# Nippon India Medium Term Fund

Nippon Life India Asset Management Limited · Medium Term · Regular plan, Growth

Full page with charts: https://discovermf.com/funds/nippon-india-medium-term-fund-130037
Figures as of 3 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

## In short

- **What it invests in:** Lending for three to four years. Its latest portfolio: 84% bonds and money market and 15% cash.
- **₹10,000 a month:** For the last 5 years: ₹6 lakh put in, worth ₹7.15 lakh on 3 Nov 2026.
- **Next to similar funds:** Over the last 3 years it earned 7.7% a year; similar funds earned 7.0% a year on average.
- **How bumpy:** Moderate: some ups and downs. It made money in 85 of every 100 one-year stretches; its worst 12 months saw a fall of 29.7%.
- **Expense ratio:** 1.08% a year. Similar funds: 1.32% on average.
- **Fees and minimums:** A SIP from ₹100 a month. A fee may apply if you sell soon after buying; the full terms are under Cost.

Past returns do not tell you future returns.

## Key facts

- **NAV:** ₹16.84 on 3 Nov 2026
- **Fund size:** ₹144 cr (2 Nov 2026)
- **Expense ratio:** 1.08% a year (typical in its category 1.32%)
- **Riskometer:** Moderate
- **Benchmark:** CRISIL Medium Duration Debt A-III Index
- **Category:** [Medium Term](https://discovermf.com/categories/medium-term.md)
- **Fund house:** [Nippon Life India Asset Management Limited](https://discovermf.com/fund-houses/nippon-india)
- **Launched:** 26 Jun 2014
- **Exit load:** 1%, if redeemed or switched out on or before completion of 12 months from the date of allotment of units. Nil thereafter.
Not applicable for Segregated Portfolio
- **Minimum investment:** ₹5,000 to start, ₹100 a month by SIP
- **AMFI scheme code:** 130037

## Returns

| Period | Fund | Category average | Benchmark | Rank in category |
| --- | --- | --- | --- | --- |
| 1 month | -0.0% | — | — | — |
| 3 months | +0.1% | — | — | — |
| 6 months | +2.5% | — | — | — |
| 1 year | +4.5% | +4.2% | +2.4% | 7 of 13 |
| 3 years (a year) | +7.7% | +7.0% | +6.3% | 2 of 13 |
| 5 years (a year) | +6.2% | +6.2% | +5.4% | 4 of 12 |
| Since launch (a year) | +4.3% | — | — | — |

### Calendar years

| Year | Fund | Benchmark |
| --- | --- | --- |
| 2026 | +3.8% | — |
| 2025 | +9.6% | — |
| 2024 | +8.3% | — |
| 2023 | +7.0% | — |
| 2022 | +2.0% | — |
| 2021 | +17.4% | — |
| 2020 | -23.5% | — |
| 2019 | -3.4% | — |
| 2018 | +4.7% | — |
| 2017 | +6.9% | — |

### A ₹10,000 monthly SIP

On the first price of each month, valued at the NAV of 3 Nov 2026.

| Started | Put in | Worth | Yearly return (XIRR) |
| --- | --- | --- | --- |
| 3 years ago | ₹3.6 lakh | ₹3.99 lakh | +6.8% |
| 5 years ago | ₹6 lakh | ₹7.15 lakh | +7.0% |
| 10 years ago | ₹12 lakh | ₹15.1 lakh | +4.5% |

## Risk

| Measure | Fund | Category average |
| --- | --- | --- |
| Volatility, last year | 1.5% | 1.5% |
| Worst fall, last year | -0.8% | — |
| Worst fall, last 3 years | -0.8% | — |
| Sharpe ratio, 3 years | 1.01 | — |
| Sortino ratio, 3 years | 2.26 | — |
| Beta, 3 years | — | — |
| Alpha, 3 years | — | — |

## Portfolio, September 2026

31 holdings. Debt 84.2%, Cash and equivalents 15.5%, Other 0.3%.

### Largest holdings

| Holding | Sector or type | Weight |
| --- | --- | --- |
| Triparty Repo | Cash | 13.88% |
| 7.44% National Bank For Agriculture and Rural Development | Debt | 6.78% |
| Indian Railway Finance Corporation Limited | Debt | 3.63% |
| 8.8% REC Limited | Debt | 3.50% |
| 10.5% Triumph Composites Limited | Debt | 3.50% |
| 9.25% Truhome Finance Limited | Debt | 3.45% |
| 10.4% Muthoot Fincorp Ltd | Debt | 3.43% |
| 8.29% Godrej Industries Limited | Debt | 3.43% |
| 7.3% State Government Securities | Debt | 3.41% |
| 7.27% State Government Securities | Debt | 3.41% |

## Managers

- [Sushil Budhia](https://discovermf.com/fund-managers/sushil-budhia), since 1 Feb 2020

## Objective

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity. There is no assurance that the investment objective of the Scheme will be achieved.