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Unrated

Nippon India Low Duration Fund - Retail Plan


1 Lakh

Investment Grown to
₹ 1.04 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 3.42 0.01 0.05 0.25 0.93 2.15 4.44 6.27 6.27 6.82 7.48
CCIL T Bill Liquidity Weight 1.64 0.03 0.00 0.11 0.53 1.08 2.06 3.34 3.61 4.04 4.52
Debt: Low Duration 3.49 0.00 0.04 0.46 1.42 2.46 4.46 4.74 5.46 6.25 7.21

As on 22-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 - Retail Plan
Unrated
Mar-07 4.44 6.27 6.27 0.55% 8,298
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 5.08 7.55 7.34 0.52% 28,496
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 4.49 6.98 6.69 1.04% 22,082
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 3.90 6.88 6.73 1.23% 17,539
Axis Treasury Advantage Fund
4 star
Oct-09 4.00 6.99 6.86 0.61% 10,509

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.68 24-Mar-2020 - 31-Mar-2020 -1.92 03-Jun-2019 - 10-Jun-2019
Month 2.10 24-Mar-2020 - 23-Apr-2020 -1.44 31-May-2019 - 01-Jul-2019
Quarter 3.52 24-Mar-2020 - 24-Jun-2020 -0.31 02-Apr-2019 - 02-Jul-2019
Year 9.77 24-Jul-2013 - 24-Jul-2014 4.44 22-Oct-2020 - 22-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.23 1.59 1.44 1.33 0.61 2.66
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Low Duration 4.96 4.36 1.42 2.87 -0.67 0.61

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
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 4.23 3.54
down Axis Bank 27/04/2022 Certificate of Deposit A1+ 0.00 - 3.80 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 Shriram Transport Finance Company 28/04/2023 Debenture AA+ 0.00 - 1.27 1.27
equal 8.57% Haryana State 23/01/2023 State Development Loan SOV 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 09-Oct-2009

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 22-Oct-2021

Growth: ₹ 2,860.4730

IDCW Weekly: ₹ 1,009.1708

More

IDCW Quarterly: ₹ 1,014.0659

IDCW Monthly: ₹ 1,022.3932

IDCW Daily: ₹ 1,008.9715

Bonus: ₹ 2,131.5897


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 (₹) 5,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 20-Mar-2007
Return Since Launch: 7.46%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 8,298 Cr (As on 30-Sep-2021)
Expense: 0.55% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily22-Oct-20210.0640

 21-Oct-20210.0890
 20-Oct-20210.0248
 18-Oct-20210.2783
 14-Oct-20210.1060
 13-Oct-20210.1997
 12-Oct-20210.2910
 11-Oct-20210.3008
 08-Oct-20210.2072
 07-Oct-20210.1436
 04-Oct-20210.4111
 01-Oct-20210.0971
 28-Sep-20210.2037
 27-Sep-20210.4077
 24-Sep-20210.1370
 23-Sep-20210.1372
 22-Sep-20210.1351
 21-Sep-20210.1552
 20-Sep-20210.4090
 17-Sep-20210.1360
 16-Sep-20210.1365
 15-Sep-20210.1191
 14-Sep-20210.0054
 13-Sep-20210.6247
 09-Sep-20210.1169
IDCW Monthly20-Oct-20212.4049

 20-Sep-20212.6274
 20-Aug-20214.1554
 19-Jul-20213.7268
 21-Jun-20214.0201
 19-May-20214.3473
 19-Apr-20215.7208
 19-Mar-20212.8876
 22-Feb-20211.1635
 19-Jan-20211.6960
 21-Dec-20202.6099
 19-Nov-20204.6575
 19-Oct-20205.4887
 21-Sep-20202.6109
 19-Aug-20203.1950
 20-Jul-20209.2126
 19-Jun-20208.1838
 20-Apr-202011.8198
 20-Feb-20205.4764
 20-Jan-20203.8500
 19-Dec-20191.9970
 19-Nov-20193.8532
 22-Oct-20195.3231
 19-Sep-20195.4106
 19-Aug-20193.9688
IDCW Weekly20-Oct-20210.6093

 12-Oct-20210.9453
 05-Oct-20210.5065
 28-Sep-20211.0215
 21-Sep-20210.9565
 14-Sep-20210.7472
 07-Sep-20210.2740
 31-Aug-20210.5799
 24-Aug-20210.9685
 17-Aug-20211.0878
 10-Aug-20210.9987
 03-Aug-20211.0352
 27-Jul-20210.9810
 20-Jul-20211.0097
 13-Jul-20210.9753
 06-Jul-20210.9808
 29-Jun-20210.7781
 22-Jun-20211.0009
 15-Jun-20210.7602
 08-Jun-20211.0909
 01-Jun-20211.0037
 25-May-20211.0497
 18-May-20210.8920
 11-May-20210.9745
 04-May-20211.0519
IDCW Quarterly20-Sep-202111.8956

 21-Jun-202116.1354
 19-Mar-20216.6225
 21-Dec-202012.5425
 21-Sep-202018.5621
 19-Jun-202026.0900
 19-Mar-202015.4066
 19-Dec-201914.9486
 19-Sep-201918.0419
 19-Jun-20193.7817
 19-Mar-201914.7624
 19-Dec-201814.5930
 19-Sep-201812.2464
 19-Jun-20188.6830
 19-Mar-201810.1221
 19-Dec-20179.7349
 19-Sep-201712.6440
 19-Jun-201713.2109
 20-Mar-201711.6133
 19-Dec-201614.2286
 19-Sep-201613.8320
 20-Jun-201616.0575
 21-Mar-201612.5577
 21-Dec-201514.2122
 21-Sep-201514.1810

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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