MonitorDirect · GrowthWatch before adding
Nippon India Nivesh Lakshya Long Term Fund
Nippon India Mutual FundIncome/Debt Oriented Schemes - Long Term Fund8.3 years
- NAV
- 18.24
- 29 Oct 2026
- 1Y
- -0.7%
- Trailing CAGR
- AUM
- ₹5,838.78 Cr
- 30 Sept 2026
- Volatility
- Low
- 4.7% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 86% of rolling 3-year windows.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Aditya Birla Sun Life Long Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
8.3 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.33% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -5.8%. Ask whether you can hold through a similar fall.
Vs category
Pass
86% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 96.7% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-0.7%
- 3Y+5.8%
- 5Y+5.3%
- 10Yn/a
- SI+7.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-1.2%
- 3Y+2.6%
- 5Y+4.7%
- 10Yn/a
- Since inception
- +7.6%
- Calendar-day CAGR
- Excess 1Y
- -0.4%
- Category median, same plan and option
- 3Y win rate
- +86%
- Windows beating the median
- 3Y percentile
- 50
- Vs comparable share classes
- SIP 3Y XIRR
- +2.6%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.3%
- 1286 daily-ending windows
- Median rolling 3Y
- +6.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 801 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -5.8%
- Worst peak-to-trough
- Current
- -4.1%
- Below last peak
- Current spell
- 76 days
- Days below latest peak
- Time below peak
- +83%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 13 days
- 105 recovered episodes
- Longest recovery
- 200 days
- Trough to prior peak
15 Dec 2021 – 7 Sept 2022
Trough 13 Jun 2022 · recovered in 86 days
-5.8%
16 Jul 2019 – 4 Feb 2020
Trough 20 Sept 2019 · recovered in 137 days
-5.5%
21 May 2025 – 25 Jun 2026
Trough 2 Apr 2026 · recovered in 84 days
-5.1%
14 Aug 2026 – open
Trough 27 Oct 2026 · not recovered
-4.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
50
Vs category
47
Consistency
79
Risk-adjusted
44
Drawdown
85
Mean
61
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 86% of rolling 3-year windows.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 18 holdings · top 10 are 96.7%.
- Top 5
- 74.9%
- Top 10
- 96.7%
- Largest holding
- 20.5%
- Effective holdings
- 7.4
6.62% Govt. of India (MD 28/11/2051)
Entities
20.5%
GOI 8.13 22/06/2045
Entities
17.0%
CENTRAL GOVERNMENT LOAN 30951 GOI 15DC51 6.99 FV RS 100
Entities
15.5%
GOI CGL 7.06 10/10/2046
Entities
12.4%
GOI Sec 9.23 23/12/2043
Entities
9.5%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
29 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
21 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
19 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
16 Oct 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
24 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
23 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Long Term Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +0.8%
- 3Y
- +6.4%
- Vol
- 3.1%
- Max DD
- -3.3%
- Sharpe
- 0.30
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Franklin India Long Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +1.9%
- 3Y
- n/a
- Vol
- 3.4%
- Max DD
- -4.3%
- Sharpe
- -0.53
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
SBI Long Term Fund
SBI Mutual Fund
- 1Y
- +0.8%
- 3Y
- +6.1%
- Vol
- 3.7%
- Max DD
- -4.4%
- Sharpe
- 0.10
- 3Y win
- +80%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
BANDHAN LONG TERM FUND
Bandhan Mutual Fund
- 1Y
- +1.6%
- 3Y
- n/a
- Vol
- 4.0%
- Max DD
- -4.6%
- Sharpe
- -0.32
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Mirae Asset Long Term Fund
Mirae Asset Mutual Fund
- 1Y
- -0.0%
- 3Y
- n/a
- Vol
- 4.2%
- Max DD
- -5.6%
- Sharpe
- -1.00
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns