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4 star

Nippon India Low Duration Fund - Direct Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 4.09 0.02 0.05 0.29 1.13 2.54 5.21 7.10 7.10 7.63 --
CCIL T Bill Liquidity Weight 1.64 0.00 0.02 0.10 0.49 1.04 2.01 3.31 3.61 4.04 --
Debt: Low Duration 3.92 0.02 0.04 0.53 1.55 2.71 4.94 5.22 5.93 6.71 --
Rank within category 3 9 6 7 6 6 4 8 7 6 --
Number of funds in category 24 24 24 24 24 24 24 24 23 21 0

As on 25-Oct-2021

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
4 star
Jan-13 5.21 7.10 7.10 0.33% 8,298
ICICI Prudential Savings Fund - Direct Plan  | Invest Now
4 star
Jan-13 5.15 7.66 7.47 0.40% 28,496
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 5.14 7.63 7.37 0.44% 22,082
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.72 7.76 7.63 0.40% 17,539
Axis Treasury Advantage Fund - Direct Plan
4 star
Jan-13 4.30 7.32 7.30 0.30% 10,509

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 5.24 22-Oct-2020 - 22-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.02 1.60 1.92 1.78 0.62 3.45
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Low Duration 5.42 4.36 1.72 3.40 -0.68 1.07
Rank within category 8 14 13 14 11 12
Number of funds in category 24 24 24 24 24 24

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

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 76 87 70 60
Modified Duration (yrs) 0.61 0.92 0.61 0.67
Average Maturity (yrs) 0.75 1.14 0.75 0.97
Yield to Maturity (%) 4.55 4.98 4.29 4.44
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down Reserve Bank of India 182-D 02/12/2021 Treasury Bills SOV 0.00 - 9.59 9.59
equal Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 4.01 4.01
down Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 3.60 3.60
down Axis Bank 27/04/2022 Certificate of Deposit A1+ 0.00 - 3.80 3.54
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 4.23 3.54
equal Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 2.75 - 3.91 3.41
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.50 - 2.92 3.10
new 8.15% GOI 2022 Central Government Loan SOV 0.00 - 3.10 3.10
equal 8.07% Bajaj Housing Finance 2022 Non Convertible Debenture AAA 0.00 - 3.69 3.09
down Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 3.55 2.93
equal IndInfravit Trust 2038 Debenture AAA 0.00 - 2.90 2.90
up 6.60% REC 21/03/2022 Debenture AAA 0.99 - 2.44 2.44
equal Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 2.40 2.40
up 5.40% Nabha Power 15/05/2023 Debenture AAA 0.00 - 2.12 2.12
down 8.20% GOI 15/02/2022 Central Government Loan SOV 0.79 - 4.33 1.76
equal 6.70% Embassy Office Parks REIT 2023 Non Convertible Debenture AAA 1.39 - 2.01 1.71
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 1.25 - 3.27 1.55
equal Tata Capital Financial Services 2022 Debenture AAA 0.00 - 1.73 1.51
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 0.00 - 3.46 1.47
equal 7.40% Muthoot Finance 2024 Debenture AA+ 0.00 - 1.58 1.42
up 6.22% HDFC 2021 Debenture AAA 0.00 - 1.39 1.39
equal 8.57% Haryana State 23/01/2023 State Development Loan SOV 0.00 - 1.27 1.27
equal Shriram Transport Finance Company 28/04/2023 Debenture AA+ 0.00 - 1.27 1.27
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 1.23 1.23
equal 6.94% Bajaj Housing Finance 25/03/2022 Bonds/NCDs AAA 0.99 - 1.48 1.22

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-Sep-2021

Fund Manager

— Anju Chhajer since 01-Jan-2013

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

Experience: Prior to joining Nippon India 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 Nippon India Mutual Fund since 2006.

Funds Managed:


0.02%

Change from previous, NAV as on 25-Oct-2021

Growth: ₹ 3,109.4702

IDCW Weekly: ₹ 1,009.3888

More

IDCW Quarterly: ₹ 1,015.0920

IDCW Monthly: ₹ 1,027.1974

IDCW Daily: ₹ 1,009.0612

IDCW: ₹ 1,694.9333

Bonus: ₹ 1,806.2801


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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.05%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 8,298 Cr (As on 30-Sep-2021)
Expense: 0.33% (As on 30-Sep-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily25-Oct-20210.2289

 22-Oct-20210.0853
 21-Oct-20210.1103
 20-Oct-20210.0673
 18-Oct-20210.3636
 14-Oct-20210.1274
 13-Oct-20210.2210
 12-Oct-20210.3123
 11-Oct-20210.3648
 08-Oct-20210.2286
 07-Oct-20210.1836
 06-Oct-20210.0048
 05-Oct-20210.0192
 04-Oct-20210.4751
 01-Oct-20210.1595
 30-Sep-20210.0015
 28-Sep-20210.2252
 27-Sep-20210.4717
 24-Sep-20210.1583
 23-Sep-20210.1587
 22-Sep-20210.1565
 21-Sep-20210.1765
 20-Sep-20210.4731
 17-Sep-20210.1575
 16-Sep-20210.1578
IDCW Monthly20-Oct-20213.0485

 20-Sep-20213.2521
 20-Aug-20214.8518
 19-Jul-20214.3286
 21-Jun-20214.7383
 19-May-20215.0031
 19-Apr-20216.3574
 19-Mar-20213.4216
 22-Feb-20211.7349
 19-Jan-20212.2251
 21-Dec-20203.1849
 19-Nov-20205.2886
 19-Oct-20206.0167
 21-Sep-20203.2061
 19-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
IDCW Weekly20-Oct-20210.7793

 12-Oct-20211.0941
 05-Oct-20210.6548
 28-Sep-20211.1704
 21-Sep-20211.1052
 14-Sep-20210.8965
 07-Sep-20210.4232
 31-Aug-20210.7287
 24-Aug-20211.1173
 17-Aug-20211.2368
 10-Aug-20211.1472
 03-Aug-20211.1841
 27-Jul-20211.1297
 20-Jul-20211.1588
 13-Jul-20211.1244
 06-Jul-20211.1299
 29-Jun-20210.9269
 22-Jun-20211.1499
 15-Jun-20210.9092
 08-Jun-20211.2398
 01-Jun-20211.1529
 25-May-20211.1987
 18-May-20211.0410
 11-May-20211.1234
 04-May-20211.2006
IDCW Quarterly20-Sep-202113.8619

 21-Jun-202118.1344
 19-Mar-20218.5970
 21-Dec-202014.5588
 21-Sep-202020.5948
 19-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
IDCW19-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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