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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
₹ 1.22 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 0.20 0.01 0.10 0.29 0.81 1.88 4.16 5.81 6.09 6.66 7.35
CCIL T Bill Liquidity Weight 0.09 0.02 0.03 0.21 0.49 1.07 2.12 3.13 3.51 3.93 4.43
Debt: Low Duration 0.16 0.01 0.10 0.27 0.74 1.90 3.82 4.23 5.23 6.05 7.05

As on 14-Jan-2022

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 4.16 5.81 6.09 0.55% 9,905
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 3.76 6.91 6.98 0.52% 26,625
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 3.69 6.48 6.44 1.04% 19,527
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 3.70 6.38 6.52 1.23% 15,125
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 3.58 6.44 6.74 1.18% 10,161

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 3.97 06-Jan-2021 - 06-Jan-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.75 1.59 1.27 1.24 0.61 2.38
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Low Duration 4.46 4.36 1.22 2.76 -0.84 0.22

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 88 89 70 56
Modified Duration (yrs) 0.75 0.92 0.61 0.67
Average Maturity (yrs) 0.81 1.14 0.75 0.90
Yield to Maturity (%) 4.80 4.98 4.34 4.89
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 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 5.48 5.19
new 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 4.80 4.80
up 8.15% GOI 2022 Central Government Loan SOV 0.00 - 3.99 3.99
new HDFC Bank 13/12/2022 Certificate of Deposit A1+ 0.00 - 3.87 3.87
new Reserve Bank of India 364-D 07/04/2022 Treasury Bills SOV 0.00 - 3.50 3.50
equal Axis Bank 27/04/2022 Certificate of Deposit A1+ 0.00 - 3.80 2.99
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.79 - 4.33 2.83
equal 8.07% Bajaj Housing Finance 2022 Non Convertible Debenture AAA 2.52 - 3.69 2.56
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.50 - 2.88 2.55
equal Axis Bank 19/09/2022 Certificate of Deposit A1+ 0.00 - 2.56 2.45
equal IndInfravit Trust 2038 Debenture AAA 0.00 - 2.90 2.40
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 2.25 2.14
equal 5.30% HDFC 2023 Debenture AAA 0.00 - 2.13 2.02
equal 4.98% Kotak Mahindra Prime 29/03/2023 Non Convertible Debenture AAA 0.00 - 2.12 2.01
new 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.00 - 1.78 1.78
equal 6.70% Embassy Office Parks REIT 2023 Non Convertible Debenture AAA 1.39 - 1.99 1.43
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 1.25 - 3.20 1.29
new 7.10% Bajaj Finance 2023 Debenture AAA 0.00 - 1.29 1.29
equal Tata Capital Financial Services 2022 Debenture AAA 0.00 - 1.73 1.28
equal 5.40% Nabha Power 15/05/2023 Debenture AAA 0.00 - 2.12 1.26
new 5.06% HDFC 16/06/2023 Non Convertible Debenture AAA 0.00 - 1.26 1.26
equal Sikka Ports and Terminals 242-D 24/06/2022 Commercial Paper A1+ 0.00 - 1.29 1.24
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 0.00 - 3.23 1.22
down 7.67% L&T Infrastructre Finance 18/03/2022 Non Convertible Debenture AAA 1.00 - 2.92 1.22
down Axis Bank 16/11/2022 Certificate of Deposit A1+ 0.00 - 1.53 1.21

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-Dec-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 14-Jan-2022

Growth: ₹ 2,882.3769

IDCW Weekly: ₹ 1,009.5578

More

IDCW Quarterly: ₹ 1,013.9095

IDCW Monthly: ₹ 1,025.3441

IDCW Daily: ₹ 1,008.9715

Bonus: ₹ 2,147.9176


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

Min. Investment (₹) 500
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 60
Min. Withdrawal (₹) 100
Min. 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: 7.40%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 9,905 Cr (As on 31-Dec-2021)
Expense: 0.55% (As on 28-Feb-2017)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily14-Jan-20220.1493

 13-Jan-20220.2542
 12-Jan-20220.1362
 11-Jan-20220.2278
 10-Jan-20220.2776
 07-Jan-20220.2094
 06-Jan-20220.0938
 05-Jan-20220.2075
 04-Jan-20220.0173
 03-Jan-20220.3930
 31-Dec-20210.1839
 30-Dec-20210.1797
 29-Dec-20210.0697
 27-Dec-20210.3516
 24-Dec-20210.0775
 15-Dec-20210.0854
 13-Dec-20210.2776
 10-Dec-20210.0374
 09-Dec-20210.0485
 08-Dec-20210.3028
 07-Dec-20210.0900
 06-Dec-20210.3586
 03-Dec-20210.0547
 02-Dec-20210.1965
 01-Dec-20210.1577
IDCW Weekly11-Jan-20221.0169

 04-Jan-20220.8699
 28-Dec-20210.4899
 14-Dec-20210.6659
 07-Dec-20210.8580
 30-Nov-20210.5232
 23-Nov-20210.6542
 16-Nov-20210.7236
 09-Nov-20211.1077
 02-Nov-20210.1144
 26-Oct-20210.2921
 20-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
IDCW Monthly20-Dec-20212.1265

 22-Nov-20212.7259
 20-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
IDCW Quarterly20-Dec-20217.8975

 20-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

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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