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Medium to Long Duration debt funds invest in bonds maturing in 4 to 7 years' time. They aim to earn slightly better returns than inflation and bank fixed deposits of a similar duration. 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.
We believe that Aggressive Hybrid funds or Large Cap Equity funds, which invest predominantly in shares, are more suitable alternatives for an investment horizon of 5 years or more because of their ability to earn much higher returns. They witness more severe ups and downs than Medium to Long Duration funds but the possibility of incurring a loss is substantially reduced if you invest for 5 years and above.
Taxability of earnings:
|YTD||1 Month||3 Months||1 Years||3 Years||5 Years||10 Years|
|Debt: Medium to Long Duration||7.11||-0.31||0.12||7.80||5.44||7.32||--|
|Rank within category||1||12||9||2||5||4||--|
|Number of funds in category||14||14||14||14||14||14||0|
As on 13-Dec-2019
|Best (Period)||Worst (Period)|
|Month||5.09 (25-Oct-2016 - 24-Nov-2016)||-6.25 (19-Jul-2013 - 19-Aug-2013)|
|Quarter||8.44 (12-Sep-2014 - 12-Dec-2014)||-9.63 (20-May-2013 - 19-Aug-2013)|
|Year||18.37 (24-Nov-2015 - 24-Nov-2016)||-1.14 (20-May-2013 - 20-May-2014)|
|Debt: Medium to Long Duration||5.26||3.81||-0.01||0.08||1.32||-0.34|
|Rank within category||6||12||6||6||14||6|
|Number of funds in category||14||14||14||14||14||14|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Nov-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||7||15||4||20|
|Modified Duration (yrs)||5.31||6.54||5.03||5.04|
|Average Maturity (yrs)||7.65||9.84||6.96||7.28|
|Yield to Maturity (%)||6.88||8.20||6.38||6.94|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|7.32% GOI 28/01/2024||GOI Securities||SOV||0.00 - 40.61||27.40|
|7.57% GOI 17/06/2033||GOI Securities||SOV||0.00 - 29.74||25.43|
|7.27% GOI 2026||GOI Securities||SOV||0.00 - 39.72||21.94|
|8.65% Reliance Industries 2028||Non Convertible Debenture||AAA||0.00 - 9.21||9.21|
|7.42% Power Finance Corp. 19/11/2024||Non Convertible Debenture||AAA||0.00 - 8.80||8.80|
|6.45% GOI 2029||GOI Securities||SOV||0.00 - 1.75||1.75|
|8.19% Rajasthan State 23/06/2026||State Development Loan||SOV||0.00 - 0.00||0.00|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-2019
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.
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The scheme aims to generate capital appreciation of the portfolio and optimal returns consistent with moderate risk. The scheme will predominantly invest in debt instruments, while money market investment can also go up to 50 per cent.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||100|
|Minimum No of Cheques||60|
|Minimum Withdrawal (₹)||100|
|Minimum Balance (₹)||1|
|Exit Load||0.25% for redemption within 15 days|
|Fund House:||Nippon India Mutual Fund|
|Benchmark:||NIFTY Medium to Long Duration Debt|
|Assets:||₹ 285 Cr (As on 30-Nov-2019)|
|Expense:||0.87% (As on 30-Nov-2019)|
|Risk Grade:||Above Average|
|Plan||Record Date||Dividend (₹ / Unit)|
|Dividend Half Yearly||19-Sep-2019||0.8219|
Fund News - 11-Oct-2018
Fund News - 15-Feb-2018
Fund News - 14-Sep-2016
Fund News - 16-Dec-2015
Fund News - 16-Sep-2015
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
Email: [email protected]
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
Email: [email protected]