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

Nippon India Fixed Maturity Plan - XLI - Series 8 - 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 2 May 2019.

Latest price per unit
₹17.7979
▲ 0.03% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.06 L
▲ ₹6.2k gain · 6.2% / year
Invested 3 years ago
₹1.25 L
▲ ₹25.1k gain · 7.8% / year
Invested 5 years ago
₹1.38 L
▲ ₹38.2k gain · 6.7% / 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₹2.00 L
Gain / loss+₹19.5k
XIRR (annualised)7.14%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.01 L
Projected gain*+₹21.3k
*at this fund's historical rate of 7.14% 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 Income

Same plan
1-year return
6.20%median 4.49% (+1.72%)
Rank #193 of 501Beats 56% of peers
3-year return
7.75%median 6.00% (+1.76%)
Rank #85 of 501Beats 60% of peers
5-year return
6.68%median 4.91% (+1.77%)
Rank #26 of 501Beats 65% of peers
Bumpiness (3Y)
1.73%median 5.00% (-3.26%)
Rank #129 of 501Less risky than 74% of peers
Worst-ever drop
-4.72%median -6.85% (+2.13%)
Rank #279 of 501Less risky than 44% 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. 7 of last 7 years were positive.

+12%
2020
+4%
2021
+3%
2022
+8%
2023
+10%
2024
+8%
2025
+4%
2026
Best year
2020 · 11.63%
Worst year
2022 · 3.43%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
1.7%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-4.72%

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 Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option against other other funds.

Technical details (for the pros)
CAGR — 1 year6.20%
CAGR — 3 years7.75%
CAGR — 5 years6.68%
CAGR — since launch8.13%
Volatility — 1 year (annualised)1.69%
Volatility — 3 years (annualised)1.73%
Max drawdown — 1 year-1.00%
Max drawdown — 3 years-1.07%
Sharpe ratio — 1 year (rf=6%)0.17
Sharpe ratio — 3 years (rf=6%)1.03

Fund info

Fund house
Nippon India Mutual Fund
Category
Income
Plan
Direct
Option
Growth
ISIN (Growth)
INF204KB17B0
ISIN (Div re-invest)
—
Fund code
147098
First price on record
2 May 2019 · 1,780 daily prices

About Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option

Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option is a Income 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 Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option is ₹17.7979 (as of 4 Sep 2026). Historically, it has delivered 6.20% over the last year, 7.75% CAGR over 3 years, 6.68% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.7% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 4.7%. 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 Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option?+

The latest NAV of Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option is ₹17.7979 as of 4 Sep 2026, 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 Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option?+

Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option has delivered 1-year return 6.20%, 3-year CAGR 7.75%, 5-year CAGR 6.68%, since-inception CAGR 8.13%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option belong to?+

Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option?+

Based on its 3-year annualised volatility of 1.7%, Nippon India Fixed Maturity Plan - XLI - Series 8 - 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 Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option a direct plan?+

Nippon India Fixed Maturity Plan - XLI - Series 8 - 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 Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option?+

Nippon India Fixed Maturity Plan - XLI - Series 8 - Direct Plan - Growth Option has NAV history available from 2 May 2019 — approximately 8 years of track record and 1,780 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.