{"id":247629,"date":"2026-09-16T07:59:05","date_gmt":"2026-09-16T02:29:05","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T07:59:05","modified_gmt":"2026-09-16T02:29:05","slug":"nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/","title":{"rendered":"Nippon India Nivesh Lakshya Long Term Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-nivesh-lakshya-long-term-fund-g-direct-plan\">Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan<\/a> had a NAV of \u20b918.5401 as of 15 September 2026 and managed assets of \u20b96,111 Cr. Its 1-year, 3-year and 5-year returns are 2.7%, 6.32% and 5.75% respectively, with a Medium Risk label. Our view is that it suits investors who want a debt-oriented allocation with relatively steady long-term compounding rather than sharp short-term gains.<\/p>\n<p>The fund\u2019s return pattern has been uneven in the short run, but the 3-year and 5-year figures still sit in a modest positive range. With government securities making up almost the entire disclosed portfolio, the fund\u2019s behaviour is likely to stay sensitive to interest-rate moves, while remaining more conservative than many equity-led options.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Nippon_India_Nivesh_Lakshya_Long_Term\" title=\"Should you BUY or HOLD Nippon India Nivesh Lakshya Long Term?\">Should you BUY or HOLD Nippon India Nivesh Lakshya Long Term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Nippon_India_Nivesh_Lakshya_Long_Term_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan?\">What is the current NAV of Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#How_has_the_fund_performed_versus_the_benchmark\" title=\"How has the fund performed versus the benchmark?\">How has the fund performed versus the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_the_peer_funds_listed_here\" title=\"How does the fund compare with the peer funds listed here?\">How does the fund compare with the peer funds listed here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#What_is_the_exit_load_and_tax_treatment\" title=\"What is the exit load and tax treatment?\">What is the exit load and tax treatment?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Who_manages_the_fund\" title=\"Who manages the fund?\">Who manages the fund?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-nivesh-lakshya-long-term-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b918.5401 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b96,111 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.33%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>06 Jul 2018<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>1% on or before 1M, Nil after 1M<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Pranay Sinha, Kinjal Desai<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Pranay Sinha and Kinjal Desai.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-2.14%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.68%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>2.7%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>6.32%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>5.75%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is better read as resilience than momentum. Over 1 month, the fund was negative, but it still held up better than the benchmark, which fell more sharply. The 3-month figure turned positive for the fund while the benchmark stayed negative, so the gap in short-term behaviour is clear.<\/p>\n<p>The 1-year number adds the same message. The fund stayed positive at 2.7% while the benchmark was down 8.27%, which suggests the strategy has handled a difficult market backdrop better than the broad index. That does not make the path smooth; it only shows that downside cushioning has been stronger over the most recent year.<\/p>\n<p>The longer view is steadier. The 3-year return of 6.32% is only slightly above the benchmark\u2019s 5.59%, and the 5-year return of 5.75% is also close to the benchmark\u2019s 5.58%. So the fund\u2019s edge is not dramatic over full cycles, but it has still kept pace with, and in recent periods stayed ahead of, the benchmark\u2019s returns.<\/p>\n<p>For investors, that mix matters. We see a fund that has not delivered aggressive upside, yet it has avoided the benchmark\u2019s weaker stretches more effectively in the near term. That makes it more useful for patience and steadier expectations than for chasing a sharp short-term recovery.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Nippon_India_Nivesh_Lakshya_Long_Term\"><\/span>Should you BUY or HOLD Nippon India Nivesh Lakshya Long Term?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Nippon India Nivesh Lakshya Long Term? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-nivesh-lakshya-long-term-fund-g-direct-plan\">Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan<\/a><\/td>\n<td>2.7%<\/td>\n<td>6.32%<\/td>\n<td>5.75%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-long-term-fund-g-direct-plan\">Franklin India Long Term Fund Direct Growth Plan<\/a><\/td>\n<td>4.96%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-long-term-fund-g-direct-plan\">Bandhan Long Term Fund Direct Growth Plan<\/a><\/td>\n<td>4.3%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-long-term-fund-g-direct-plan\">Aditya Birla SL Long Term Fund Direct Growth Plan<\/a><\/td>\n<td>3.64%<\/td>\n<td>6.68%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-long-term-fund-g-direct-plan\">ICICI Pru Long Term Fund Direct Growth Plan<\/a><\/td>\n<td>3.16%<\/td>\n<td>6.6%<\/td>\n<td>5.41%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-long-term-fund-g-direct-plan\">Kotak Long Term Fund Direct Growth Plan<\/a><\/td>\n<td>2.78%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On 1-year performance, the fund trails Franklin India Long Term Fund Direct Growth Plan and Bandhan Long Term Fund Direct Growth Plan, and it also sits below Aditya Birla SL Long Term Fund Direct Growth Plan and ICICI Pru Long Term Fund Direct Growth Plan. That means the recent run has been decent, but not the strongest among the listed peers.<\/p>\n<p>The picture changes a bit over longer horizons. Its 3-year return is ahead of ICICI Pru Long Term Fund Direct Growth Plan and is close to the peer figures that are available, while the 5-year return is also reasonably aligned with ICICI Pru Long Term Fund Direct Growth Plan. The short-term comparison therefore looks softer than the medium-term one.<\/p>\n<p>We think the key takeaway is consistency rather than leadership. The fund has not matched the stronger 1-year returns shown by a few peers, but its 3-year and 5-year figures remain competitive within the set where data is available.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>6.62% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>20.77%<\/td>\n<\/tr>\n<tr>\n<td>8.13% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>17.42%<\/td>\n<\/tr>\n<tr>\n<td>6.99% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>16.61%<\/td>\n<\/tr>\n<tr>\n<td>7.06% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>12.62%<\/td>\n<\/tr>\n<tr>\n<td>9.23% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>9.26%<\/td>\n<\/tr>\n<tr>\n<td>6.67% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>8.88%<\/td>\n<\/tr>\n<tr>\n<td>8.17% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>7.4%<\/td>\n<\/tr>\n<tr>\n<td>Net Current Assets<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>2.78%<\/td>\n<\/tr>\n<tr>\n<td>7.16% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>1.44%<\/td>\n<\/tr>\n<tr>\n<td>6.68% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>1.03%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest disclosed holding is 6.62% Government of India at 20.77%, which is large enough to matter for the fund\u2019s interest-rate sensitivity and price movement. The next few positions are also sizable, with 17.42%, 16.61% and 12.62% adding a lot of weight near the top of the portfolio.<\/p>\n<p>The drop from the largest position to the tenth holding is steep, but not a complete collapse in exposure. Even the lower end of the table still includes government securities, which suggests the portfolio is built around one clear bond-heavy theme rather than around a wide mix of unrelated assets.<\/p>\n<p>The top 10 disclosed holdings account for approximately 98.21% of the portfolio, and there are 10 disclosed holdings in total. That tells us the portfolio is highly concentrated in the listed positions, with only a small residual share left outside the top names. For investors, that may mean the fund\u2019s outcome is likely to be shaped mainly by movements in sovereign debt yields rather than by security selection across many unrelated issuers.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may suit investors with a moderate risk tolerance who are comfortable with a debt-oriented strategy that still carries market-linked movement. The Medium Risk label and the government-securities-heavy portfolio point to a style that is steadier than equity funds, but not immune to valuation changes.<\/p>\n<p>A longer horizon makes more sense than a short one because the 3-year and 5-year returns are more informative than the weak 1-month patch. The main trade-off is that the fund has offered protection better than the benchmark in recent periods, but it has not shown standout upside over longer cycles. Investors who want a measured return path and can accept some rate sensitivity may find that trade-off reasonable.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load<\/strong><\/p>\n<ul>\n<li>1% if units are sold within 1 month.<\/li>\n<li>No exit load after 1 month.<\/li>\n<\/ul>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Nippon_India_Nivesh_Lakshya_Long_Term_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b918.5401 as of 15 September 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year return is 2.7%, its 3-year return is 6.32% and its 5-year return is 5.75%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_versus_the_benchmark\"><\/span>How has the fund performed versus the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has done better than the benchmark in recent periods. The benchmark\u2019s 1-year return is -8.27% versus the fund\u2019s 2.7%, while the 3-year and 5-year figures are also slightly stronger for the fund.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_peer_funds_listed_here\"><\/span>How does the fund compare with the peer funds listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return is below Franklin India Long Term Fund Direct Growth Plan and Bandhan Long Term Fund Direct Growth Plan, but its 3-year and 5-year figures remain broadly competitive with the peers where those periods are available.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_exit_load_and_tax_treatment\"><\/span>What is the exit load and tax treatment?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The exit load is 1% if units are sold within 1 month, and there is no exit load after 1 month. Units held for less than 1 year attract 20% short-term capital gains tax, while units held for more than 1 year attract 12.5% long-term capital gains tax.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund\"><\/span>Who manages the fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Pranay Sinha and Kinjal Desai.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund has a mixed but understandable profile: recent returns have been stronger than the benchmark, while the 3-year and 5-year figures show only modest long-term outperformance. Against the peer set, the 1-year result looks softer than several names, but the longer-term numbers stay competitive where available. The portfolio is heavily tilted to government securities, so interest-rate movements are likely to remain an important driver. Overall, it looks better suited to investors seeking a relatively conservative debt fund with measured return expectations than to those chasing a sharp short-term payoff.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 7:58 AM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan\",\"identifier\":\"nippon-india-nivesh-lakshya-long-term-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"06 Jul 2018\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":18.5401,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"6111 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.33\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":2.7},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":6.32},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":5.75},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Pranay Sinha, Kinjal Desai\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b918.5401 as of 15 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is 2.7%, its 3-year return is 6.32% and its 5-year return is 5.75%.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has done better than the benchmark in recent periods. The benchmark\u2019s 1-year return is -8.27% versus the fund\u2019s 2.7%, while the 3-year and 5-year figures are also slightly stronger for the fund.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is below Franklin India Long Term Fund Direct Growth Plan and Bandhan Long Term Fund Direct Growth Plan, but its 3-year and 5-year figures remain broadly competitive with the peers where those periods are available.\"}},{\"@type\":\"Question\",\"name\":\"What is the exit load and tax treatment?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The exit load is 1% if units are sold within 1 month, and there is no exit load after 1 month. Units held for less than 1 year attract 20% short-term capital gains tax, while units held for more than 1 year attract 12.5% long-term capital gains tax.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Pranay Sinha and Kinjal Desai.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan had a NAV of \u20b918.5401 as of 15 September 2026, with 1Y\/3Y\/5Y returns of 2.7%, 6.32% and 5.75%.<\/p>\n","protected":false},"author":38,"featured_media":247627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-247629","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["247627"],"rank_math_title":["Nippon India Nivesh Lakshya Fund Review 2026"],"rank_math_description":["Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan NAV \u20b918.5401; 1Y return 2.7%, 3Y 6.32%, 5Y 5.75%."],"rank_math_focus_keyword":["Nippon India Nivesh Lakshya Long Term Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Nippon_India_Nivesh_Lakshya_Long_Term_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=247629"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/247629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/247627"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=247629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=247629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=247629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}