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Nippon India Fixed Maturity Plan - XLIII - Series 5

Q: What is the NAV of Nippon India Fixed Maturity Plan - XLIII - Series 5?

As of 01 Oct 2026, the NAV of Nippon India Fixed Maturity Plan - XLIII - Series 5 is ₹13.59 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Nippon India Fixed Maturity Plan - XLIII - Series 5 delivered?

Nippon India Fixed Maturity Plan - XLIII - Series 5 has returned +5.51% over 1 year, +7.66% per year over 3 years and +6.99% 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.

Q: What is the expense ratio of Nippon India Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5 charges an expense ratio of 0.15% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Nippon India Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5's largest holdings are 8.05% State Government Securities (41.4%), 6.99% State Government Securities (32.9%), 8.39% State Government Securities (4.0%), GOI STRIPS (MD16/06/2028) (2.6%) and 8.57% State Government Securities (2.5%). Holdings are disclosed monthly and change over time.

Q: How risky is Nippon India Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5 is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.3% and its worst peak-to-trough fall in our sample was -2.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.89 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Nippon India Fixed Maturity Plan - XLIII - Series 5's 0.89 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Nippon India Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5 is benchmarked against the CRISIL Medium to Long Duration Debt A - III Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Nippon India Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5 is managed by Vikash Agarwal at Nippon India.

Q: How is Nippon India Fixed Maturity Plan - XLIII - Series 5 taxed?

Nippon India Fixed Maturity Plan - XLIII - Series 5 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.

Nippon India Mutual Fund

NAV

₹13.59

+0.03% 1D

as of 01 Oct 2026

This is the Direct plan of Nippon India Fixed Maturity Plan - XLIII - Series 5 — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+5.60%CAGR

52-week rangePrev NAV ₹13.59

Latest ₹13.59

Low ₹12.8899th percentile of its 52-week rangeHigh ₹13.60

Scorecard

★★★★☆4/5 vs 32 Income peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

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. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Income (same plan and option).

PerformanceStrong

3Y CAGR +7.66% · ranks 5 of 32 Income funds

RiskHigh

Volatility 1.3% vs 0.9% category avg

CostHigh

0.1% expense vs 0.1% category avg

ConsistencyHigh

100% 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

Consistent — positive in 100% of rolling 3-year windows

Concerns

3-year return (+7.66%) trails the Income average (+8.81%)
Weaker risk-adjusted returns — Sharpe 0.89 below the Income average of 1.23
More volatile than its Income peers (1.3% vs 0.9%)
High expense ratio (0.15%) vs the Income average of 0.12%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.15%

Category 0.12%▲0.03%

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

—

Category —

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

0.89

Category 1.23▼0.34

Scheme Info

Definitions

Plan

Direct · Growth

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 Medium to Long Duration Debt A - III 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.

07 Mar 2022

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

Definitions

Absolute return over the last 1 month (not annualized)

+0.23%

Absolute return over the last 3 months (not annualized)

+1.07%

Absolute return over the last 6 months (not annualized)

+2.95%

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

+3.66%

Annualized returns (≥1Y — CAGR)

Definitions

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

+5.51%

3-year annualized return (CAGR)

+7.66%

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

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.

+6.99%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.30%

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

0.89

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

1.31

Largest peak-to-trough decline over full history

-2.62%

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	+0.23%	+0.16%	+0.07%
3M abs	+1.07%	+1.01%	+0.06%
6M abs	+2.95%	+2.90%	+0.05%
1Y CAGR	+5.51%	+5.82%	-0.31%
3Y CAGR	+7.66%	+8.81%	-1.15%
5Y CAGR	—	+9.87%	—

Category average across peers in Income (31 of 32 carry a figure for at least one period), 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.

Category rank

Vs 32 peers in Income

1Y return

+5.51%

Beats 25.8% · rank #24

3Y return

+7.66%

Beats 87.1% · rank #5

5Y return

—

Sharpe

0.89

Beats 43.5% · rank #14

Sortino

1.31

Beats 43.5% · rank #14

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

₹3.60L

Current value

₹3.97L

Absolute

+10.41%

XIRR

+6.90%

Value vs. invested

ValueInvested

36 monthly installments of ₹10,000 into Nippon India Fixed Maturity Plan - XLIII - Series 5, 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	+3.66%
2025	+8.60%
2024	+8.75%
2023	+7.92%
2022part	+3.06%

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

1,107

Expense ratio

0.15%

AUM

₹186.24Cr

YTM (from holdings)

6.85%

Average maturity

1.70 years

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 Fixed Maturity Plan - XLIII - Series 5This fund Nippon India · Direct · Growth	★★★★☆	+5.51%	+7.66%	—	—	0.15%	₹186.24Cr
IL&FS Infrastructure Debt Fund Series 2C IL&FS Mutual Fund (IDF) · Direct · Growth	★★★★★	+7.62%	+22.14%	+16.79%	—	—	—
IL&FS Infrastructure Debt Fund Series 2B IL&FS Mutual Fund (IDF) · Direct · Growth	★★★★★	+6.97%	+21.69%	+20.67%	—	—	—
IL&FS Infrastructure Debt Fund Series 2A IL&FS Mutual Fund (IDF) · Direct · Growth	★★★★★	+9.15%	+21.57%	+30.94%	—	—	—
Nippon India Fixed Maturity Plan - XLV - Series 5 Nippon India · Direct · Growth	★★★★★	+7.66%	+8.58%	—	—	0.10%	₹182.14Cr
Nippon India Fixed Maturity Plan - XLIV - Series 1 Nippon India · Direct · Growth	★★★★☆	+5.89%	+7.61%	—	—	0.17%	₹79.38Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt97.78%
Cash & Equivalents2.22%

Debt & cash (38)

bonds, treasury bills, CDs, commercial paper and cash

As on 31 Aug 2026 · AMC disclosure

8.05% State Government Securities

41.40%

6.99% State Government Securities

32.92%

8.39% State Government Securities

4.05%

GOI STRIPS (MD16/06/2028)

2.57%

8.57% State Government Securities

2.48%

GOI Strips (MD 12/06/2028 )

2.42%

8.32% State Government Securities

1.55%

8.2% State Government Securities

1.21%

GOI STRIPS (MD 02/07/2028)

1.08%

8.55% State Government Securities

1.05%

Fund size over time

Quarterly average AUM · AMFI

₹186.24Cr

April - June 2026

+1%

since January - March 2026

+₹32.78L

est. net flow, last quarter

At or near its largest, ₹186.24Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

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.

Explore from here

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 Fixed Maturity Plan - XLIII - Series 5?

As of 01 Oct 2026, the NAV of Nippon India Fixed Maturity Plan - XLIII - Series 5 is ₹13.59 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Nippon India Fixed Maturity Plan - XLIII - Series 5 delivered?

Nippon India Fixed Maturity Plan - XLIII - Series 5 has returned +5.51% over 1 year, +7.66% per year over 3 years and +6.99% 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 Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5 charges an expense ratio of 0.15% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Nippon India Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5's largest holdings are 8.05% State Government Securities (41.4%), 6.99% State Government Securities (32.9%), 8.39% State Government Securities (4.0%), GOI STRIPS (MD16/06/2028) (2.6%) and 8.57% State Government Securities (2.5%). Holdings are disclosed monthly and change over time.

How risky is Nippon India Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5 is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.3% and its worst peak-to-trough fall in our sample was -2.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.89 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Nippon India Fixed Maturity Plan - XLIII - Series 5's 0.89 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Nippon India Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5 is benchmarked against the CRISIL Medium to Long Duration Debt A - III Index. Its alpha and beta on this page are measured against that index.

Who manages Nippon India Fixed Maturity Plan - XLIII - Series 5?

Nippon India Fixed Maturity Plan - XLIII - Series 5 is managed by Vikash Agarwal at Nippon India.

How is Nippon India Fixed Maturity Plan - XLIII - Series 5 taxed?

Nippon India Fixed Maturity Plan - XLIII - Series 5 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.