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1 star

Nippon India Strategic Debt Fund


1 Lakh

Investment declined to
₹ 0.74 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.03 Lakh

Suitability:

Medium Duration debt funds invest mainly in bonds maturing in about three to four years. They aim to earn better returns than 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.

Retail investors can avoid these funds altogether. We believe that Short Duration funds are a better alternative for the fixed-income allocation in an investor’s portfolio.

We also believe that investors with an investment horizon of more than three years may consider investing some portion of their money in equity funds to earn higher returns. They witness more severe ups and downs than debt funds but the possibility of incurring a loss reduces with an increase in one’s investment horizon.

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 -26.05 0.04 -2.52 -2.09 -2.16 -0.40 -26.42 -9.06 -1.82 -- --
VR Bond 5.51 0.01 0.04 -0.16 0.76 3.23 6.92 6.70 7.18 -- --
Debt: Medium Duration 4.15 0.03 0.00 0.16 2.02 5.53 5.13 5.56 6.79 -- --
Rank within category 17 6 20 20 18 18 16 -- -- -- --
Number of funds in category 17 20 20 20 18 18 16 14 13 9 7

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 Strategic Debt Fund  | Invest Online
1 star
Jun-14 -26.42 -9.06 -1.82 2.07 343
ICICI Prudential Medium Term Bond Fund  | Invest Now
4 star
Sep-04 9.81 7.14 7.99 1.63 5,088
SBI Magnum Medium Duration Fund  | Invest Online
5 star
Nov-03 11.25 8.76 9.65 1.25 4,019
IDFC Bond Fund Medium Term Plan - Regular Plan
4 star
Jul-03 9.22 7.73 8.07 1.43 3,647
HDFC Medium Term Debt Fund  | Invest Online
4 star
Feb-02 8.50 7.29 7.98 1.49 1,161

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.33 (24-Mar-2020 - 31-Mar-2020) -25.21 (04-Mar-2020 - 11-Mar-2020)
Month 2.82 (23-Mar-2020 - 22-Apr-2020) -26.67 (25-Feb-2020 - 26-Mar-2020)
Quarter 4.70 (05-Jul-2016 - 05-Oct-2016) -26.35 (10-Feb-2020 - 11-May-2020)
Year 12.85 (24-Nov-2015 - 24-Nov-2016) -30.01 (27-Mar-2019 - 26-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -7.44 14.95 -0.84 -0.39 -0.07 -12.49
VR Bond 6.44 2.10 0.62 1.17 -- --
Debt: Medium Duration 4.50 4.52 0.20 0.60 0.56 -1.36
Rank within category 15 15 15 12 2 15
Number of funds in category 15 15 15 15 15 15

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 5 53 5 31
Modified Duration (yrs) 2.68 3.13 2.32 3.43
Average Maturity (yrs) 4.55 5.17 3.47 4.37
Yield to Maturity (%) 13.53 15.79 11.70 7.29

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Indian Receivable Trust 26/01/2040 Securitised Debt A 0.00 - 47.52 47.52
equal Indian Receivable Trust 2044 Securitised Debt A 0.00 - 18.30 18.30
equal 8.90% Indiabulls Housing Finance 26/09/2021 Bonds AA 0.00 - 4.37 4.37
equal 8.35% Indiabulls Housing Finance 2024 Non Convertible Debenture AA 0.00 - 0.09 0.09
equal JM Fin Asset Reconstruction co 15/09/2021 Zero Coupon Bonds AA- 0.01 - 0.07 0.07

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

— Sushil Budhia since 01-Feb-2020

Education: Mr. Budhia has done CA

Experience: Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.

Funds Managed:


0.04%

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

Growth: ₹ 10.3050

Dividend Quarterly: ₹ 7.6010

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Dividend: ₹ 8.8180

Bonus: ₹ 10.3068


Investment Strategy

The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.

Investment Details

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 1% for redemption within 365 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 26-Jun-2014
Return Since Launch: 0.48%
Benchmark: CRISIL AA- Medium Term Bond (25), CRISIL AA Medium Term Bond (25), CRISIL AA+ Medium Term Bond (25), CRISIL AAA Medium-Term Bond Index (25)
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 343 Cr (As on 31-Aug-2020)
Expense: 2.07% (As on 31-Aug-2020)
Risk Grade: High
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly19-Mar-20190.0832

 19-Dec-20180.0970
 19-Sep-20180.0921
 19-Mar-20180.0294
 19-Dec-20170.0615
 19-Sep-20170.1454
 19-Jun-20170.1644
 20-Mar-20170.0798
 19-Dec-20160.1733
 19-Sep-20160.2563
 20-Jun-20160.1377
 21-Mar-20160.1140
 21-Dec-20150.1587
 21-Sep-20150.1208
 19-Jun-20150.1174
 19-Mar-20150.1858
 19-Dec-20140.1782
 19-Sep-20140.1266
Dividend06-May-20161.1128

 19-Sep-20140.1253

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

Upcoming Video

Investors' Hangout

Making sense of the rising market and shrinking GDP

dateFriday, 25-Sep-2020
time12:30 PM - 01:00 PM