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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 4.54 0.01 0.10 0.39 0.93 2.31 4.91 6.89 6.96 7.55 --
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 --
Debt: Low Duration 4.29 0.01 0.07 0.33 1.31 2.54 4.73 5.01 5.77 6.61 --
Rank within category 3 13 3 1 3 5 4 8 7 6 --
Number of funds in category 24 24 24 24 24 24 24 24 23 21 0

As on 03-Dec-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 4.91 6.89 6.96 0.33% 9,621
ICICI Prudential Savings Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.46 7.35 7.20 0.40% 31,730
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.66 7.41 7.15 0.44% 21,669
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.40 7.52 7.45 0.40% 17,415
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 4.38 7.56 7.62 0.41% 11,005

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 4.85 27-Nov-2020 - 29-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.71 1.60 1.83 1.80 0.64 3.32
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Low Duration 5.11 4.37 1.60 3.37 -0.78 0.85
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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 86 87 70 60
Modified Duration (yrs) 0.69 0.92 0.61 --
Average Maturity (yrs) 0.80 1.14 0.75 --
Yield to Maturity (%) 4.71 4.98 4.29 --
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
equal Reserve Bank of India 182-D 02/12/2021 Treasury Bills SOV 0.00 - 9.59 8.29
equal Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 4.01 3.47
equal Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 3.60 3.11
equal Axis Bank 27/04/2022 Certificate of Deposit A1+ 0.00 - 3.80 3.06
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 4.23 3.04
equal Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 2.75 - 3.91 2.96
up 8.20% GOI 15/02/2022 Central Government Loan SOV 0.79 - 4.33 2.93
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 3.10 2.66
equal 8.07% Bajaj Housing Finance 2022 Non Convertible Debenture AAA 0.00 - 3.69 2.65
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.50 - 2.88 2.65
equal Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 3.55 2.54
equal IndInfravit Trust 2038 Debenture AAA 0.00 - 2.90 2.50
new 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 2.21 2.21
equal Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 2.40 2.08
new 4.98% Kotak Mahindra Prime 29/03/2023 Non Convertible Debenture AAA 0.00 - 2.08 2.08
equal 5.40% Nabha Power 15/05/2023 Debenture AAA 0.00 - 2.12 1.82
new 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 1.65 1.65
equal 6.70% Embassy Office Parks REIT 2023 Non Convertible Debenture AAA 1.39 - 1.99 1.47
new 8.90% State Bank of India Additional Tier 2 Bond AAA 0.00 - 1.38 1.38
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 1.25 - 3.20 1.33
equal Tata Capital Financial Services 2022 Debenture AAA 0.00 - 1.73 1.31
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 0.00 - 3.46 1.27
new Sikka Ports and Terminals 242-D 24/06/2022 Commercial Paper A1+ 0.00 - 1.26 1.26
equal 7.40% Muthoot Finance 2024 Debenture AA+ 0.00 - 1.58 1.22
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 1.39 1.20

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-Oct-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:


0.01%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 3,122.8540

IDCW Weekly: ₹ 1,009.4370

More

IDCW Quarterly: ₹ 1,019.4611

IDCW Monthly: ₹ 1,028.1791

IDCW Daily: ₹ 1,009.0612

IDCW: ₹ 1,702.2282

Bonus: ₹ 1,814.0547


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: 8.00%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 9,621 Cr (As on 31-Oct-2021)
Expense: 0.33% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Dec-20210.0760

 02-Dec-20210.2180
 01-Dec-20210.1790
 30-Nov-20210.1720
 29-Nov-20210.3287
 26-Nov-20210.0940
 25-Nov-20210.0774
 23-Nov-20210.1326
 22-Nov-20210.4271
 18-Nov-20210.2199
 17-Nov-20210.0235
 16-Nov-20210.1630
 15-Nov-20210.3908
 12-Nov-20210.0787
 11-Nov-20210.0609
 10-Nov-20210.1790
 09-Nov-20210.2315
 08-Nov-20210.8873
 03-Nov-20210.1379
 02-Nov-20210.1091
 01-Nov-20210.1495
 25-Oct-20210.2289
 22-Oct-20210.0853
 21-Oct-20210.1103
 20-Oct-20210.0673
IDCW Weekly30-Nov-20210.6719

 23-Nov-20210.8030
 16-Nov-20210.8721
 09-Nov-20211.2569
 02-Nov-20210.2634
 26-Oct-20210.4195
 20-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
IDCW Monthly22-Nov-20213.4364

 20-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
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 Life India Asset Management Ltd.

Address: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai - 400013

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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