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4 star

Nippon India Short Term Fund download report


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.20 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
Nippon India Short-term-G -0.09 -0.08 0.05 -0.60 -0.58 0.31 2.66 6.69 6.42 7.02 7.73
CCIL T Bill Liquidity Weight 0.55 0.03 0.00 -0.04 0.32 0.83 1.91 2.81 3.35 3.75 4.29
Debt: Short Duration 0.48 -0.06 0.11 -0.56 0.00 0.78 3.52 5.45 5.69 6.48 7.30
Rank within category 15 22 20 19 16 11 9 6 6 6 5
Number of funds in category 26 29 29 29 27 26 25 24 21 21 20

As on 13-May-2022

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
4 star
Dec-02 2.66 6.69 6.42 1.15% 8,160
ICICI Prudential Short Term Fund  | Invest Now
4 star
Oct-01 2.89 7.08 6.78 1.13% 16,623
HDFC Short Term Debt Fund  | Invest Online
4 star
Jun-10 2.72 7.11 7.06 0.74% 14,549
Axis Short Term Fund
4 star
Jan-10 2.69 6.82 6.70 0.98% 10,086
Aditya Birla Sun Life Short Term Fund  | Invest Online
5 star
May-03 3.12 7.05 6.84 1.08% 7,640

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 2.66 12-May-2021 - 13-May-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India Short-term-G 6.88 1.65 2.03 4.47 1.83 4.58
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Short Duration 5.71 3.44 1.17 2.48 0.72 2.66
Rank within category 5 4 1 4 12 9
Number of funds in category 24 24 24 24 24 24

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

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 119 139 115 52
Modified Duration (yrs) 1.66 1.96 1.66 1.51
Average Maturity (yrs) 1.97 2.42 1.97 1.91
Yield to Maturity (%) 5.80 5.80 4.98 5.66
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 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 5.11 5.11
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 4.24 3.82
equal 8.25% India Infradebt 20/06/2025 Non Convertible Debenture AAA 2.20 - 3.08 2.80
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 2.05 - 2.86 2.60
equal Deutsche Bank 23/12/2022 Certificate of Deposit A1+ 0.00 - 2.59 2.37
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 1.91 - 3.51 2.29
equal 7.98% ONGC Petro Additions 25/10/2023 Non Convertible Debenture AA 1.47 - 2.06 1.87
equal 7.40% Muthoot Finance 2024 Debenture AA+ 1.86 - 3.09 1.86
down 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 1.67 - 3.37 1.84
equal 5.79% REC 20/03/2024 Debenture AAA 0.00 - 2.02 1.84
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 3.03 1.79
up 5.14% National Bank Agr. Rur. Devp 21-D 31/01/2024 Debenture AAA 0.27 - 1.93 1.79
down 5.99% LIC Housing Fin. 2025 Debenture AAA 0.00 - 3.47 1.63
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 1.44 - 3.88 1.63
equal 7.68% L&T Finance 2023 Debenture AAA 0.00 - 1.71 1.56
equal 6.25% Embassy Office Parks REIT 18/10/2024 Debenture AAA 0.00 - 1.88 1.52
equal 5.32% LIC Housing Fin. 30/11/2023 Debenture AAA 0.00 - 1.67 1.52
equal First Business Receivable Trust 2026 Securitised Debt AAA 0.00 - 1.61 1.45
equal 6.92% REC 22/04/2023 Non Convertible Debenture AAA 0.00 - 1.73 1.37
new 8.40% GOI 28/07/2024 Central Government Loan SOV 0.00 - 1.29 1.29
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.98 - 1.37 1.25
equal 6.98% Power Finance Corporation 20/04/2023 Non Convertible Debenture AAA 0.00 - 1.37 1.24
new 8.20% Power Finance Corporation 27/05/2022 Non Convertible Debenture AAA 0.00 - 1.23 1.23
equal 6.92% Godrej Industries 14/05/2025 Debenture AA 0.97 - 1.50 1.22
equal 5.74% REC 20/06/2024 Debenture AAA 0.96 - 1.35 1.22

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-2022

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:


-0.08%

Change from previous, NAV as on 13-May-2022

Growth: ₹ 42.3268

IDCW Quarterly: ₹ 14.4939

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IDCW Monthly: ₹ 11.2677

IDCW: ₹ 17.2155


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

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 60
Min. Withdrawal (₹) 100
Min. 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: 7.72%
Benchmark: CRISIL Short Duration Fund BII Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 8,160 Cr (As on 30-Apr-2022)
Expense: 1.15% (As on 30-Apr-2022)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly25-Mar-20220.0205

 25-Feb-20220.0635
 25-Jan-20220.0264
 27-Dec-20210.0289
 25-Nov-20210.0302
 25-Oct-20210.0156
 27-Sep-20210.0455
 25-Aug-20210.0653
 26-Jul-20210.0640
 25-Jun-20210.0255
 25-May-20210.0783
 26-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
IDCW Quarterly21-Mar-20220.0904

 20-Dec-20210.0812
 20-Sep-20210.2043
 21-Jun-20210.3201
 19-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
IDCW19-Sep-20140.5747

Registrar & Transfer Agent: KFin Technologies Ltd.

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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