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Nippon India Short Term Fund


1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame 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, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 0.64 0.07 0.28 0.68 1.79 4.46 9.43 6.76 7.57 8.14 8.00
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 4.78 4.69
Debt: Short Duration 0.45 0.06 0.27 0.55 1.30 3.00 4.72 5.35 6.52 7.27 7.51
Rank within category 16 9 12 18 15 8 8 11 11 6 5
Number of funds in category 29 29 29 29 29 29 28 26 26 25 19

As on 24-Jan-2020

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 6.65 1.67 0.56 0.96 4.08 7.63
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Short Duration 5.45 2.99 0.30 0.77 3.48 5.45
Rank within category 14 12 13 13 21 8
Number of funds in category 27 27 27 27 27 27

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 102 111 95 57
Modified Duration (yrs) 1.94 2.17 1.58 2.04
Average Maturity (yrs) 2.30 2.61 2.05 2.49
Yield to Maturity (%) 7.25 8.82 7.13 7.45

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 13.92 13.92
up 8.75% Muthoot Finance 19/06/2021 Bonds/NCDs AA 3.01 - 5.32 4.66
new 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 3.64 3.64
down 8.50% State Bank of India 22/11/2020 Non Convertible Debenture AA+ 0.00 - 4.02 3.43
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 0.00 - 3.63 3.01
down 8.70% Reliance Jio Infocomm 18/07/2021 Debenture AAA 0.00 - 4.60 2.99
equal 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 3.50 2.90
down 8.95% Jamnagar Utilities and Power 26/04/2023 Debenture AAA 1.92 - 3.22 2.64
equal 8.75% State Bank of India Non Convertible Debenture AA+ 0.00 - 5.19 2.45
new First Business Receivable Trust Securitised Debt AAA 0.00 - 0.31 2.26
equal Aditya Birla Finance 20/07/2021 Debenture AAA 1.91 - 2.70 2.22
new 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 2.13 2.13
equal 7.45% LIC Housing Fin. 13/01/2023 Debenture AAA 0.00 - 3.44 2.13
equal Axis Bank 30/10/2020 Certificate of Deposit A1+ 0.00 - 2.27 2.03
down 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 4.52 1.83
new 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 2.18 1.79
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 1.79 1.50
new 7.80% GOI 2020 Central Government Loan SOV 0.00 - 1.43 1.43
new 8.55% L&T Infrastructre Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 1.42 1.42
new Axis Bank 18/12/2020 Certificate of Deposit A1+ 0.00 - 1.34 1.34
equal Axis Bank 2020 Certificate of Deposit A1+ 0.00 - 1.44 1.27
equal 7.47% Power Finance Corp. 16/09/2021 Bonds AAA 0.00 - 1.47 1.22
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.83 - 1.33 1.12
equal 8.85% India Grid Trust 2022 Non Convertible Debenture AAA 0.00 - 2.01 1.08
new 8.27% GOI 2020 Central Government Loan SOV 0.00 - 1.08 1.08

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 31-Dec-2019

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:


0.07%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 37.2969

Dividend Quarterly: ₹ 14.7035

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Dividend Monthly: ₹ 11.3663

Dividend: ₹ 15.1696


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: 8.00%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 7,027 Cr (As on 31-Dec-2019)
Expense: 1.12% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly26-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
 25-Jun-20180.0378
 26-Mar-20180.0612
 26-Feb-20180.0053
 29-Jan-20180.0171
 27-Nov-20170.0108
 25-Oct-20170.0394
 25-Sep-20170.0180
 28-Aug-20170.0423
Dividend Quarterly19-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
 19-Mar-20140.1760
 19-Dec-20130.2102
 19-Jun-20130.3312
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: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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