DebtIncomeDirectIDCWModerate

Nippon India Interval Fund-Quarterly Interval Fund Serie-II

Q: What is the NAV of Nippon India Interval Fund-Quarterly Interval Fund Serie-II?

As of 01 Oct 2026, the NAV of Nippon India Interval Fund-Quarterly Interval Fund Serie-II is ₹13.61 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Nippon India Mutual Fund

NAV

₹13.61

+0.03% 1D

as of 01 Oct 2026

This is the Direct plan of Nippon India Interval Fund-Quarterly Interval Fund Serie-II — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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NAV history

+5.89%CAGR

52-week rangePrev NAV ₹13.60

Latest ₹13.61

Low ₹12.85100th percentile of its 52-week rangeHigh ₹13.61

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Debt funds (same plan and option) to rank against yet.

Performance—

Not enough Income peers to rank yet

Risk—

Volatility 0.3% (no category average yet)

Cost—

0.1% expense (no category average yet)

ConsistencyLow

61% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Positive in only 61% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.13%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

CRISIL Liquid Debt Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

12 Feb 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.45%

Absolute return over the last 3 months (not annualized)

+1.39%

Absolute return over the last 6 months (not annualized)

+3.05%

Absolute return since 1 Jan of this year (not annualized)

+4.43%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+5.88%

3-year annualized return (CAGR)

+6.57%

5-year annualized return (CAGR)

+6.26%

10-year annualized return (CAGR)

+3.01%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+2.26%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.27%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-3.22%

Benchmark ratios

Not shown for Income — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Income)

Period	Fund	Category avg.	Diff
1M abs	+0.45%	—	—
3M abs	+1.39%	—	—
6M abs	+3.05%	—	—
1Y CAGR	+5.88%	—	—
3Y CAGR	+6.57%	—	—
5Y CAGR	+6.26%	—	—

Category average across peers in Income, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.03L

Absolute

+17.15%

XIRR

+6.47%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Nippon India Interval Fund-Quarterly Interval Fund Serie-II, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+4.43%
2025	+6.12%
2024	+7.41%
2023	+7.20%
2022	+5.31%
2021	-0.11%
2020	+0.49%
2019	-0.34%
2018	+0.20%
2017	-0.03%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

3,228

Expense ratio

0.13%

Exit load

NIL

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Income

Compare all


Nippon India Interval Fund-Quarterly Interval Fund Serie-IIThis fund Nippon India · Direct · IDCW	—	+5.88%	+6.57%	+6.26%	—	0.13%	—
Nippon India Fixed Maturity Plan - XLIII - Series 5 Nippon India · Direct · IDCW	—	+5.51%	+7.66%	—	—	0.15%	₹186.24Cr
Nippon India Fixed Maturity Plan - XLIV - Series 1 Nippon India · Direct · IDCW	—	+5.89%	+7.61%	—	—	0.17%	₹79.38Cr
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) SBI · Direct · IDCW	—	+5.03%	+7.59%	+6.61%	—	0.13%	₹51.26Cr
HDFC FMP 1861D March 2022 HDFC · Direct · IDCW	—	+6.03%	+7.57%	—	—	0.08%	₹500.13Cr
Nippon India Fixed Maturity Plan - XLI - Series 8 Nippon India · Direct · IDCW	—	+5.24%	+7.56%	+6.60%	—	0.10%	₹68.71Cr

AMC Profile

Nippon India Mutual Fund is managed by Nippon Life India Asset Management, which took control of the former Reliance Mutual Fund in 2019 when Nippon Life of Japan bought out the Reliance Capital stake. It is among India's largest fund houses by assets and is best known for its small- and mid-cap franchise.

Launched

29 Jun 1995

Total AUM

₹7,87,053Cr+4.7% QoQ

Avg AUM · July - September 2026

Website

mf.nipponindiaim.com

Fund Managers

VAVikash AgarwalManaging since 14 Sep 2024

Role

Senior Fund Manger

Education

Chartered Accountant, MS Finance (ICFAI). BCOM HONS

Experience

Over 18.5 years of experience in capital markets From September 05, 2024 onwards Nippon Life India Asset Management – Senior Fund Manager – Fixed Income From September 2007 to August 2024 HDFC Asset Management - Fund Manager Debt From April 2006 to September 2007 Larsen and Toubro - Forex Trading and economic research

Funds managed (13)

All schemes Vikash Agarwal runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Vikash Agarwal

Nippon India in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of Nippon India Interval Fund-Quarterly Interval Fund Serie-II?

As of 01 Oct 2026, the NAV of Nippon India Interval Fund-Quarterly Interval Fund Serie-II is ₹13.61 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Nippon India Interval Fund-Quarterly Interval Fund Serie-II delivered?

Nippon India Interval Fund-Quarterly Interval Fund Serie-II has returned +5.88% over 1 year, +6.57% per year over 3 years, +6.26% per year over 5 years and +2.26% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Nippon India Interval Fund-Quarterly Interval Fund Serie-II?

Nippon India Interval Fund-Quarterly Interval Fund Serie-II charges an expense ratio of 0.13% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

How risky is Nippon India Interval Fund-Quarterly Interval Fund Serie-II?

Nippon India Interval Fund-Quarterly Interval Fund Serie-II is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.3% and its worst peak-to-trough fall in our sample was -3.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Nippon India Interval Fund-Quarterly Interval Fund Serie-II?

Nippon India Interval Fund-Quarterly Interval Fund Serie-II is benchmarked against the CRISIL Liquid Debt Index. Its alpha and beta on this page are measured against that index.

Who manages Nippon India Interval Fund-Quarterly Interval Fund Serie-II?

Nippon India Interval Fund-Quarterly Interval Fund Serie-II is managed by Vikash Agarwal at Nippon India.

How is Nippon India Interval Fund-Quarterly Interval Fund Serie-II taxed?

Nippon India Interval Fund-Quarterly Interval Fund Serie-II is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.