Should I invest in Nippon India Gilt Fund?

We don't give personal investment advice. Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth 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: 3.9%. 5-year CAGR: 5.19%.

Reliance

Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option

Latest NAV

₹39.7535

As of

24 Jul 2026

4,317 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	+0.10%	+0.05%	+0.05	1 / 2	Q2
1W	-0.41%	-0.39%	-0.02	2 / 2	Q4
2W	-0.91%	-0.33%	-0.58	2 / 2	Q4
1M	+0.12%	+0.40%	-0.28	2 / 2	Q4
3M	+2.53%	+3.65%	-1.12	2 / 2	Q4
6M	+3.23%	+3.60%	-0.37	2 / 2	Q4
YTD	+2.74%	+3.40%	-0.65	2 / 2	Q4
1Y	+2.08%	+6.99%	-4.91	2 / 2	Q4
2Y	+4.90%	+8.73%	-3.83	2 / 2	Q4
3Y	+5.86%	+9.44%	-3.58	2 / 2	Q4
4Y	+6.34%	+9.01%	-2.67	2 / 2	Q4
5Y	+5.19%	+8.09%	-2.90	2 / 2	Q4
7Y	+5.76%	+7.90%	-2.14	2 / 2	Q4
10Y	+6.92%	+6.92%	+0.00	1 / 1	Q4
Inception	+7.98%	+8.87%	-0.89	2 / 2	Q4

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	+2.74%	+2.74%	+0.00	1 / 1
2025	+3.86%	+3.86%	+0.00	1 / 1
2024	+9.07%	+9.07%	+0.00	1 / 1
2023	+6.59%	+6.59%	+0.00	1 / 1
2022	+2.23%	+2.23%	+0.00	1 / 1
2021	+1.97%	+1.97%	+0.00	1 / 1
2020	+10.96%	+10.96%	+0.00	1 / 1
2019	+12.87%	+12.87%	+0.00	1 / 1
2018	+8.09%	+8.09%	+0.00	1 / 1
2017	+2.42%	+3.23%	-0.82	2 / 2
2016	+16.89%	+16.89%	+0.00	1 / 2

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

+7.60%

207 windows

min -7.6% · max 20.9%

97% positive

3-Year rolling

+7.99%

182 windows

min 2.5% · max 14.8%

100% positive

5-Year rolling

+8.20%

158 windows

min 2.7% · max 11.9%

100% positive

7-Year rolling

+8.52%

134 windows

min 5.8% · max 11.0%

100% 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

3.59%

3-year · annualised

Sharpe ratio

-0.21

vs risk-free 6.5%

Sortino ratio

-0.39

Downside-only deviation

Max drawdown

-3.86%

May 2025 → Aug 2025

% positive months

69.4%

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 - Growth Plan	HDFC	₹57.1929	24 Jul 2026
NIPPON INDIA GILT FUND - Direct Plan - MONTHLY IDCW Option	Nippon India	₹11.6762	24 Jul 2026
SBI GILT FUND - GROWTH - PF (Fixed Period - 3 Yrs) Option	SBI	₹41.0817	24 Jul 2026
ICICI Prudential Gilt Fund - Direct Plan - IDCW	ICICI Prudential	₹18.6600	24 Jul 2026
Invesco India Gilt Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,215.1273	24 Jul 2026
Bandhan Gilt Fund - Direct Plan - Annual IDCW	Bandhan	₹12.6665	24 Jul 2026
quant Gilt Fund - IDCW Option - Direct Plan	Quant	₹12.5330	24 Jul 2026
Aditya Birla Sun Life Govenment Securities Fund -DIRECT - Quarterly IDCW	Aditya Birla Sun Life	₹11.5901	24 Jul 2026
Franklin India Government Securities Fund - Direct - IDCW	Franklin India	₹11.9314	24 Jul 2026
Franklin India Government Securities Fund - Growth	Franklin Templeton	₹61.4889	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹39.7535
23 Jul 2026	₹39.7134
22 Jul 2026	₹39.7933
21 Jul 2026	₹39.8441
20 Jul 2026	₹39.8751
17 Jul 2026	₹39.9180
16 Jul 2026	₹39.9837
15 Jul 2026	₹39.9297
14 Jul 2026	₹39.8781
13 Jul 2026	₹40.0781

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 24 Jul 2026, the NAV of Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option is ₹39.7535. It's a Gilt Fund from Reliance, run as a Institutional plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option has NAV history starting from 22 Aug 2008, a track record of about 17 years 11 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option is managed by Reliance. 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 - Institutional Plan-Growth Plan -Growth Option has delivered a absolute return of 2.08% — -4.91 pp behind the Gilt Fund category average of 6.99%. The fund ranks #2 of 2 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option has delivered a CAGR of 5.86% — -3.58 pp behind the Gilt Fund category average of 9.44%. The fund ranks #2 of 2 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option has delivered a CAGR of 5.19% — -2.9 pp behind the Gilt Fund category average of 8.09%. The fund ranks #2 of 2 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option exactly 10 years ago would be worth approximately ₹195,269 today — a multiplier of 1.95×, based on the 10-year CAGR of 6.92%. The category average over the same window would have grown ₹1 lakh to ₹195,269.

A ₹10,000 monthly SIP in Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹690,207 today. That's an XIRR (money-weighted annualised return) of 5.54%.

A ₹10,000 monthly SIP for 10 years in Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,640,999 (multiplier 1.37×). XIRR: 6.10%. 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 - Institutional Plan-Growth Plan -Growth Option ranks #2 out of 2 funds in the Gilt Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 8.09%; this fund delivered 5.19%.

The worst peak-to-trough decline Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option has experienced over the last 5-year window is 3.86% — its NAV fell from a high on 28 May 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 - Institutional Plan-Growth Plan -Growth Option averaged 8.20% (best 11.86%, worst 2.74%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.45 — negative risk-adjusted performance.

In calendar year 2025, Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option returned 3.86% — beating the Gilt Fund category average of 3.86% by 0.00 pp. It ranked #1 of 1 in its category that year.

Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth 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 - Institutional Plan-Growth Plan -Growth 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: 3.9%. 5-year CAGR: 5.19%.

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

Nippon India Gilt Fund - Institutional Plan-Growth Plan -Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Gilt Fund

Recent NAVs

Frequently asked questions

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