Stocks
Mutual Funds
ETFs
Pro Tools
Terminal
WealthView
Pricing
Learn More
mutual funds
nippon india fixed maturity plan xliv series 1 directgrowth
ℹ️ Transactions are not allowed in non Equity schemes beyond their ActualClose date
Nippon India Mutual Fund

Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth

Debt: Fixed Maturity - Growth (Close ended)
Risk levelCategoryBenchmark
Copyright © 2026 sharpely. All rights reserved.
Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Fixed MaturityBenchmark: NIFTY Medium to Long Duration Debt Index A-IIICheck Portfolio Overlap →
NAV: ₹13.42+0.06%
07 Sept 2026
1 Week returns: 0.13 %
Category rank: 17/31
1 Month returns: 0.46 %
Category rank: 4/31
1 Year CAGR: 6.17 %
Category rank: 6/31
3 Years CAGR: 7.65 %
Category rank: 9/31
5 Years CAGR: -
Category rank: -
52 week high/low
₹12.61
₹13.42
AUM
80.93
Expense Ratio
0.17
Inception
1663718.00
Credit Risk
-
IR Risk
-
YTM
7.45
Duration
3.33
Maturity
3.82
Return 1M
0.46
Return 1Y
6.17
Return 3Y
7.65
Return 5Y
-

Key Talking Points

Important talking points about the scheme's performance, expense ratio and other factors — grouped by positive, negative, and neutral stance.
Positive
High performance consistency

The scheme was a top-quartile (25%) performer in 9.0 out of last 12 quarters

This is measured as the number of quarters, in the last 12 quarters, that the scheme was in the top quartile (25th percentile). Higher number implies that scheme has been a consistent performer

What is Consistency (quarterly)?

Relatively low expense ratio

Expense ratio of the scheme (0.17%) is lower than average expense ratio of the category (0.2%), excluding index funds and ETFs

This measures the relative expense of the scheme with respect to average expense ratio of the category. Investors should always prefer schemes with lower expense, everything else remaining the same

What is Expense ratio?

Negative
Relatively high volatility

Volatility of scheme returns is significantly higher than average volatility of the category

This measures the volatility of monthly returns of the scheme (in the last 3 years) with respect to average volatility of the category. Higher number implies that scheme has been riskier that average category risk

What is Volatility (3Y)?

Neutral
3-year performance has been average

3-year CAGR of 7.65% is between 25th and 75th percentile in its category - Debt: Fixed Maturity

This is measured by percentile rank of the scheme in its category based on 3-year CAGR. Lower rank implies that scheme was a relative outperformer in its category

What is CAGR (3Y)?

Scheme Overview

The scheme seeks to generate returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and Other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.

Scheme Category Overview →

Plan Variants

Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-IDCW
Plan
IDCW
Payout
Irregular

Fund Managers

Vikash Agarwal
Since: 14 Sep 2024
View details
Education
Mr. Agarwal is a B.Com., CA, CFA
Past Experience
Prior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro Ltd.
Funds managed (13)
1.Nippon India Floating Interest Rates Fund14 Sep 2024 – Present
2.Nippon India Liquid Fund14 Sep 2024 – Present
3.Nippon India Money Market Fund14 Sep 2024 – Present
4.Nippon India Arbitrage Fund14 Sep 2024 – Present
5.Nippon India Quarterly Interval Series II Direct14 Sep 2024 – Present
6.Nippon India Overnight Fund10 Apr 2025 – Present
7.Nippon India Fixed Maturity Plan XLIII - Series 514 Sep 2024 – Present
8.Nippon India Fixed Maturity Plan XLIV - Series 114 Sep 2024 – Present
9.Nippon India Fixed Maturity Plan XLV - Series 514 Sep 2024 – Present
10.Nippon India Income Plus Arbitrage Active FoF4 Jul 2025 – Present
11.Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund23 Feb 2026 – Present
12.Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund5 Mar 2026 – Present
13.Nippon India Income Plus Arbitrage Omni FoF17 Aug 2026 – Present

Key Scheme Details

Inception
20 Sep 2022
Expense Ratio
0.17%
AUM
₹80.93 Cr
Lock in
No lock in
Taxation
Debt
Min. Investment
₹5,000
Min. Addl Investment
-
Min. SIP Investment
-
Exit load
-

AMC Overview

Nippon India Mutual Fund background and AUM insights, category-wise distribution and historical AUM growth.

AUM Analysis

AUM distribution as on date:
Jul 31, 2026
Total AUM: ₹ 7,78,923 Cr
Equity
₹ 4,89,793 Cr
Debt
₹ 1,56,555 Cr
Commodities
₹ 82,841 Cr
Hybrid
₹ 49,735 Cr
May 31, 2021Dec 31, 2021Jan 31, 2022Feb 28, 2022Mar 31, 2022Apr 30, 2022May 31, 2022Aug 31, 2022Sep 30, 2022Oct 31, 2022Nov 30, 2022Dec 31, 2022Jan 31, 2023Feb 28, 2023Mar 31, 2023Apr 30, 2023May 31, 2023Jun 30, 2023Jul 31, 2023Aug 31, 2023Sep 30, 2023Oct 31, 2023Nov 30, 2023Dec 31, 2023Jan 31, 2024Feb 29, 2024Mar 31, 2024Apr 30, 2024May 31, 2024Jun 30, 2024Jul 31, 2024Aug 31, 2024Sep 30, 2024Oct 31, 2024Nov 30, 2024Dec 31, 2024Jan 31, 2025Feb 28, 2025Mar 31, 2025Apr 30, 2025May 31, 2025Jun 30, 2025Jul 31, 2025Aug 31, 2025Sep 30, 2025Oct 31, 2025Nov 30, 2025Dec 31, 2025Jan 31, 2026Feb 28, 2026Mar 31, 2026Apr 30, 2026May 31, 2026Jun 30, 2026Jul 31, 2026
equity1,12,753 Cr1,34,321 Cr1,37,527 Cr1,32,654 Cr1,39,721 Cr1,40,783 Cr1,36,328 Cr1,51,171 Cr1,49,161 Cr1,55,893 Cr1,59,325 Cr1,55,086 Cr1,54,075 Cr1,53,558 Cr1,55,360 Cr1,62,785 Cr1,70,440 Cr1,80,095 Cr1,91,192 Cr1,97,990 Cr2,07,780 Cr2,07,120 Cr2,25,967 Cr2,46,921 Cr2,59,448 Cr2,69,399 Cr2,76,608 Cr2,96,402 Cr3,07,896 Cr3,34,088 Cr3,56,307 Cr3,63,797 Cr3,73,859 Cr3,62,901 Cr3,69,691 Cr3,69,300 Cr3,59,439 Cr3,35,579 Cr3,69,359 Cr3,85,310 Cr4,04,923 Cr4,20,956 Cr4,15,405 Cr4,13,372 Cr4,22,796 Cr4,39,781 Cr4,45,333 Cr4,46,346 Cr4,37,334 Cr4,46,774 Cr4,09,670 Cr4,61,854 Cr4,66,389 Cr4,80,375 Cr4,89,793 Cr
hybrid21,776 Cr22,899 Cr23,150 Cr22,726 Cr21,820 Cr22,318 Cr22,378 Cr21,207 Cr20,880 Cr20,999 Cr20,284 Cr20,849 Cr20,959 Cr20,869 Cr19,780 Cr20,356 Cr21,055 Cr21,625 Cr22,502 Cr23,056 Cr24,051 Cr24,333 Cr25,613 Cr26,504 Cr27,917 Cr28,998 Cr29,346 Cr30,782 Cr31,508 Cr32,187 Cr33,474 Cr34,253 Cr34,215 Cr34,009 Cr34,538 Cr33,965 Cr33,890 Cr33,035 Cr33,238 Cr34,294 Cr35,342 Cr36,498 Cr37,140 Cr37,497 Cr38,599 Cr40,276 Cr41,760 Cr42,882 Cr44,541 Cr45,727 Cr43,579 Cr46,594 Cr47,225 Cr48,395 Cr49,735 Cr
debt1,00,495 Cr1,14,353 Cr1,17,462 Cr1,17,500 Cr1,09,504 Cr1,14,539 Cr1,11,559 Cr1,08,778 Cr1,01,166 Cr1,05,199 Cr1,07,925 Cr1,02,896 Cr1,06,228 Cr1,04,325 Cr1,02,268 Cr1,10,590 Cr1,14,996 Cr1,15,079 Cr1,25,439 Cr1,22,171 Cr1,14,293 Cr1,18,104 Cr1,19,939 Cr1,13,551 Cr1,25,584 Cr1,31,664 Cr1,18,170 Cr1,30,365 Cr1,36,863 Cr1,32,569 Cr1,42,299 Cr1,43,396 Cr1,35,191 Cr1,45,737 Cr1,47,811 Cr1,37,227 Cr1,40,009 Cr1,43,068 Cr1,31,707 Cr1,49,840 Cr1,53,584 Cr1,57,114 Cr1,61,919 Cr1,60,287 Cr1,53,254 Cr1,64,221 Cr1,67,835 Cr1,53,349 Cr1,49,339 Cr1,55,741 Cr1,34,780 Cr1,54,596 Cr1,45,276 Cr1,45,701 Cr1,56,555 Cr
commodities6,081 Cr6,343 Cr6,217 Cr6,848 Cr7,089 Cr7,134 Cr7,094 Cr6,944 Cr7,052 Cr7,051 Cr7,374 Cr7,767 Cr8,013 Cr7,821 Cr8,414 Cr8,558 Cr8,637 Cr8,369 Cr8,625 Cr8,807 Cr8,682 Cr9,734 Cr9,903 Cr9,898 Cr10,164 Cr10,447 Cr11,434 Cr12,810 Cr13,764 Cr14,315 Cr14,802 Cr16,774 Cr18,202 Cr20,324 Cr20,400 Cr20,503 Cr22,822 Cr24,483 Cr25,915 Cr27,060 Cr27,471 Cr29,658 Cr31,454 Cr34,684 Cr44,607 Cr50,131 Cr54,854 Cr68,845 Cr1,03,499 Cr93,532 Cr84,803 Cr86,666 Cr89,692 Cr82,729 Cr82,841 Cr
Total2,41,104 Cr2,77,915 Cr2,84,356 Cr2,79,728 Cr2,78,134 Cr2,84,775 Cr2,77,359 Cr2,88,100 Cr2,78,259 Cr2,89,142 Cr2,94,908 Cr2,86,598 Cr2,89,275 Cr2,86,573 Cr2,85,822 Cr3,02,289 Cr3,15,129 Cr3,25,167 Cr3,47,758 Cr3,52,024 Cr3,54,807 Cr3,59,291 Cr3,81,422 Cr3,96,875 Cr4,23,112 Cr4,40,507 Cr4,35,559 Cr4,70,360 Cr4,90,031 Cr5,13,160 Cr5,46,882 Cr5,58,221 Cr5,61,467 Cr5,62,971 Cr5,72,440 Cr5,60,996 Cr5,56,161 Cr5,36,166 Cr5,60,219 Cr5,96,505 Cr6,21,320 Cr6,44,226 Cr6,45,918 Cr6,45,840 Cr6,59,256 Cr6,94,410 Cr7,09,782 Cr7,11,423 Cr7,34,712 Cr7,41,774 Cr6,72,832 Cr7,49,710 Cr7,48,581 Cr7,57,200 Cr7,78,923 Cr

AMC Details

AMC
Nippon India Mutual Fund
CEO
Sundeep Sikka(Chief Executive Officer)
CIO
Sailesh Raj Bhan(Chief Investment Officer-Equity), Amit Tripathi(Chief Investment Officer-Debt)
IRO
Milind Nesarikar
Trustee
Nippon Life India Trustee Limited
Address
30th Floor, One Lodha Place, Senapati Bapat Marg, Lower Parel, Mumbai, Mumbai

Frequently Asked Questions

What is the current NAV of Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth?
The current NAV of Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth is ₹13.42 as of 6 Sep 2026. The NAV of a mutual fund reflects the per-unit market value of the fund's holdings and is updated at the end of every trading day.
What is the AUM of Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth?
The AUM (Assets Under Management) of Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth is ₹80.93 crore. AUM represents the total market value of assets the fund currently manages on behalf of its investors.
What is the expense ratio of Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth?
The expense ratio of Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth is 0.17% per annum. This is the annual fee charged by the fund house to manage your investment. A lower expense ratio means more of your returns stay with you — which is one reason direct plans have a lower expense ratio than regular plans.
Who is the fund manager of Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth?
Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth is managed by Vikash Agarwal. You can check the full list of fund managers in the "Fund Manager" section above.
What is the benchmark of Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth?
The benchmark of Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth is NIFTY Medium to Long Duration Debt Index A-III. This is the index against which the fund's performance is measured. Consistently beating the benchmark over long periods is a key indicator of a fund manager's skill.
When was Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth launched?
Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth was launched on 20 Sep 2022. The fund has been in existence for 3 years. A longer track record gives investors more data to evaluate how the fund has performed across different market cycles.
What is the minimum investment in Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth?
The minimum investment in Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth is ₹5,000 for a lump sum and - per month for a SIP (Systematic Investment Plan). SIPs allow you to invest a fixed amount regularly, making it easier to build wealth over time without needing a large upfront amount.
What is the exit load on Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth?
The exit load on Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth is shown in the Scheme Overview section above. Exit load is charged to discourage early withdrawals and protect long-term investors in the fund.
What category does Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth belong to?
Nippon India Fixed Maturity Plan XLIV - Series 1 Direct-Growth belongs to the Debt: Fixed Maturity category. You can view other funds in this category.