Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund vs UTI 10 year Constant Maturity Gilt Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund is a mutual fund and UTI 10 year Constant Maturity Gilt Fund is a Gilt fund. In the 3 years to 30-10-2026, Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct) returned 7.2% a year and UTI 10 year Constant Maturity Gilt Fund (Direct) returned 6.5% a year. Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund charges 0.20% a year and UTI 10 year Constant Maturity Gilt Fund 0.33% (Direct plans). Their portfolios overlap 14.8%: they hold 2 of the same securities.
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund
- 3 year return
- 7.2%
- Expense ratio
- 0.20%
- NAV
- ₹12.99
UTI 10 year Constant Maturity Gilt Fund
Gilt
- 3 year return
- 6.5%
- Expense ratio
- 0.33%
- NAV
- ₹13.10
Which is better, Nippon India Nifty G-Sec Jun 2036 Maturity Index or UTI 10 year Constant Maturity Gilt? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Nifty G-Sec Jun 2036 Maturity Index returned more over 3 years: 7.2% a year against 6.5%.
- Nippon India Nifty G-Sec Jun 2036 Maturity Index returned more over 1 year: 2.2% against 1.4%.
- Nippon India Nifty G-Sec Jun 2036 Maturity Index costs less: 0.20% a year against 0.33% (Direct plans).
- UTI 10 year Constant Maturity Gilt swung less over 3 years: a standard deviation of 2.7% a year against 3.0%.
- UTI 10 year Constant Maturity Gilt fell less in its worst fall since 20-12-2022: −3.3% against −3.5%.
- Nippon India Nifty G-Sec Jun 2036 Maturity Index is the larger fund: ₹689 Cr against ₹105 Cr.
- Their portfolios overlap 14.8%: 2 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund | UTI 10 year Constant Maturity Gilt Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | UTI Mutual Fund |
| Category | Not available | Gilt |
| AUM | ₹689 Cr (30-09-2026) | ₹105 Cr (30-09-2026) |
| NAV | ₹12.99 (Direct) | ₹13.10 (Direct) |
| Expense ratio (Direct) | 0.20% | 0.33% |
| Expense ratio (Regular) | 0.42% | 0.77% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | CRISIL 10 Year Gilt Index |
| Launch date | Not available | 01-08-2022 |
| Minimum investment | Not available | Direct Plan-Growth-Rs.5000, Regular Plan-Growth-Rs.5000 "Note - Fresh subscriptions in Income Distribution Cum Capital Withdrawal (IDCW) option through all modes such as Lump Sum mode (including Switches) and fresh registration of Systematic Investment Pl |
| Lock in | Not available | None |
| Fund managers | Not available | Jaydeep Bhowal FM 1, Not Applicable FM 2, Not Applicable FM 3, Not Applicable FM 4 |
| Exit load | Not available | Nil |
Nippon India Nifty G-Sec Jun 2036 Maturity Index vs UTI 10 year Constant Maturity Gilt: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct) | −0.92% | −2.22% | +1.12% | +2.19% | +7.16% | -- | -- |
| UTI 10 year Constant Maturity Gilt Fund (Direct) | −0.93% | −2.25% | +1.02% | +1.45% | +6.55% | -- | -- |
| Gilt average | −0.69% | −1.34% | +1.62% | +2.12% | +6.19% | -- | -- |
Category average: the average of the 28 Gilt funds, same plan type.
Nippon India Nifty G-Sec Jun 2036 Maturity Index vs UTI 10 year Constant Maturity Gilt: Year-wise Returns
| Year | Nippon India Nifty G-Sec Jun 2036 Maturity IndexNippon India Nifty G-Sec Jun 2036 Maturity Index | UTI 10 year Constant Maturity GiltUTI 10 year Constant Maturity Gilt |
|---|---|---|
| 2026to date | +1.09% | +0.62% |
| 2025 | +7.33% | +7.09% |
| 2024 | +10.63% | +9.57% |
| 2023 | +8.28% | +7.81% |
Nippon India Nifty G-Sec Jun 2036 Maturity Index vs UTI 10 year Constant Maturity Gilt: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 206 of them, one for each trading day from 22-12-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct)
UTI 10 year Constant Maturity Gilt Fund (Direct)
to
Jan 2026Mar 2023
to
Mar 2026May 2023
to
May 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Nifty G-Sec Jun 2036 Maturity Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.9% | 7.9% | 6.7% | 8.9% |
| UTI 10 year Constant Maturity Gilt | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.3% | 7.3% | 6.2% | 8.3% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 20-12-2022. Past returns do not promise future returns.
Nippon India Nifty G-Sec Jun 2036 Maturity Index vs UTI 10 year Constant Maturity Gilt: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 20-12-2022 to 30-10-2026: 47 instalments, ₹4,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Nifty G-Sec Jun 2036 Maturity IndexNippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct) | ₹4,70,000 | ₹5,24,186 | ₹54,186 | 5.5% |
| UTI 10 year Constant Maturity GiltUTI 10 year Constant Maturity Gilt Fund (Direct) | ₹4,70,000 | ₹5,19,167 | ₹49,167 | 5.0% |
Nippon India Nifty G-Sec Jun 2036 Maturity IndexNippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct)
UTI 10 year Constant Maturity GiltUTI 10 year Constant Maturity Gilt Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Nifty G-Sec Jun 2036 Maturity Index vs UTI 10 year Constant Maturity Gilt: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct) | UTI 10 year Constant Maturity Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.19% | +1.45% |
| Standard deviation | 3.48% | 3.26% |
| Sharpe ratio | -0.88 | -1.16 |
| Sortino ratio | -1.20 | -1.61 |
| Maximum drawdown | −3.5% (23-10-2026) | −3.3% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct) | UTI 10 year Constant Maturity Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.16% | +6.55% |
| Standard deviation | 3.00% | 2.72% |
| Sharpe ratio | 0.38 | 0.19 |
| Sortino ratio | 0.54 | 0.27 |
| Maximum drawdown | −3.5% (23-10-2026) | −3.3% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct) | UTI 10 year Constant Maturity Gilt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.05% | +6.41% |
| Standard deviation | 2.99% | 2.90% |
| Sharpe ratio | 0.29 | 0.09 |
| Sortino ratio | 0.41 | 0.13 |
| Maximum drawdown | −3.5% (23-10-2026) | −3.3% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 20-12-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct)
UTI 10 year Constant Maturity Gilt Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct) | −3.5% | 14-08-2026 | 23-10-2026 | Not yet | -- | −3.0% |
| UTI 10 year Constant Maturity Gilt Fund (Direct) | −3.3% | 14-08-2026 | 23-10-2026 | Not yet | -- | −2.9% |
From daily values since 20-12-2022, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct)
UTI 10 year Constant Maturity Gilt Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (Direct)
UTI 10 year Constant Maturity Gilt Fund (Direct)
Nippon India Nifty G-Sec Jun 2036 Maturity Index vs UTI 10 year Constant Maturity Gilt: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund, September 2026; UTI 10 year Constant Maturity Gilt Fund, September 2026
Holdings in common
- Overlap
- 14.8%
- Held by both
- 2
- Only in Nippon India Nifty G-Sec Jun 2036 Maturity Index
- 3
- Only in UTI 10 year Constant Maturity Gilt
- 4
| Security | % of Nippon India Nifty G-Sec Jun 2036 Maturity Index | % of UTI 10 year Constant Maturity Gilt |
|---|---|---|
| 6.48% Government of India | 7.63% | 13.64% |
| 6.94% Government of India | 7.14% | 56.19% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.8% means 14.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund
| Security | % of fund |
|---|---|
| 7.54% Government of India | 67.65% |
| 6.67% Government of India | 13.79% |
| 7.4% Government of India | 0.28% |
Largest holdings only in UTI 10 year Constant Maturity Gilt Fund
| Security | % of fund |
|---|---|
| 07.18% GSEC MAT -24/07/2037 | 8.54% |
| 6.79% GOVT BONDS - 07/10/2034 | 4.65% |
| 6.90% GSEC MAT - 15/04/2065 | 2.99% |
| 7.24% GSEC MAT- 18/08/2055 | 0.90% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Nifty G-Sec Jun 2036 Maturity Index | UTI 10 year Constant Maturity Gilt |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.5% | 86.9% |
| Cash and others | 3.5% | 13.1% |
Nippon India Nifty G-Sec Jun 2036 Maturity Index vs UTI 10 year Constant Maturity Gilt: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund | UTI 10 year Constant Maturity Gilt Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.20% | 0.33% |
| Base expense ratio (Direct) | 0.17% | 0.28% |
| Total expense ratio (Regular) | 0.42% | 0.77% |
| Base expense ratio (Regular) | 0.36% | 0.68% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare UTI 10 year Constant Maturity Gilt with
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund vs UTI 10 year Constant Maturity Gilt Fund: Frequently Asked Questions
What is the difference between Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund and UTI 10 year Constant Maturity Gilt Fund?
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund is a mutual fund, UTI 10 year Constant Maturity Gilt Fund is a Gilt fund, run by Nippon India Mutual Fund and UTI Mutual Fund. Their portfolios overlap 14.8%. Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund charges 0.20% a year and UTI 10 year Constant Maturity Gilt Fund 0.33%.
Which has given higher returns, Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund or UTI 10 year Constant Maturity Gilt Fund?
Over 1 year: Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund +2.19%, UTI 10 year Constant Maturity Gilt Fund +1.45%. Over 3 years: Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund +7.16% a year, UTI 10 year Constant Maturity Gilt Fund +6.55% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund or UTI 10 year Constant Maturity Gilt Fund?
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund charges less: 0.20% a year against 0.33%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund and UTI 10 year Constant Maturity Gilt Fund overlap?
14.8%. They hold 2 of the same securities, the largest shared ones being 6.48% Government of India, 6.94% Government of India. From each fund's latest monthly portfolio.
Which is better for SIP, Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund or UTI 10 year Constant Maturity Gilt Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,98,083 in Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund (XIRR 4.7% a year) and ₹3,95,313 in UTI 10 year Constant Maturity Gilt Fund (XIRR 4.2% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund and UTI 10 year Constant Maturity Gilt Fund?
Yes. 14.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.