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3 star

Nippon India Low Duration Fund - Direct Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

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 5.99 0.03 0.12 0.40 2.10 4.82 8.46 7.54 7.86 8.34 --
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: Low Duration 5.08 0.02 0.11 0.34 3.79 5.63 6.94 5.53 6.57 7.26 --
Rank within category 7 7 7 6 10 14 7 12 12 9 --
Number of funds in category 25 25 25 25 25 25 25 25 24 22 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 Low Duration Fund - Direct Plan  | Invest Online
3 star
Jan-13 8.46 7.54 7.86 0.35 6,520
ICICI Prudential Savings Fund - Direct Plan  | Invest Now
4 star
Jan-13 8.54 8.03 8.29 0.50 19,725
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 8.81 8.44 8.57 0.40 14,808
SBI Magnum Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.88 7.85 7.89 0.40 10,361
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 9.30 8.61 8.92 0.36 9,297

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.69 (24-Mar-2020 - 31-Mar-2020) -1.91 (03-Jun-2019 - 10-Jun-2019)
Month 2.17 (24-Mar-2020 - 23-Apr-2020) -1.37 (31-May-2019 - 01-Jul-2019)
Quarter 3.72 (24-Mar-2020 - 24-Jun-2020) -0.12 (02-Apr-2019 - 02-Jul-2019)
Year 10.55 (26-Jul-2013 - 28-Jul-2014) 5.44 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.31 1.60 1.36 1.19 0.32 2.54
CCIL T Bill Liquidity Weight 3.97 0.31 -3.79 -6.90 -- --
Debt: Low Duration 5.62 4.37 1.36 2.76 -0.82 -0.48
Rank within category 12 14 13 14 11 14
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 74 76 41 55
Modified Duration (yrs) 0.83 0.94 0.65 0.78
Average Maturity (yrs) 0.97 1.81 0.73 0.91
Yield to Maturity (%) 5.20 9.44 5.20 4.92

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 8.12% GOI 2020 Central Government Loan SOV 0.00 - 16.74 5.90
equal Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 4.03 - 11.42 4.03
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 3.94 3.94
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.00 - 8.23 3.88
new Reserve Bank of India 182-D 18/02/2021 Treasury Bills SOV 0.00 - 3.70 3.70
up 8.70% HDFC 15/12/2020 Debenture AAA 0.00 - 3.56 3.56
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 3.48 - 6.97 3.49
new MRPL 90-D 18/11/2020 Commercial Paper A1+ 0.00 - 2.44 2.44
new Axis Bank 18/12/2020 Certificate of Deposit A1+ 0.00 - 2.28 2.28
new Piramal Enterprises 90-D 19/11/2020 Commercial Paper A1+ 0.00 - 2.26 2.26
down National Bank Agr. Rur. Devp 2021 Certificate of Deposit A1+ 0.00 - 5.76 2.23
down 6.17% GOI 15/07/2021 GOI Securities SOV 0.00 - 5.34 2.19
new 7.35% Power Finance Corp. 15/10/2022 Debenture AAA 0.00 - 2.96 2.07
new 7.07% Reliance Industries 24/12/2020 Bonds/Debentures AAA 0.00 - 2.22 1.94
equal 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 5.05 1.93
new Hindustan Zinc 365-D 10/08/2021 Commercial Paper A1+ 0.00 - 1.84 1.84
new 7.15% HDFC 16/09/2021 Debenture AAA 0.00 - 1.58 1.58
equal 6.60% REC 21/03/2022 Debenture AAA 0.00 - 3.50 1.57
down 7.68% GOI 15/12/2023 GOI Securities SOV 0.00 - 4.64 1.57
equal 8.30% L&T Housing Finance 29/11/2021 Non Convertible Debenture AAA 0.00 - 4.12 1.56
up 6.94% Bajaj Housing Finance 25/03/2022 Bonds/NCDs AAA 0.00 - 1.72 1.56
equal 7.67% L&T Infrastructre Finance 18/03/2022 Non Convertible Debenture AAA 0.00 - 1.94 1.54
equal Shriram City Union Finance 21/09/2021 Debenture AA+ 1.53 - 4.37 1.53
new National Bank Agr. Rur. Devp 164-D 01/02/2021 Commercial Paper A1+ 0.00 - 1.51 1.51
equal Export-Import Bank 218-D 04/03/2021 Commercial Paper A1+ 0.00 - 1.89 1.51

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

— Anju Chhajer since 01-Jan-2013

Education: Ms. Chhajer is a B.Com (H) and a Chartered Accountant.

Experience: Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.

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:


0.03%

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

Growth: ₹ 2,930.7710

Dividend Weekly: ₹ 1,009.3157

More

Dividend Quarterly: ₹ 1,030.4140

Dividend Monthly: ₹ 1,023.0584

Dividend Daily: ₹ 1,009.0639

Dividend: ₹ 1,597.5244

Bonus: ₹ 1,702.4750


Investment Strategy

The scheme aims to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 100
Minimum No of Cheques 60
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.42%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 6,520 Cr (As on 31-Aug-2020)
Expense: 0.35% (As on 31-Aug-2020)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily18-Sep-20200.1709

 17-Sep-20200.1710
 16-Sep-20200.0278
 15-Sep-20200.1719
 14-Sep-20200.3482
 11-Sep-20200.0894
 09-Sep-20200.1741
 08-Sep-20200.2206
 07-Sep-20200.5151
 04-Sep-20200.1735
 03-Sep-20200.1741
 02-Sep-20200.1824
 01-Sep-20200.1830
 31-Aug-20200.4742
 28-Aug-20200.1851
 27-Aug-20200.0880
 25-Aug-20200.1048
 24-Aug-20200.5083
 21-Aug-20200.1778
 20-Aug-20200.1814
 19-Aug-20200.1955
 18-Aug-20200.2008
 17-Aug-20200.5764
 14-Aug-20200.1923
 13-Aug-20200.1980
Dividend Weekly15-Sep-20200.7836

 08-Sep-20201.2660
 01-Sep-20200.9305
 25-Aug-20201.1682
 18-Aug-20201.3594
 11-Aug-20201.2759
 04-Aug-20201.0950
 28-Jul-20201.3556
 21-Jul-20201.3878
 14-Jul-20201.3802
 07-Jul-20201.5317
 30-Jun-20202.9552
 23-Jun-20204.5840
 16-Jun-20202.4997
 09-Jun-20200.4238
 02-Jun-20202.6761
 26-May-20203.3941
 19-May-20202.3376
 21-Apr-20203.2395
 07-Apr-20200.4005
 31-Mar-20202.8151
 11-Mar-20201.2449
 03-Mar-20201.0425
 25-Feb-20201.0707
 18-Feb-20201.1095
Dividend Monthly19-Aug-20203.7308

 20-Jul-20209.7831
 19-Jun-20208.8088
 20-Apr-202013.9892
 20-Feb-20205.9214
 20-Jan-20204.2722
 19-Dec-20192.4114
 19-Nov-20194.2281
 22-Oct-20195.7458
 19-Sep-20195.8505
 19-Aug-20194.3711
 20-May-20193.8661
 22-Apr-20196.5099
 19-Mar-20196.3177
 20-Feb-20195.0123
 21-Jan-20196.6981
 19-Dec-20186.1239
 19-Nov-20184.7245
 19-Oct-20185.1537
 19-Sep-20182.6251
 20-Aug-20184.8156
 19-Jul-20185.4183
 19-Jun-20185.9180
 21-May-20181.0498
 19-Apr-20185.6499
Dividend Quarterly19-Jun-202027.8832

 19-Mar-20206.5211
 19-Dec-201916.1944
 19-Sep-201919.2616
 19-Jun-20193.7097
 19-Mar-201915.9665
 19-Dec-201815.8055
 19-Sep-201813.5374
 19-Jun-20189.9670
 19-Mar-201811.3261
 19-Dec-201710.9724
 19-Sep-201713.8564
 19-Jun-201714.4067
 20-Mar-201712.8260
 19-Dec-201615.4058
 19-Sep-201614.9336
 20-Jun-201615.9421
 21-Mar-201613.6707
 21-Dec-201515.2992
 21-Sep-201515.2851
 19-Jun-201517.7314
 19-Mar-201515.4094
 19-Dec-201416.8495
 19-Sep-201417.3160
 19-Jun-201420.0089
Dividend19-Sep-201461.1289

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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dateFriday, 25-Sep-2020
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