MF Gyan
otherLow risk8 years oldAccelerating recently (last 6m ≈ 19% p.a.)

Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth Option

A specialised fund. Check the scheme details for what it invests in. From Nippon India Mutual Fund. It's been running since 26 Feb 2019.

Latest price per unit
₹13.3025
▲ 0.01% today
As of 15 Jun 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.12 L
▲ ₹12.3k gain · 12.3% / year
Invested 3 years ago
₹1.29 L
▲ ₹28.8k gain · 8.8% / 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₹2.12 L
Gain / loss+₹31.8k
XIRR (annualised)11.21%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.15 L
Projected gain*+₹34.8k
*at this fund's historical rate of 11.21% 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
12.29%median 3.33% (+8.95%)
Rank #4 of 501Beats 99% of peers
3-year return
8.80%median 4.93% (+3.87%)
Rank #34 of 501Beats 88% of peers
Bumpiness (3Y)
4.48%median 3.16% (+1.32%)
Rank #260 of 501Less risky than 42% of peers
Worst-ever drop
-3.77%median -2.36% (-1.41%)
Rank #176 of 501Less risky than 61% 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.

+4%
2019
+9%
2020
+8%
2021
+9%
2022
Best year
2022 · 8.78%
Worst year
2019 · 4.27%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
4.5%

The value swings roughly 4% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-3.77%

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 XXXX - Series 16 - Direct Plan - Growth Option against other other funds.

Technical details (for the pros)
CAGR — 1 year12.29%
CAGR — 3 years8.80%
CAGR — 5 years—
CAGR — since launch9.02%
Volatility — 1 year (annualised)6.70%
Volatility — 3 years (annualised)4.48%
Max drawdown — 1 year-0.02%
Max drawdown — 3 years-3.77%
Sharpe ratio — 1 year (rf=6%)0.90
Sharpe ratio — 3 years (rf=6%)0.64

Fund info

Fund house
Nippon India Mutual Fund
Category
IDF
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
146331
First price on record
26 Feb 2019 · 797 daily prices

About Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth Option

Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth Option is a IDF offered by Nippon India Mutual Fund under the Direct plan with the Growth 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 XXXX - Series 16 - Direct Plan - Growth Option is ₹13.3025 (as of 15 Jun 2022). Historically, it has delivered 12.28% over the last year, 8.80% 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 4.5% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 3.8%. 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 XXXX - Series 16 - Direct Plan - Growth Option?+

The latest NAV of Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth Option is ₹13.3025 as of 15 Jun 2022, up 0.01% 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 XXXX - Series 16 - Direct Plan - Growth Option?+

Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth Option has delivered 1-year return 12.28%, 3-year CAGR 8.80%, since-inception CAGR 9.02%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth Option belong to?+

Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth 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 XXXX - Series 16 - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 4.5%, Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth 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 XXXX - Series 16 - Direct Plan - Growth Option a direct plan?+

Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth Option is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth Option?+

Nippon India Fixed Horizon Fund XXXX - Series 16 - Direct Plan - Growth Option has NAV history available from 26 Feb 2019 — approximately 8 years of track record and 797 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.