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4 star

Nippon India Low Duration Fund


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.05 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 2.53 0.02 0.09 0.42 1.22 2.46 5.06 6.76 6.85 7.36 7.99
CCIL T Bill Liquidity Weight 1.11 0.00 0.03 0.22 0.55 1.02 2.11 3.49 3.73 4.18 4.58
Debt: Low Duration 2.05 0.01 0.07 0.37 1.02 2.00 4.33 4.79 5.62 6.35 7.28
Rank within category 2 5 3 2 3 1 4 9 9 8 5
Number of funds in category 24 24 24 24 24 24 24 24 23 21 19

As on 23-Jul-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  | Invest Online
4 star
Mar-07 5.06 6.76 6.85 1.04 9,368
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 5.15 7.61 7.51 0.53 32,102
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 5.16 7.13 7.00 1.04 26,073
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 4.58 7.13 7.00 1.22 19,096
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 4.48 7.17 7.29 1.19 13,850

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 2.11 24-Mar-2020 - 23-Apr-2020 -1.40 31-May-2019 - 01-Jul-2019
Quarter 3.54 24-Mar-2020 - 24-Jun-2020 -0.19 02-Apr-2019 - 02-Jul-2019
Year 10.11 24-Jul-2013 - 24-Jul-2014 4.95 15-Jul-2009 - 15-Jul-2010

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.64 1.60 1.51 1.35 0.64 2.91
CCIL T Bill Liquidity Weight 3.46 0.39 -1.92 -4.74 -- --
Debt: Low Duration 4.95 4.24 1.35 2.62 -0.51 0.35
Rank within category 10 14 13 14 12 13
Number of funds in category 24 24 24 24 24 24

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

As on 30-Jun-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 84 85 58 63
Modified Duration (yrs) 0.78 0.92 0.73 0.75
Average Maturity (yrs) 0.93 1.14 0.85 0.95
Yield to Maturity (%) 4.88 5.64 4.29 4.37
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
up 8.79% GOI 2021 Central Government Loan SOV 0.00 - 6.46 6.46
new Reserve Bank of India 182-D 02/12/2021 Treasury Bills SOV 0.00 - 5.26 5.26
new Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 3.52 3.52
equal Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 3.50 3.42
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 4.33 3.22
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 4.23 3.16
down 8.64% Madhya Pradesh State 20/02/2023 State Development Loan SOV 0.00 - 4.21 3.11
equal Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 2.98 - 5.04 2.99
equal 8.07% Bajaj Housing Finance 2022 Non Convertible Debenture AAA 0.00 - 3.69 2.75
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.54 - 3.91 2.72
new Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 2.62 2.62
equal IndInfravit Trust 2038 Debenture AAA 0.00 - 2.62 2.54
equal 7.67% L&T Infrastructre Finance 18/03/2022 Non Convertible Debenture AAA 1.54 - 3.83 2.18
equal Piramal Enterprises 90-D 23/08/2021 Commercial Paper A1+ 0.00 - 2.15 2.11
equal Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 2.15 2.11
down Reserve Bank of India 182-D 14/10/2021 Treasury Bills SOV 0.00 - 2.22 1.85
equal 9.50% Piramal Capital & Housing Finance 15/04/2022 Debenture AA 0.00 - 1.71 1.62
equal Citicorp Finance 21/09/2022 Non Convertible Debenture AAA 0.00 - 2.13 1.60
equal Reliance Industries 153-D 09/09/2021 Commercial Paper A1+ 0.00 - 1.67 1.59
new India Grid Trust 2023 Debenture AAA 0.00 - 1.53 1.53
equal 6.70% Embassy Office Parks REIT 2023 Non Convertible Debenture AAA 0.00 - 2.01 1.51
down India Grid Trust 14/02/2029 Non Convertible Debenture AAA 1.36 - 4.40 1.36
equal Tata Capital Financial Services 2022 Debenture AAA 0.00 - 1.73 1.32
equal 7.40% Muthoot Finance 2024 Debenture AA+ 0.00 - 1.58 1.24
equal 8.50% Muthoot Finance 2022 Debenture AA+ 0.00 - 1.24 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 30-Jun-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:


0.02%

Change from previous, NAV as on 23-Jul-2021

Growth: ₹ 2,970.0915

IDCW Weekly: ₹ 1,010.5323

More

IDCW Quarterly: ₹ 1,016.6896

IDCW Monthly: ₹ 1,020.2204

IDCW Daily: ₹ 1,010.2378

IDCW: ₹ 1,629.1322

Bonus: ₹ 1,724.4535


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

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 20-Mar-2007
Return Since Launch: 7.88%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 9,368 Cr (As on 30-Jun-2021)
Expense: 1.04% (As on 30-Jun-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily23-Jul-20210.1423

 22-Jul-20210.2836
 20-Jul-20210.1424
 19-Jul-20210.4233
 16-Jul-20210.1413
 15-Jul-20210.1789
 14-Jul-20210.1405
 13-Jul-20210.1408
 12-Jul-20210.4211
 09-Jul-20210.1499
 08-Jul-20210.1401
 07-Jul-20210.1404
 06-Jul-20210.1401
 05-Jul-20210.4083
 02-Jul-20210.1392
 01-Jul-20210.1610
 30-Jun-20210.1486
 29-Jun-20210.1755
 28-Jun-20210.3298
 24-Jun-20210.1438
 23-Jun-20210.1453
 22-Jun-20210.1557
 21-Jun-20210.4294
 18-Jun-20210.1415
 17-Jun-20210.1490
IDCW Monthly19-Jul-20213.7789

 21-Jun-20214.0889
 19-May-20214.4099
 19-Apr-20215.7754
 19-Mar-20212.9369
 22-Feb-20211.2217
 19-Jan-20211.7491
 21-Dec-20202.6629
 19-Nov-20204.7157
 19-Oct-20205.5319
 21-Sep-20202.6689
 19-Aug-20203.2417
 20-Jul-20209.2547
 19-Jun-20208.2268
 20-Apr-202013.3881
 20-Feb-20205.5133
 20-Jan-20203.9441
 19-Dec-20192.2416
 19-Nov-20194.0693
 22-Oct-20195.5636
 19-Sep-20195.6622
 19-Aug-20194.2320
 20-May-20193.6805
 22-Apr-20196.2827
 19-Mar-20196.1294
IDCW Weekly20-Jul-20211.0254

 13-Jul-20210.9909
 06-Jul-20210.9963
 29-Jun-20210.7938
 22-Jun-20211.0163
 15-Jun-20210.7755
 08-Jun-20211.1064
 01-Jun-20211.0193
 25-May-20211.0651
 18-May-20210.9075
 11-May-20210.9901
 04-May-20211.0675
 27-Apr-20211.0330
 20-Apr-20210.7353
 15-Apr-20211.3332
 06-Apr-20211.0185
 30-Mar-20210.9860
 23-Mar-20211.8115
 09-Mar-20210.8568
 02-Mar-20210.9675
 23-Feb-20210.5063
 16-Feb-20211.2792
 09-Feb-20210.3814
 02-Feb-20210.6778
 27-Jan-20211.0376
IDCW Quarterly21-Jun-202116.3413

 19-Mar-20216.8237
 21-Dec-202012.7462
 21-Sep-202018.7683
 19-Jun-202026.2556
 19-Mar-20205.1690
 19-Dec-201915.0700
 19-Sep-201918.6673
 19-Jun-20193.7097
 19-Mar-201915.4006
 19-Dec-201815.2320
 19-Sep-201812.9532
 19-Jun-20189.3816
 19-Mar-201810.7298
 19-Dec-201710.3844
 19-Sep-201713.2586
 19-Jun-201713.8045
 20-Mar-201712.2348
 19-Dec-201614.8104
 19-Sep-201614.3459
 20-Jun-201614.8818
 21-Mar-201613.1296
 21-Dec-201514.6605
 21-Sep-201514.7324
 19-Jun-201516.5232
IDCW19-Sep-201457.8673

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

Last Session

Investors' Hangout

How to crash-proof your equity investments

DateFriday, 23-Jul-2021
Time12:30 PM - 01:00 PM

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