Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Nippon India Nifty SDL Plus G-Sec – Jun 2029 Maturity 70:30 Index Fund Direct Growth Plan currently has a NAV of ₹12.9928 as of 17 Sep 2026 and an AUM of ₹323 Cr. Its 1-year, 3-year and 5-year returns are 5.38%, 7.44% and 0%, and the risk category is Balanced Risk.

Our view is that this is a steady, income-oriented index fund with a defined maturity profile and a government securities tilt. The recent return profile is modest versus the benchmark, while the longer lookback is more stable, so it may suit investors who want measured exposure rather than fast growth.

Quick facts

Particular	Details
NAV	₹12.9928 as of 17 Sep 2026
AUM	₹323 Cr
Expense Ratio	0.2%
Launch Date	20 Feb 2023
Min SIP	₹100
Risk Category	Balanced Risk
Benchmark	Nifty 50
Fund Category	Index Funds
Exit Load	No exit load
Fund Managers	Vivek Sharma

The fund is managed by Vivek Sharma.

Source data date: as of 17 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	-0.12%	-3.66%
3M	0.87%	-3.71%
1Y	5.38%	-7.13%
3Y	7.44%	5.82%
5Y	Data not available	Data not available

The recent pattern is more resilient than the benchmark. Over 1 month, 3 months and 1 year, the fund stayed near positive territory while the benchmark remained negative on all three points, which tells us the scheme has handled the recent period better than the broad comparison index.

The longer picture is still constructive, but not strongly aggressive. The 3-year return of 7.44% is ahead of the benchmark’s 5.82%, which suggests the fund has compounded more steadily over that window. That said, the spread is not large, so our reading is that the fund is delivering a measured lead rather than a decisive outperformance.

The 1-year track is somewhat stronger than the 3-year track, but not dramatically so, which means the recent year has been a continuation of a calm upward pattern rather than a sharp acceleration. For a debt-oriented index strategy, that kind of behaviour is often more useful than visible spikes, because it points to relative stability across changing market conditions.

There is no 5-year figure because the scheme does not yet have that history. For a fund launched in 2023, the available record is enough to judge short and medium-term behaviour, but not enough to stretch the analysis into a full cycle.

Source data date: as of 17 Sep 2026

Should you BUY or HOLD Nippon India Nifty SDL Plus G-Sec – Jun 2029 Maturity 70:30 Index?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

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.

Already holding Nippon India Nifty SDL Plus G-Sec – Jun 2029 Maturity 70:30 Index? Thinking of investing now?

Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium

Peer comparison

Fund	1Y return	3Y return	5Y return
Nippon India Nifty SDL Plus G-Sec – Jun 2029 Maturity 70:30 Index Fund Direct Growth Plan	5.38%	7.44%	Data not available
ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan	29.31%	30.01%	Data not available
Tata Nifty Capital Markets Index Fund Direct Growth Plan	21.45%	Data not available	Data not available
Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan	21.13%	Data not available	Data not available
Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan	20.68%	Data not available	Data not available
ICICI Pru Nifty Pharma Index Fund Direct Growth Plan	17.57%	18.84%	Data not available

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

On the available one-year numbers, the fund trails the peer group that is shown here, especially the equity-oriented index funds with much stronger recent gains. That gap is not surprising, because this scheme is designed around government securities and maturity-linked exposure rather than equity momentum.

The 3-year comparison is more balanced. The fund’s 7.44% return is above the two peer rows where 3-year figures are available besides its own benchmark context, but it remains well below the stronger equity-linked peers that have longer histories. So the short-term story and the medium-term story are different: relative to peers, the fund looks steadier than exciting.

Source data date: as of 17 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
7.1% Government of India	Government Securities	25.18%
8.32% State Government Securities	Government Securities	23.04%
7.18% State Government Securities	Government Securities	6.74%
7.61% State Government Securities	Government Securities	6.28%
8.36% State Government Securities	Government Securities	4.77%
8.37% State Government Securities	Government Securities	3.83%
8.35% State Government Securities	Government Securities	3.63%
8.43% State Government Securities	Government Securities	3.19%
8.28% State Government Securities	Government Securities	2.67%
7.59% Government of India	Government Securities	2.22%

The top 10 holdings account for approximately 81.55% of the portfolio.

To see all holdings, visit the Nippon India Nifty SDL Plus G-Sec – Jun 2029 Maturity 70:30 Index Fund Direct Growth Plan page

The largest holding at 25.18% is a meaningful anchor, and the next position at 23.04% is also substantial. Together, they suggest that a limited set of government securities is likely to have the greatest influence on the portfolio’s day-to-day behaviour.

After the first two positions, the weights step down quite quickly into the mid-single digits and then lower. That pattern indicates that influence becomes thinner as you move down the list, so the tenth holding at 2.22% is far smaller than the top two and materially less important on its own.

At 81.55% across the top 10 holdings, the portfolio is quite concentrated in the disclosed core, even though 21 holdings are shown in total. That mix may suit investors who prefer clarity and a relatively narrow government-securities structure, but it also means the portfolio’s outcome could be shaped more by a few large positions than by a broad spread of smaller ones.

Source data date: as of 17 Sep 2026

Who should invest

This fund is better aligned with investors who can accept Balanced Risk and who are comfortable with a debt-led, maturity-focused structure. The return pattern points to steadier performance over 1 year and 3 years than the benchmark, but not to strong upside in the way equity funds can sometimes deliver.

A medium-term horizon makes more sense than a very short one, because the scheme’s setup is designed for investors who value relative stability and a clearer government-securities exposure. The main trade-off is simple: the portfolio may offer calmer behaviour than a growth-heavy fund, but that usually comes with a more restrained return profile.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

No exit load applies if units are sold at any time.

Source data date: as of 17 Sep 2026

Frequently asked questions

What is the current NAV of this fund?

The current NAV is ₹12.9928 as of 17 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?

The 1-year return is 5.38% and the 3-year return is 7.44%. A 5-year return is not available because the fund does not yet have that history.

How has the fund performed against its benchmark?

It has done better than the benchmark over 1 month, 3 months and 1 year. Over 3 years, the fund’s 7.44% return is also ahead of the benchmark’s 5.82%.

How does it compare with the peer funds shown here?

Its 1-year return is below the equity-oriented peer funds shown here, while its 3-year return is competitive against the peer rows where 3-year figures are available. The comparison points to a steadier profile rather than a high-growth one.

Is there a minimum SIP amount?

The minimum SIP amount is ₹100.

Who manages the fund and what is the exit load?

The fund is managed by Vivek Sharma. There is no exit load if units are sold at any time.

Bottom line

This fund’s recent performance is more restrained than the stronger equity-linked peer funds, but its 3-year record is steadier and it has stayed ahead of the benchmark over the periods shown. The portfolio is built around government securities, with a heavy concentration in the top holdings, so the return path should be read as measured rather than aggressive. It may fit investors who want a balanced-risk, maturity-linked allocation and who are comfortable with a more modest upside profile in exchange for a more controlled structure.

Published on 18 September 2026 at 11:41 AM IST

Explore mutual funds with Univest

Review mutual fund data, compare performance and explore fund insights on Univest.

Explore Univest

RIA disclosure

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.