Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G)

Scheme Introduction:

Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G) is an open-ended target maturity fund (typically structured as an index fund/ETF style debt fund) designed for investors who want a clearer “maturity date” approach in debt investing. Target maturity funds invest in a defined basket of bonds (often government securities, State Development Loans (SDLs), and/or PSU/corporate bonds) that mature around a stated year, and the portfolio generally rolls down towards that maturity. The idea is to reduce uncertainty around holding-period outcomes, but interest-rate and spread movement can still impact NAV before maturity

 

As of 1 Feb 2026, Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G) manages 882 in assets, has a Yield to Maturity (YTM) of 7, and a Modified Duration of 2555.

 

In simple terms: YTM indicates the portfolio’s current income potential, while modified duration shows how sensitive the fund is to interest-rate changes (lower is typically more stable for short-term parking). In target maturity funds, duration generally declines as the fund approaches maturity, which can gradually reduce volatility.

Investment Objective:

The investment objective of Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G) is to generate returns that are broadly in line with its underlying target maturity strategy by investing in a defined set of debt securities that mature around the target year, in line with target maturity fund norms. Investors can typically invest and redeem on business days (subject to scheme cut-off timings and applicable exit load).

 

The current NAV of the scheme is ₹12.95 as on 12 Mar 2026, and the risk level is Moderate.

Key Scheme Metrics:

Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G) was launched on 19 Dec 2022 and is benchmarked against Nifty G-Sec Jun 2036 Index. The scheme is managed by Vivek Sharma who has been managing the fund since 29 Nov 2022 and the fund is also managed by . The exit load of the fund is Nil.

Asset Type Allocation:

Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G) invests across short-term instruments to balance liquidity and yield. As of 31 Jan 2026, the portfolio is allocated to Government Securities (98%).

 

A quick way to read this: target maturity funds are usually designed to hold bonds until maturity, so the portfolio mix reflects the index/mandate and the target maturity timeline.

Rating Allocation:

Credit quality matters even in Target Maturity funds because they can take exposure across a wider set of issuers and maturities (up to 1 year). The fund’s portfolio is allocated 98% to SOV.

 

In plain language: higher exposure to sovereign/AAA generally improves credit comfort. For target maturity funds, credit risk can still matter even if the holding intent is till maturity.

Top 5 holdings:

The top 5 holdings of the fund are 7.54% Government of India (82.9%), 6.67% Government of India (11.7%), 6.48% Government of India (2.8%), 7.4% Government of India (0.2%)

 

In target maturity funds, the holdings are typically the constituents of the underlying target maturity index, and they tend to be held until they roll down toward maturity.

Top Sector Allocation:

Sector	Allocation (%)
"G-Sec	98%
Other	2%
Miscellaneous	1%
Cash and Cash Equivalents	0%

 

It is normal for target maturity funds to show meaningful exposure to government/SDL/PSU segments, depending on the chosen target maturity index.

Performance:

Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G)’s recent annualized returns are 7.0% (1 Year), 8.7% (3 Years) and % (5 years). Over 1 year, it has delivered 7.0% annualized returns. These returns are as of 13 Mar 2026

 

Against the full Target Maturity fund peer set, the scheme is ranked 58/93 over 1 year, 1/70 over 3 years, / over 5 years period.

 

One simple way to interpret rankings: target maturity funds can show differences across peers because target years, duration profiles, and index composition can vary. Peer ranking is generally more meaningful when you compare funds with similar target maturity years.

How much money would you have made:

If you had invested ₹1,00,000 in Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G) then you would have got:

SIP Invested ₹1,00,000

Duration	Annualized Returns (%)	Current Total Value	Current Total Profit
1 Year	7.0%	₹107000.00	₹7000.00
3 Year	8.7%	₹108700.00	₹8700.00
5 Year	%	₹	₹

Note: These are historical returns and they may not repeat in the future.

Also note for very short holding periods, exit load can impact realized returns. Always check exit load before investing in any fund. Data updated as of 13 Mar 2026

Debt quants:

The Potential Risk Class (PRC) matrix of Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G) is A-III which means that the fund has Relatively high interest rate risk and relatively low credit risk.

Who should invest in Target Maturity Funds?

It may suit investors who want to:

• Invest with a defined holding horizon aligned to the target maturity year.
• Prefer a debt strategy that can offer better visibility if held closer to maturity, while accepting interim NAV movement
• Seek a structured alternative to actively managed duration calls, especially for goal-based debt allocation
• Prefer exposure to a relatively high-quality bond basket (depending on the index: G-Sec/SDL/PSU/AAA mix).

Benefits of investing in Target Maturity Funds:

It offers a few practical benefits: a defined maturity approach, diversification across a pre-defined bond basket, transparency through index-based construction, easy entry/exit (subject to cut-offs and exit load, if any), and the potential for more predictable outcomes when held closer to maturity. It can be useful for goal-based investing where the goal date matches the target maturity year.

Things to consider before investing in Target Maturity Funds:

Target maturity funds are not risk-free. Key things to watch are credit quality (ratings mix), the target maturity year alignment, interest-rate risk (modified duration), liquidity and tracking difference (for index-based structures), and exit load/cut-off rules. NAV can move before maturity due to rate changes, so the strategy tends to work best when you invest with a horizon aligned to the stated maturity.

Taxation of Target Maturity Funds:

For Target Maturity funds, taxation depends heavily on when you bought your units. Units acquired on or after 1 April 2023 are generally taxed as short-term capital gains at your slab rate and there are no long-term capital gain and loss benefits.

 

For units acquired before 1 April 2023, taxation follows the older capital-gains framework based on holding period and the date of sale.

 

Note that regulatory/tax updates over time can change how long-term treatment works.

Conclusion

Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund-Reg(G) is positioned as a goal-aligned debt option that aims to deliver reasonable returns through a defined bond basket maturing around target year, where outcomes can be more predictable if held closer to maturity.

 

A simple way to track whether it is doing its job is to follow three live indicators: credit quality, alignment to the target maturity year, and monthly movement in YTM and modified duration. Among these, credit quality should always come first because protecting capital matters more than chasing marginally higher returns; focus on the sovereign/AAA mix (based on the index), issuer concentration, and any meaningful shifts in the credit profile, and use returns/ranks mainly as a supporting check.