Should I invest in NIPPON INDIA GILT FUND - MONTHLY IDCW Option?

We don't give personal investment advice. NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.2%. 5-year CAGR: 0.12%.

Nippon India

NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option

Latest NAV

₹11.5637

As of

3 Jun 2026

3,235 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.09%	+0.06%	+0.03	17 / 48	Q2
1W	+0.14%	+0.18%	-0.03	17 / 48	Q2
2W	+0.68%	+0.60%	+0.08	22 / 48	Q2
1M	+0.03%	+0.25%	-0.22	27 / 48	Q3
3M	-0.34%	-0.44%	+0.10	21 / 48	Q2
6M	+0.79%	+0.24%	+0.55	13 / 48	Q2
YTD	+0.15%	+0.12%	+0.03	18 / 48	Q2
1Y	-0.80%	-1.18%	+0.38	15 / 48	Q2
2Y	-0.60%	+2.32%	-2.92	34 / 43	Q4
3Y	-0.15%	+2.92%	-3.07	31 / 41	Q4
4Y	+0.54%	+3.17%	-2.63	27 / 36	Q3
5Y	+0.12%	+2.31%	-2.19	24 / 33	Q3
7Y	+0.01%	+2.57%	-2.57	24 / 30	Q4
10Y	+0.38%	+2.99%	-2.61	22 / 27	Q4
Inception	+0.86%	+3.38%	-2.52	33 / 48	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.15%	-0.58%	+0.73	10 / 39
2025	-1.25%	+1.34%	-2.60	31 / 38
2024	+0.58%	+5.54%	-4.96	29 / 35
2023	+0.23%	+4.18%	-3.94	29 / 35
2022	+1.10%	+0.43%	+0.67	14 / 31
2021	-0.48%	-0.22%	-0.26	16 / 31
2020	+0.60%	+5.04%	-4.43	22 / 31
2019	+1.12%	+7.33%	-6.21	23 / 26
2018	+1.91%	+4.31%	-2.40	20 / 31
2017	-2.97%	-0.85%	-2.11	22 / 33
2016	+2.34%	+9.36%	-7.02	26 / 31

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.80%

152 windows

min -5.2% · max 8.6%

64% positive

3-Year rolling

+0.70%

127 windows

min -1.2% · max 5.1%

76% positive

5-Year rolling

+0.61%

103 windows

min -0.9% · max 2.4%

83% positive

7-Year rolling

+0.66%

79 windows

min -0.1% · max 2.0%

96% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

3.24%

3-year · annualised

Sharpe ratio

-2.04

vs risk-free 6.5%

Sortino ratio

-2.87

Downside-only deviation

Max drawdown

-6.20%

Apr 2025 → Aug 2025

% positive months

47.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Gilt Fund

Scheme	Fund house	NAV	As of
HDFC Gilt Fund - IDCW Option - Direct Plan	HDFC	₹12.9019	3 Jun 2026
Nippon India Gilt Fund - Direct Plan - P F Option - Automatic Capital Appreciation Payout Option	Nippon India	₹43.0123	3 Jun 2026
SBI Gilt Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹22.7535	3 Jun 2026
ICICI Prudential Gilt Fund - Direct Plan - IDCW	ICICI Prudential	₹18.1300	3 Jun 2026
Invesco India Gilt Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,174.6952	3 Jun 2026
Bandhan Gilt Fund - Direct Plan - Annual IDCW	Bandhan	₹12.2891	3 Jun 2026
quant Gilt Fund - IDCW Option - Direct Plan	Quant	₹12.2696	3 Jun 2026
Aditya Birla Sun Life Govenment Securities Fund -DIRECT - Quarterly IDCW	Aditya Birla Sun Life	₹11.4114	3 Jun 2026
Franklin India Government Securities Fund - Direct - IDCW	Franklin India	₹11.8135	3 Jun 2026
Kotak Gilt-Investment Regular-Payout of Income Distribution cum capital withdrawal option - Direct	Kotak	₹23.8598	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹11.5637
2 Jun 2026	₹11.5773
1 Jun 2026	₹11.5669
29 May 2026	₹11.5769
27 May 2026	₹11.5619
26 May 2026	₹11.5608
25 May 2026	₹11.5634
22 May 2026	₹11.5193
21 May 2026	₹11.5044
20 May 2026	₹11.5128

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option is ₹11.5637. It's a Gilt Fund from Nippon India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option has NAV history starting from 03 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option is managed by Nippon India. It's classified by AMFI under the 'Gilt Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option has delivered a absolute return of -0.80% — +0.38 pp ahead of the Gilt Fund category average of -1.18%. The fund ranks #15 of 48 in its category — the second (Q2) quartile.

Over the trailing 3-year window, NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option has delivered a CAGR of -0.15% — -3.07 pp behind the Gilt Fund category average of 2.92%. The fund ranks #31 of 41 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option has delivered a CAGR of 0.12% — -2.19 pp behind the Gilt Fund category average of 2.31%. The fund ranks #24 of 33 in its category — the third (Q3) quartile.

₹1 lakh invested in NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option exactly 10 years ago would be worth approximately ₹103,818 today — a multiplier of 1.04×, based on the 10-year CAGR of 0.38%. The category average over the same window would have grown ₹1 lakh to ₹134,259.

A ₹10,000 monthly SIP in NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹599,868 today. That's an XIRR (money-weighted annualised return) of -0.01%.

A ₹10,000 monthly SIP for 10 years in NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option = ₹1,200,000 invested. It would currently be worth ₹1,210,045 (multiplier 1.01×). XIRR: 0.17%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option ranks #24 out of 33 funds in the Gilt Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 2.31%; this fund delivered 0.12%.

The worst peak-to-trough decline NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option has experienced over the last 5-year window is 6.20% — its NAV fell from a high on 24 Apr 2025 to a low on 26 Aug 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option averaged 0.61% (best 2.37%, worst -0.92%). 83% of rolling windows ended positive. The 5-year Sharpe ratio is -2.30 — negative risk-adjusted performance.

In calendar year 2025, NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option returned -1.25% — lagging the Gilt Fund category average of 1.34% by 2.60 pp. It ranked #31 of 38 in its category that year.

NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.2%. 5-year CAGR: 0.12%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.