MF Gyan
otherLow risk8 years oldSteady vs its 3-year pace

NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option

A specialised fund. Check the scheme details for what it invests in. From Nippon India Mutual Fund. It's been running since 29 Aug 2018.

Latest price per unit
₹12.9696
▲ 0.03% today
As of 22 Oct 2021 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.07 L
▲ ₹7.5k gain · 7.5% / year
Invested 3 years ago
₹1.29 L
▲ ₹29.3k gain · 8.9% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.04 L
Gain / loss+₹24.4k
XIRR (annualised)8.57%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.06 L
Projected gain*+₹25.9k
*at this fund's historical rate of 8.57% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in IDF

Same plan
1-year return
7.50%median 3.33% (+4.16%)
Rank #100 of 501Beats 76% of peers
3-year return
8.94%median 4.93% (+4.00%)
Rank #26 of 501Beats 91% of peers
Bumpiness (3Y)
1.43%median 3.16% (-1.73%)
Rank #198 of 501Less risky than 56% of peers
Worst-ever drop
-1.42%median -2.36% (+0.94%)
Rank #244 of 501Less risky than 46% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 4 years were positive.

+2%
2018
+8%
2019
+12%
2020
+5%
2021
Best year
2020 · 11.51%
Worst year
2018 · 2.30%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.4%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-1.42%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option against other other funds.

Technical details (for the pros)
CAGR — 1 year7.50%
CAGR — 3 years8.94%
CAGR — 5 years—
CAGR — since launch8.54%
Volatility — 1 year (annualised)0.43%
Volatility — 3 years (annualised)1.43%
Max drawdown — 1 year-0.09%
Max drawdown — 3 years-1.42%
Sharpe ratio — 1 year (rf=6%)3.67
Sharpe ratio — 3 years (rf=6%)2.03

Fund info

Fund house
Nippon India Mutual Fund
Category
IDF
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
144483
First price on record
29 Aug 2018 · 761 daily prices

About NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option

NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option is a IDF offered by Nippon India Mutual Fund under the Direct plan with the IDCW option. It has approximately 8 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option is ₹12.9696 (as of 22 Oct 2021). Historically, it has delivered 7.49% over the last year, 8.94% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.4% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 1.4%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option?+

The latest NAV of NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option is ₹12.9696 as of 22 Oct 2021, up 0.03% from the previous day. NAV is updated once a business day after the market close.

What are the returns of NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option?+

NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option has delivered 1-year return 7.49%, 3-year CAGR 8.94%, since-inception CAGR 8.54%. Returns are historical and don't predict future performance — markets move in cycles.

What category does NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option belong to?+

NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option is categorised as IDF. A specialised fund. Check the scheme details for what it invests in.

How risky is NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option?+

Based on its 3-year annualised volatility of 1.4%, NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option a direct plan?+

NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option?+

NIPPON INDIA FIXED HORIZON FUND - XXXVIII - SERIES 11 - DIRECT Plan - IDCW Option has NAV history available from 29 Aug 2018 — approximately 8 years of track record and 761 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.