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Nippon India Short Term Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 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 0.39 0.03 0.12 0.74 2.05 4.58 10.07 7.40 8.25 8.79 --
Debt: Short Duration 0.21 0.02 -0.06 0.61 1.47 3.08 5.22 6.00 7.22 7.90 --
Rank within category 14 19 9 17 9 5 7 11 12 6 --
Number of funds in category 29 29 29 29 29 29 28 26 26 24 0

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 2.86 (20-Aug-2013 - 19-Sep-2013) -2.06 (17-Jun-2013 - 17-Jul-2013)
Quarter 4.38 (28-Aug-2013 - 27-Nov-2013) -2.60 (20-May-2013 - 19-Aug-2013)
Year 12.82 (31-Jan-2014 - 02-Feb-2015) 3.70 (25-Sep-2017 - 25-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.32 1.68 0.95 1.64 4.09 8.32
Debt: Short Duration 6.13 3.00 0.63 1.30 3.48 6.13
Rank within category 14 12 14 14 20 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
up 9.10% India Grid Trust 2022 Debenture AAA 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 01-Jan-2013

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:


0.03%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 38.8655

Dividend Quarterly: ₹ 14.9098

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Dividend Monthly: ₹ 11.5226

Dividend: ₹ 15.7952


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: 01-Jan-2013
Return Since Launch: 8.82%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 7,027 Cr (As on 31-Dec-2019)
Expense: 0.32% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly26-Dec-20190.0217

 25-Nov-20190.0591
 25-Oct-20190.0848
 25-Sep-20190.0187
 26-Aug-20190.0878
 25-Jul-20190.0936
 25-Jun-20190.0400
 27-May-20190.0750
 25-Apr-20190.0388
 25-Mar-20190.0746
 25-Feb-20190.0372
 25-Jan-20190.0492
 26-Dec-20180.0791
 26-Nov-20180.0666
 25-Oct-20180.0656
 27-Aug-20180.0440
 25-Jul-20180.0518
 25-Jun-20180.0422
 26-Mar-20180.0649
 26-Feb-20180.0085
 29-Jan-20180.0208
 27-Nov-20170.0146
 25-Oct-20170.0434
 25-Sep-20170.0212
 28-Aug-20170.0464
Dividend Quarterly19-Dec-20190.2434

 19-Sep-20190.2777
 19-Jun-20190.2450
 19-Mar-20190.1763
 19-Dec-20180.2136
 19-Sep-20180.1402
 19-Mar-20180.0638
 19-Dec-20170.0917
 19-Sep-20170.1978
 19-Jun-20170.2266
 20-Mar-20170.0968
 19-Dec-20160.2636
 19-Sep-20160.3047
 20-Jun-20160.2159
 21-Mar-20160.1562
 21-Dec-20150.2029
 21-Sep-20150.1738
 19-Jun-20150.1528
 19-Mar-20150.2317
 19-Dec-20140.3397
 19-Sep-20140.2228
 19-Jun-20140.3598
 19-Mar-20140.1909
 19-Dec-20130.2280
 19-Jun-20130.3494
Dividend19-Sep-20140.6228

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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dateSaturday, 25-Jan-2020
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