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3 star

Nippon India Short Term Fund


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.62 0.01 0.14 0.74 2.05 2.43 7.85 8.24 7.58 8.09 8.35
CCIL T Bill Liquidity Weight 0.69 0.01 0.02 0.17 0.49 0.94 2.22 3.62 3.84 4.29 4.65
Debt: Short Duration 0.97 0.00 0.06 0.61 1.42 1.66 7.43 6.53 6.58 7.27 7.80
Rank within category 1 8 1 3 1 1 7 8 9 7 6
Number of funds in category 26 27 27 27 26 26 26 25 23 23 21

As on 14-May-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Short Term Fund  | Invest Online
3 star
Dec-02 7.85 8.24 7.58 1.12 8,375
ICICI Prudential Short Term Fund  | Invest Now
4 star
Oct-01 8.39 8.67 8.10 1.16 22,193
HDFC Short Term Debt Fund  | Invest Online
5 star
Jun-10 8.45 8.90 8.22 0.76 17,443
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
May-02 6.86 8.33 7.64 1.16 17,020
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
Dec-00 6.91 8.47 7.65 0.77 13,792

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.96 12-Dec-2008 - 19-Dec-2008 -1.87 10-Jul-2013 - 17-Jul-2013
Month 5.18 19-Nov-2008 - 19-Dec-2008 -2.12 17-Jun-2013 - 17-Jul-2013
Quarter 6.99 02-Dec-2008 - 03-Mar-2009 -2.76 20-May-2013 - 19-Aug-2013
Year 15.10 17-Jul-2008 - 17-Jul-2009 3.04 25-Sep-2017 - 25-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.86 1.70 2.05 4.14 1.36 4.60
CCIL T Bill Liquidity Weight 3.56 0.38 -2.17 -5.20 -- --
Debt: Short Duration 6.38 3.41 1.23 2.11 0.79 2.64
Rank within category 9 5 5 3 13 12
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 115 121 99 61
Modified Duration (yrs) 1.96 2.14 1.73 1.90
Average Maturity (yrs) 2.53 2.87 2.34 2.35
Yield to Maturity (%) 5.37 6.56 5.09 5.02
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 8.50% National Bank Agr. Rur. Devp Debenture AAA 1.32 - 4.19 4.19
equal 7.35% GOI 22/06/2024 Central Government Loan SOV 3.27 - 4.59 3.82
up 7.40% Muthoot Finance 2024 Debenture AA+ 0.00 - 3.31 3.31
equal HDFC 19/05/2022 Non Convertible Debenture AAA 2.75 - 3.61 2.94
equal ICICI Prudential Life Insurance Co. Ltd. Debenture AAA 0.00 - 2.89 2.76
equal 8.25% India Infradebt 20/06/2025 Non Convertible Debenture AAA 2.53 - 4.09 2.73
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 2.34 - 3.51 2.52
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 1.05 - 2.49 2.36
equal India Infradebt 19/11/2025 Non Convertible Debenture AAA 0.65 - 3.65 2.24
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 0.00 - 2.68 2.13
down 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.00 - 4.38 2.07
equal 7.67% L&T Infrastructre Finance 18/03/2022 Non Convertible Debenture AAA 0.00 - 2.64 2.02
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 2.09 1.98
equal First Business Receivable Trust Securitised Debt AAA 0.22 - 0.37 1.91
equal 7.27% GOI 2026 GOI Securities SOV 1.85 - 11.84 1.90
equal 7.98% ONGC Petro Additions 25/10/2023 Non Convertible Debenture AA 0.00 - 1.94 1.83
equal 5.85% Bharat Oman Refineries 13/07/2023 Non Convertible Debenture AA+ 0.00 - 1.96 1.79
equal 9.25% Manappuram Finance 14/02/2022 Non Convertible Debenture AA 1.77 - 2.74 1.77
equal 8.07% Bajaj Housing Finance 2022 Non Convertible Debenture AAA 0.00 - 1.77 1.67
up 7.59% GOI 2026 GOI Securities SOV 0.00 - 2.98 1.60
up National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 1.50 1.50
equal 5.75% Bharat Oman Refineries 15/12/2023 Debenture AA+ 0.00 - 1.57 1.48
equal 9.11% Tamilnadu State 28/05/2024 State Development Loan SOV 0.00 - 1.39 1.32
equal 7.94% Chhattisgarh State 16/01/2023 State Development Loan SOV 0.00 - 1.33 1.26
equal 8.55% L&T Infrastructre Finance 29/11/2022 Non Convertible Debenture AAA 1.16 - 1.66 1.25

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2021

Fund Manager

— Sushil Budhia since 31-Mar-2021

Education: Mr. Budhia has done CA

Experience: Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.

Funds Managed:

— Vivek Sharma since 01-Feb-2020

Education: Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).

Experience: He has been associated with Nippon India Mutual Fund since 2006.

Funds Managed:


0.01%

Change from previous, NAV as on 14-May-2021

Growth: ₹ 41.2302

IDCW Quarterly: ₹ 14.8033

More

IDCW Monthly: ₹ 11.4311

IDCW: ₹ 16.7695


Investment Strategy

The scheme seeks to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 100
Minimum No of Cheques 60
Minimum Withdrawal (₹) 100
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 18-Dec-2002
Return Since Launch: 8.00%
Benchmark: CRISIL Short-Term Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 8,375 Cr (As on 30-Apr-2021)
Expense: 1.12% (As on 30-Apr-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly26-Apr-20210.0890

 25-Mar-20210.0395
 28-Dec-20200.0183
 25-Nov-20200.0820
 26-Oct-20200.1254
 25-Sep-20200.0642
 25-Aug-20200.0081
 27-Jul-20200.1155
 25-Jun-20200.1033
 26-May-20200.1601
 27-Apr-20200.1013
 25-Feb-20200.0791
 27-Jan-20200.0432
 26-Dec-20190.0165
 25-Nov-20190.0541
 25-Oct-20190.0788
 25-Sep-20190.0135
 26-Aug-20190.0818
 25-Jul-20190.0876
 25-Jun-20190.0352
 27-May-20190.0699
 25-Apr-20190.0343
 25-Mar-20190.0703
 25-Feb-20190.0331
 25-Jan-20190.0447
IDCW Quarterly19-Mar-20210.0066

 21-Dec-20200.3232
 21-Sep-20200.2395
 19-Jun-20200.4856
 19-Mar-20200.2280
 19-Dec-20190.2208
 19-Sep-20190.2550
 19-Jun-20190.2259
 19-Mar-20190.1592
 19-Dec-20180.1948
 19-Sep-20180.1215
 19-Mar-20180.0500
 19-Dec-20170.0771
 19-Sep-20170.1817
 19-Jun-20170.2105
 20-Mar-20170.0826
 19-Dec-20160.2472
 19-Sep-20160.2880
 20-Jun-20160.2002
 21-Mar-20160.1413
 21-Dec-20150.1877
 21-Sep-20150.1588
 19-Jun-20150.1380
 19-Mar-20150.2164
 19-Dec-20140.3237
IDCW19-Sep-20140.5747

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

Registration Over