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1 star

Nippon India Strategic Debt Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.20 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.36 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 17.41 0.05 -0.04 -0.11 1.16 16.47 19.85 -3.60 0.36 3.51 --
VR Bond 1.69 0.02 -0.05 -0.30 1.29 1.77 2.89 6.72 5.84 6.86 --
Debt: Medium Duration 4.94 0.05 -0.01 0.17 1.63 4.16 6.59 6.38 6.79 7.82 --
Rank within category 1 10 15 15 15 1 1 14 -- -- --
Number of funds in category 18 19 19 19 19 18 18 14 13 10 0

As on 21-Oct-2021

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 - Direct Plan  | Invest Online
1 star
Jun-14 19.85 -3.60 0.36 1.43% 270
SBI Magnum Medium Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 5.58 10.08 9.24 0.68% 9,793
ICICI Prudential Medium Term Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 7.18 9.38 8.25 0.68% 7,067
HDFC Medium Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.03 9.36 8.03 0.59% 4,058
IDFC Bond Fund Medium Term Plan - Direct Plan
4 star
Jan-13 3.97 8.80 7.68 0.76% 4,019

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 13.92 06-Jul-2021 - 13-Jul-2021 -25.21 04-Mar-2020 - 11-Mar-2020
Month 14.57 06-Jul-2021 - 05-Aug-2021 -26.63 25-Feb-2020 - 26-Mar-2020
Quarter 15.65 24-Jun-2021 - 23-Sep-2021 -26.22 10-Feb-2020 - 11-May-2020
Year 21.72 18-Sep-2020 - 20-Sep-2021 -29.44 27-Mar-2019 - 26-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -1.88 17.27 -0.34 -0.20 -0.53 -4.32
VR Bond 6.81 2.11 1.36 1.85 -- --
Debt: Medium Duration 6.51 4.84 1.09 1.44 0.45 1.27
Rank within category 14 14 14 14 1 14
Number of funds in category 14 14 14 14 14 14

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 18 21 8 38
Modified Duration (yrs) 2.27 3.15 2.11 2.83
Average Maturity (yrs) 2.76 4.53 2.58 3.46
Yield to Maturity (%) 4.99 13.16 4.53 5.63
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 7.27% GOI 2026 GOI Securities SOV 0.00 - 6.29 5.90
equal 5.44% National Bank Agr. Rur. Devp 2024 Debenture AAA 0.00 - 5.98 5.60
new 6.80% Embassy Office Parks REIT 2026 Non Convertible Debenture AAA 0.00 - 5.57 5.57
equal 6.59% Summit Digitel Infrastructure 16/06/2026 Debenture AAA 0.00 - 5.55 5.55
equal 9.81% L&T Metro Rail (Hyderabad) 18/06/2035 Debenture AAA 0.00 - 4.36 4.08
equal 7.89% Gujarat State 15/05/2025 State Development Loan SOV 0.00 - 3.99 3.99
equal 8.90% State Bank of India Additional Tier 2 Bond AAA 0.00 - 4.25 3.95
equal 6.88% REC 20/03/2025 Debenture AAA 0.00 - 4.09 3.84
equal 8.97% Uttar Pradesh Power Corporation 15/02/2024 Bonds AA 0.00 - 4.11 3.82
equal 6.92% Godrej Industries 14/05/2025 Debenture AA 0.00 - 3.97 3.80
equal 7.25% India Grid Trust 27/06/2025 Non Convertible Debenture AAA 0.00 - 4.04 3.80
equal Bharti Hexacom 19/01/2024 Non Convertible Debenture AA+ 0.00 - 3.73 3.73
equal IndInfravit Trust 2038 Debenture AAA 0.00 - 3.94 3.72
equal 5.35% Telesonic Network 28/04/2023 Debenture AA+ 0.00 - 3.72 3.72
equal 8.35% Piramal Capital & Housing Finance 23/09/2023 Non Convertible Debenture AA 0.00 - 3.70 3.70
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 3.15 3.15
equal 8.01% REC 24/03/2028 Debenture AAA 0.00 - 2.01 2.01
equal 6.79% BSNL 23/09/2030 Non Convertible Debenture AAA 1.77 - 5.70 1.85
equal Others Margin Money -- - 0.01

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

— 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:


0.05%

Change from previous, NAV as on 21-Oct-2021

Growth: ₹ 13.2195

IDCW Quarterly: ₹ 9.4128

More

IDCW: ₹ 11.1500

Bonus: ₹ 13.2214


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
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 26-Jun-2014
Return Since Launch: 3.88%
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)
Riskometer: High
Type: Open-ended
Assets: ₹ 270 Cr (As on 30-Sep-2021)
Expense: 1.43% (As on 30-Sep-2021)
Risk Grade: High
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly19-Mar-20190.0994

 19-Dec-20180.1149
 19-Sep-20180.1118
 19-Mar-20180.0452
 19-Dec-20170.0799
 19-Sep-20170.1624
 19-Jun-20170.1819
 20-Mar-20170.0941
 19-Dec-20160.1878
 19-Sep-20160.2764
 20-Jun-20160.1522
 21-Mar-20160.1278
 21-Dec-20150.1724
 21-Sep-20150.1346
 19-Jun-20150.1296
 19-Mar-20150.1982
 19-Dec-20140.1928
 19-Sep-20140.1390
IDCW06-May-20161.2247

 19-Sep-20140.1375

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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