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

We don't give personal investment advice. NIPPON INDIA GILT FUND - 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: 5.7%. 5-year CAGR: 0.38%.

Reliance

NIPPON INDIA GILT FUND - MONTHLY IDCW Option

Latest NAV

₹10.7124

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%	+0.10%	+0.00	1 / 5	Q1
1W	-0.42%	-0.42%	+0.00	1 / 5	Q1
2W	-0.92%	-0.92%	+0.00	1 / 5	Q1
1M	-0.83%	-0.09%	-0.75	5 / 5	Q4
3M	+1.51%	+2.27%	-0.77	5 / 5	Q4
6M	+1.90%	+2.67%	-0.77	5 / 5	Q4
YTD	+1.42%	+2.18%	-0.76	5 / 5	Q4
1Y	+0.77%	+1.53%	-0.76	5 / 5	Q4
2Y	+0.42%	+3.86%	-3.45	5 / 5	Q4
3Y	+0.48%	+4.69%	-4.21	5 / 5	Q4
4Y	+0.84%	+5.14%	-4.30	5 / 5	Q4
5Y	+0.38%	+4.12%	-3.74	5 / 5	Q4
7Y	+0.40%	+4.58%	-4.18	5 / 5	Q4
10Y	+0.26%	+5.49%	-5.22	5 / 5	Q4
Inception	+0.36%	+6.15%	-5.79	5 / 5	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	+1.42%	+2.18%	-0.76	5 / 5
2025	-1.02%	+2.89%	-3.91	5 / 5
2024	+1.29%	+7.53%	-6.25	5 / 5
2023	+0.05%	+5.22%	-5.17	5 / 5
2022	+0.72%	+1.80%	-1.08	5 / 5
2021	-0.58%	+1.32%	-1.91	5 / 5
2020	+0.25%	+8.69%	-8.44	5 / 5
2019	+1.41%	+10.49%	-9.08	5 / 5
2018	+1.36%	+6.65%	-5.29	5 / 5
2017	-3.50%	+1.15%	-4.65	5 / 5
2016	+1.96%	+13.81%	-11.85	5 / 5

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

+0.19%

207 windows

min -15.8% · max 9.4%

59% positive

3-Year rolling

+0.35%

182 windows

min -2.8% · max 4.9%

71% positive

5-Year rolling

+0.34%

158 windows

min -3.2% · max 1.8%

82% positive

7-Year rolling

+0.40%

134 windows

min -2.0% · max 1.6%

91% 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

3.82%

3-year · annualised

Sharpe ratio

-1.57

vs risk-free 6.5%

Sortino ratio

-2.22

Downside-only deviation

Max drawdown

-5.67%

Apr 2025 → Aug 2025

% positive months

50.0%

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	₹10.7124
23 Jul 2026	₹10.7016
22 Jul 2026	₹10.7232
21 Jul 2026	₹10.7370
20 Jul 2026	₹10.7454
17 Jul 2026	₹10.7572
16 Jul 2026	₹10.7749
15 Jul 2026	₹10.7605
14 Jul 2026	₹10.7467
13 Jul 2026	₹10.8006

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 - MONTHLY IDCW Option is ₹10.7124. It's a Gilt Fund from Reliance, run as a Retail plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

NIPPON INDIA GILT FUND - MONTHLY IDCW 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 - MONTHLY IDCW 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 - MONTHLY IDCW Option has delivered a absolute return of 0.77% — -0.76 pp behind the Gilt Fund category average of 1.53%. The fund ranks #5 of 5 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, NIPPON INDIA GILT FUND - MONTHLY IDCW Option has delivered a CAGR of 0.48% — -4.21 pp behind the Gilt Fund category average of 4.69%. The fund ranks #5 of 5 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, NIPPON INDIA GILT FUND - MONTHLY IDCW Option has delivered a CAGR of 0.38% — -3.74 pp behind the Gilt Fund category average of 4.12%. The fund ranks #5 of 5 in its category — the bottom (Q4) quartile.

₹1 lakh invested in NIPPON INDIA GILT FUND - MONTHLY IDCW Option exactly 10 years ago would be worth approximately ₹102,648 today — a multiplier of 1.03×, based on the 10-year CAGR of 0.26%. The category average over the same window would have grown ₹1 lakh to ₹170,577.

A ₹10,000 monthly SIP in NIPPON INDIA GILT FUND - MONTHLY IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹608,212 today. That's an XIRR (money-weighted annualised return) of 0.54%.

A ₹10,000 monthly SIP for 10 years in NIPPON INDIA GILT FUND - MONTHLY IDCW Option = ₹1,200,000 invested. It would currently be worth ₹1,221,780 (multiplier 1.02×). XIRR: 0.36%. 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 - MONTHLY IDCW Option ranks #5 out of 5 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 4.12%; this fund delivered 0.38%.

The worst peak-to-trough decline NIPPON INDIA GILT FUND - MONTHLY IDCW Option has experienced over the last 5-year window is 5.67% — 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 - MONTHLY IDCW Option averaged 0.34% (best 1.78%, worst -3.17%). 82% of rolling windows ended positive. The 5-year Sharpe ratio is -1.86 — negative risk-adjusted performance.

In calendar year 2025, NIPPON INDIA GILT FUND - MONTHLY IDCW Option returned -1.02% — lagging the Gilt Fund category average of 2.89% by 3.91 pp. It ranked #5 of 5 in its category that year.

NIPPON INDIA GILT FUND - 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 - 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: 5.7%. 5-year CAGR: 0.38%.

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