1 LakhInvestment declined to
₹ 10000Monthly SIP Declined to
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:
|Debt: Medium Duration||4.46||0.03||0.02||0.26||2.21||5.72||5.92||6.32||7.59||--||--|
|Rank within category||16||6||18||18||17||17||16||--||--||--||--|
|Number of funds in category||16||18||18||18||17||17||16||14||13||9||0|
As on 18-Sep-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Nippon India Strategic Debt Fund - Direct Plan | Invest Online||Jun-14||-25.91||-8.25||-0.95||1.52||343|
|ICICI Prudential Medium Term Bond Fund - Direct Plan | Invest Now||Jan-13||10.45||7.90||8.86||0.98||5,088|
|SBI Magnum Medium Duration Fund - Direct Plan | Invest Online||Jan-13||11.71||9.42||10.52||0.77||4,019|
|IDFC Bond Fund Medium Term Plan - Direct Plan||Jan-13||9.95||8.44||8.77||0.75||3,647|
|HDFC Medium Term Debt Fund - Direct Plan | Invest Online||Jan-13||9.39||8.16||8.73||0.49||1,161|
|Best (Period)||Worst (Period)|
|Week||2.35 (24-Mar-2020 - 31-Mar-2020)||-25.21 (04-Mar-2020 - 11-Mar-2020)|
|Month||2.87 (23-Mar-2020 - 22-Apr-2020)||-26.63 (25-Feb-2020 - 26-Mar-2020)|
|Quarter||4.94 (05-Jul-2016 - 05-Oct-2016)||-26.22 (10-Feb-2020 - 11-May-2020)|
|Year||13.84 (24-Nov-2015 - 24-Nov-2016)||-29.44 (27-Mar-2019 - 26-Mar-2020)|
|Debt: Medium Duration||5.23||4.52||0.41||0.92||0.56||-0.63|
|Rank within category||15||15||15||14||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
|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|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Indian Receivable Trust 26/01/2040||Securitised Debt||A||0.00 - 47.52||47.52|
|Indian Receivable Trust 2044||Securitised Debt||A||0.00 - 18.30||18.30|
|8.90% Indiabulls Housing Finance 26/09/2021||Bonds||AA||0.00 - 4.37||4.37|
|8.35% Indiabulls Housing Finance 2024||Non Convertible Debenture||AA||0.00 - 0.09||0.09|
|JM Fin Asset Reconstruction co 15/09/2021||Zero Coupon Bonds||AA-||0.01 - 0.07||0.07|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Aug-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.
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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.
|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|
|Fund House:||Nippon India Mutual Fund|
|Return Since Launch:||1.35%|
|Benchmark:||CRISIL AAA Medium-Term Bond Index (25), CRISIL AA+ Medium Term Bond (25), CRISIL AA Medium Term Bond (25), CRISIL AA- Medium Term Bond (25)|
|Assets:||₹ 343 Cr (As on 31-Aug-2020)|
|Expense:||1.52% (As on 31-Aug-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 11-Oct-2018
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: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]