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3 star

Nippon India Short Term Fund - Direct Plan


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.10 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 7.33 0.07 0.15 0.35 2.19 6.27 9.90 8.12 8.60 9.16 --
CCIL T Bill Liquidity Weight 2.45 0.02 0.02 0.17 0.56 1.65 3.48 4.01 4.19 4.68 --
Debt: Short Duration 7.13 0.04 0.15 0.24 2.67 6.43 11.03 6.69 7.70 8.40 --
Rank within category 19 3 15 6 12 22 14 13 10 7 --
Number of funds in category 27 27 27 27 27 27 27 24 24 24 0

As on 18-Sep-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 - Direct Plan  | Invest Online
3 star
Jan-13 9.90 8.12 8.60 0.34 7,619
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
4 star
Jan-13 11.02 8.74 9.35 0.40 17,228
SBI Short Term Debt Fund - Direct Plan
4 star
Jan-13 9.80 8.33 8.70 0.34 17,109
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 10.90 8.82 8.80 0.24 13,154
IDFC Bond Fund Short Term Plan - Direct Plan
4 star
Jan-13 10.21 8.66 8.70 0.28 13,052

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.87 (24-Mar-2020 - 31-Mar-2020) -1.85 (10-Jul-2013 - 17-Jul-2013)
Month 2.92 (24-Mar-2020 - 23-Apr-2020) -2.06 (17-Jun-2013 - 17-Jul-2013)
Quarter 5.14 (26-Mar-2020 - 25-Jun-2020) -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 7.79 1.84 1.44 2.87 1.66 4.60
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Short Duration 6.57 3.50 0.97 1.96 0.74 2.30
Rank within category 13 8 12 11 17 9
Number of funds in category 25 25 25 25 25 25

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

As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 92 114 92 58
Modified Duration (yrs) 2.07 2.14 1.91 2.30
Average Maturity (yrs) 2.67 2.87 2.11 2.91
Yield to Maturity (%) 5.63 7.98 5.43 5.61

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 11.84
down 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 13.92 8.51
equal 7.35% GOI 22/06/2024 Central Government Loan SOV 0.00 - 4.59 3.51
equal 8.25% India Infradebt 20/06/2025 Non Convertible Debenture AAA 0.00 - 4.09 3.31
equal HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 3.61 3.25
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 5.63 2.83
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 2.56 - 3.63 2.79
new 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 2.66 2.66
equal 7.67% L&T Infrastructre Finance 18/03/2022 Non Convertible Debenture AAA 0.00 - 2.64 2.64
equal 8.45% REC 22/03/2022 Debenture AAA 0.65 - 2.90 2.36
equal India Infradebt 19/11/2025 Non Convertible Debenture AAA 0.00 - 3.65 2.28
equal First Business Receivable Trust Securitised Debt AAA 0.23 - 0.37 2.27
equal 9.25% Manappuram Finance 14/02/2022 Non Convertible Debenture AA 0.00 - 2.84 2.27
equal Aditya Birla Finance 20/07/2021 Debenture AAA 1.91 - 2.70 2.08
up 5.85% Bharat Oman Refineries 13/07/2023 Non Convertible Debenture AA+ 0.00 - 1.96 1.96
new Hindustan Zinc 365-D 10/08/2021 Commercial Paper A1+ 0.00 - 1.89 1.89
equal 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 2.17 1.78
new Bajaj Finance 2022 Zero Coupon Bonds AAA 0.00 - 1.65 1.65
new 5.47% Power Finance Corp. 19/08/2023 Debenture AAA 0.00 - 1.64 1.64
new 6.82% Rajasthan State 18/09/2024 State Development Loan SOV 0.00 - 1.37 1.37
equal 9.10% India Grid Trust 2022 Debenture AAA 0.00 - 1.68 1.35
down Export-Import Bank 218-D 04/03/2021 Commercial Paper A1+ 0.00 - 1.48 1.35
equal 7.20% Sikka Ports and Terminals 16/06/2023 Zero Coupon Bonds AAA 0.00 - 1.50 1.35
equal 8.55% L&T Infrastructre Finance 29/11/2022 Non Convertible Debenture AAA 0.00 - 1.66 1.34
equal 8.85% India Grid Trust 2022 Non Convertible Debenture AAA 0.97 - 1.72 1.34

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-Aug-2020

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:

— 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:


0.07%

Change from previous, NAV as on 18-Sep-2020

Growth: ₹ 41.5527

Dividend Quarterly: ₹ 15.0397

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Dividend Monthly: ₹ 11.5819

Dividend: ₹ 16.8874


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: 8.96%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 7,619 Cr (As on 31-Aug-2020)
Expense: 0.34% (As on 31-Aug-2020)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly25-Aug-20200.0148

 27-Jul-20200.1241
 25-Jun-20200.1117
 26-May-20200.1689
 27-Apr-20200.1097
 25-Feb-20200.0846
 27-Jan-20200.0486
 26-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
Dividend Quarterly19-Jun-20200.5202

 19-Mar-20200.2502
 19-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
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: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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