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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 3.86 -0.01 0.10 1.11 1.78 4.11 9.13 7.22 7.78 7.97 8.12
CCIL T Bill Liquidity Weight 1.80 0.04 0.01 0.27 1.09 1.99 4.11 4.21 4.39 4.73 4.79
Debt: Short Duration 3.28 -0.03 0.01 1.06 1.14 3.56 7.16 5.34 6.41 6.92 7.43
Rank within category 18 18 4 20 20 19 13 10 9 9 7
Number of funds in category 26 26 26 26 26 26 26 23 23 22 19

As on 05-Jun-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 7.04 1.70 0.98 1.81 2.84 5.17
CCIL T Bill Liquidity Weight 4.15 0.27 -4.64 -8.65 -- --
Debt: Short Duration 5.60 3.35 0.56 1.23 2.07 2.78
Rank within category 13 8 12 13 19 7
Number of funds in category 26 26 26 26 26 26

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

As on 31-May-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 93 114 93 49
Modified Duration (yrs) 1.98 2.17 1.91 --
Average Maturity (yrs) 2.58 2.61 2.11 --
Yield to Maturity (%) 7.21 8.55 6.94 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 16.86 16.86
new 8.25% India Infradebt 20/06/2025 Non Convertible Debenture AAA 0.00 - 4.03 4.03
equal 10.40% Sikka Ports and Terminals 18/07/2021 Bonds/NCDs AAA 0.00 - 3.91 3.91
down 8.75% Muthoot Finance 19/06/2021 Bonds/NCDs AA 3.87 - 5.32 3.87
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 2.70 - 3.63 3.47
equal 6.80% Rajasthan State 2024 State Development Loan SOV 0.00 - 2.97 2.97
equal 8.45% REC 22/03/2022 Debenture AAA 0.54 - 2.86 2.86
equal 9.25% Manappuram Finance 14/02/2022 Non Convertible Debenture AA 0.00 - 2.84 2.84
equal 8.50% Orissa State 2023 State Development Loan SOV 0.00 - 2.67 2.67
equal First Business Receivable Trust Securitised Debt AAA 0.23 - 0.37 2.65
equal Aditya Birla Finance 20/07/2021 Debenture AAA 2.01 - 2.70 2.56
new Bank of Baroda 27/06/2020 Certificate of Deposit A1+ 0.00 - 2.44 2.44
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 1.79 1.73
equal 8.85% India Grid Trust 2022 Non Convertible Debenture AAA 0.00 - 2.01 1.65
equal 9.10% India Grid Trust 2022 Debenture AAA 0.00 - 1.65 1.65
equal 8.55% L&T Infrastructre Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 1.61 1.61
equal LIC Housing Fin. 25/02/2022 Debenture AAA 1.01 - 1.33 1.31
equal Tata Capital 2021 Debenture AAA 0.00 - 1.23 1.23
equal 9.50% Muthoot Finance 2022 Non Convertible Debenture AA 0.00 - 1.19 1.19
up 8.15% REC 2022 Non Convertible Debenture AAA 0.00 - 1.17 1.17
new 10.25% Shriram Transport Finance 27/12/2024 Non Convertible Debenture AA+ 0.00 - 1.10 1.10
up 8.45% Power Finance Corp. 2022 Non Convertible Debenture AAA 0.20 - 2.33 1.09
equal 8.44% REC 2021 Bonds AAA 0.79 - 1.06 1.00
equal 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 4.08 0.88
new 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 5.67 0.87

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-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:


-0.01%

Change from previous, NAV as on 05-Jun-2020

Growth: ₹ 38.4907

Dividend Quarterly: ₹ 14.8471

More

Dividend Monthly: ₹ 11.2934

Dividend: ₹ 15.6552


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: 8.02%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 6,114 Cr (As on 30-Apr-2020)
Expense: 1.11% (As on 30-Apr-2020)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly26-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
 25-Jun-20180.0378
 26-Mar-20180.0612
 26-Feb-20180.0053
 29-Jan-20180.0171
Dividend Quarterly19-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
 19-Mar-20140.1760
 19-Dec-20130.2102
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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