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3 star

Nippon India Short Term Fund


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 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 8.17 0.06 0.22 1.25 1.70 5.43 9.33 7.63 7.87 8.43 8.41
CCIL T Bill Liquidity Weight 2.74 0.00 0.07 0.25 0.60 1.26 3.29 3.96 4.15 4.57 4.77
Debt: Short Duration 7.89 0.07 0.20 1.18 1.47 5.69 9.01 6.35 7.01 7.70 8.03
Rank within category 18 16 11 12 6 19 18 14 11 10 8
Number of funds in category 26 26 26 26 26 26 26 23 23 23 20

As on 26-Oct-2020

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 9.33 7.63 7.87 1.24 8,637
ICICI Prudential Short Term Fund  | Invest Now
4 star
Oct-01 10.84 8.28 8.48 1.16 18,946
SBI Short Term Debt Fund
4 star
Jul-07 9.78 8.07 8.13 0.84 16,743
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
May-02 10.13 8.29 8.12 1.14 14,379
HDFC Short Term Debt Fund  | Invest Online
5 star
Jun-10 11.16 8.93 8.64 0.76 13,569

Best & Worst Performance

Best (Period) Worst (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 7.19 1.81 1.18 2.25 1.69 4.09
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Short Duration 6.06 3.47 0.79 1.62 0.77 1.88
Rank within category 13 8 12 11 16 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-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 103 114 95 60
Modified Duration (yrs) 2.03 2.14 1.91 2.19
Average Maturity (yrs) 2.67 2.87 2.11 2.71
Yield to Maturity (%) 5.61 7.40 5.43 5.53
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
down 7.27% GOI 2026 GOI Securities SOV 0.00 - 16.86 9.94
new 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 7.76 7.76
up 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 4.59 3.71
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 3.61 2.86
down 8.25% India Infradebt 20/06/2025 Non Convertible Debenture AAA 0.00 - 4.09 2.61
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 5.06 2.49
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 2.46 - 3.61 2.46
up 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 2.15 2.15
equal 8.45% REC 22/03/2022 Debenture AAA 0.65 - 2.90 2.09
equal 9.25% Manappuram Finance 14/02/2022 Non Convertible Debenture AA 0.00 - 2.84 2.01
equal India Infradebt 19/11/2025 Non Convertible Debenture AAA 0.00 - 3.65 2.00
equal First Business Receivable Trust Securitised Debt AAA 0.23 - 0.37 2.00
down 7.67% L&T Infrastructre Finance 18/03/2022 Non Convertible Debenture AAA 0.00 - 2.64 1.93
equal Aditya Birla Finance 20/07/2021 Debenture AAA 1.84 - 2.64 1.84
new 6.65% Motherson Sumi Systems 14/09/2023 Non Convertible Debenture AAA 0.00 - 1.74 1.74
new 7.98% ONGC Petro Additions 25/10/2023 Non Convertible Debenture AA 0.00 - 1.74 1.74
equal 5.85% Bharat Oman Refineries 13/07/2023 Non Convertible Debenture AA+ 0.00 - 1.96 1.73
equal Hindustan Zinc 365-D 10/08/2021 Commercial Paper A1+ 0.00 - 1.89 1.67
new 6.22% HDFC 2021 Debenture AAA 0.00 - 1.48 1.48
new 7.42% Union Bank of India 16/09/2030 Debenture AA+ 0.00 - 1.39 1.39
down 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 1.27 - 2.17 1.27
up 7.15% HDFC 16/09/2021 Debenture AAA 0.00 - 1.25 1.25
new 7.94% Chhattisgarh State 16/01/2023 State Development Loan SOV 0.00 - 1.23 1.23
equal 8.55% L&T Infrastructre Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 1.66 1.20
equal Export-Import Bank 218-D 04/03/2021 Commercial Paper A1+ 0.00 - 1.48 1.20

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-Sep-2020

Fund Manager

— Prashant R Pimple since 06-Oct-2008

Education: Mr. Pimple is a MBA (Finance) and CTM.

Experience: Prior to joining Reliance Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.

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 Reliance AMC since 2006.

Funds Managed:


0.06%

Change from previous, NAV as on 26-Oct-2020

Growth: ₹ 40.0869

Dividend Quarterly: ₹ 14.7193

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Dividend Monthly: ₹ 11.4647

Dividend: ₹ 16.3044


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
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 18-Dec-2002
Return Since Launch: 8.08%
Benchmark: CRISIL Short-Term Bond TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 8,637 Cr (As on 30-Sep-2020)
Expense: 1.24% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly25-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
 26-Dec-20180.0746
 26-Nov-20180.0621
 25-Oct-20180.0607
 27-Aug-20180.0393
 25-Jul-20180.0467
Dividend Quarterly21-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
 19-Sep-20140.2046
 19-Jun-20140.3424
Dividend19-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

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