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3 star

Nippon India Low Duration Fund


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 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 6.29 0.04 0.14 0.69 1.52 4.03 7.60 7.15 7.41 7.85 8.28
CCIL T Bill Liquidity Weight 2.74 0.00 0.07 0.25 0.60 1.26 3.29 3.96 4.15 4.57 4.77
Debt: Low Duration 5.49 0.03 0.11 0.63 1.33 4.87 6.24 5.08 6.11 6.72 7.44
Rank within category 11 5 5 8 7 13 9 12 12 8 7
Number of funds in category 25 25 25 25 25 25 25 25 24 22 19

As on 26-Oct-2020

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
3 star
Mar-07 7.60 7.15 7.41 1.04 5,283
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 8.43 7.99 8.13 0.55 19,922
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 7.84 7.63 7.64 1.22 13,927
SBI Magnum Low Duration Fund  | Invest Online
5 star
Jul-07 7.09 7.54 7.59 1.10 9,746
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 8.37 7.86 8.07 1.12 8,418

Best & Worst Performance

Best (Period) Worst (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 6.92 1.59 1.17 1.02 0.42 2.34
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Low Duration 5.14 4.37 1.09 2.26 -0.74 -0.78
Rank within category 11 14 13 13 12 13
Number of funds in category 25 25 25 25 25 25

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 60 76 41 53
Modified Duration (yrs) 0.86 0.94 0.65 0.79
Average Maturity (yrs) 1.02 1.81 0.73 0.90
Yield to Maturity (%) 5.22 9.44 5.20 4.79
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 Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 4.03 - 11.42 5.02
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.00 - 8.23 4.78
down 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 4.46 4.46
up 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 5.05 4.37
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 3.48 - 6.97 4.30
down Reserve Bank of India 182-D 18/02/2021 Treasury Bills SOV 0.00 - 4.30 4.30
up 7.67% L&T Infrastructre Finance 18/03/2022 Non Convertible Debenture AAA 0.00 - 3.83 3.83
new 8.85% Andhra Pradesh State 2022 State Development Loan SOV 0.00 - 3.16 3.16
new National Bank Agr. Rur. Devp 327-D 10/03/2021 Commercial Paper A1+ 0.00 - 2.98 2.98
equal Piramal Enterprises 90-D 19/11/2020 Commercial Paper A1+ 0.00 - 2.81 2.81
new 7.94% Chhattisgarh State 16/01/2023 State Development Loan SOV 0.00 - 2.51 2.51
equal Hindustan Zinc 365-D 10/08/2021 Commercial Paper A1+ 0.00 - 2.28 2.28
new Reserve Bank of India 182-D 25/03/2021 Treasury Bills SOV 0.00 - 2.23 2.23
equal 6.60% REC 21/03/2022 Debenture AAA 0.00 - 3.50 1.95
equal 6.94% Bajaj Housing Finance 25/03/2022 Bonds/NCDs AAA 0.00 - 1.93 1.93
equal 8.30% L&T Housing Finance 29/11/2021 Non Convertible Debenture AAA 0.00 - 4.12 1.93
equal National Bank Agr. Rur. Devp 164-D 01/02/2021 Commercial Paper A1+ 0.00 - 1.87 1.87
equal L&T Finance Holdings 181-D 23/02/2021 Commercial Paper A1+ 0.00 - 1.86 1.86
equal Export-Import Bank 218-D 04/03/2021 Commercial Paper A1+ 0.00 - 1.89 1.86
equal Reliance Retail Ventures 200-D 15/03/2021 Commercial Paper A1+ 0.00 - 1.86 1.86
equal L&T Finance 181-D 22/02/2021 Commercial Paper A1+ 0.00 - 1.86 1.86
new Reliance Industries 283-D 11/06/2021 Commercial Paper A1+ 0.00 - 1.84 1.84
equal Reserve Bank of India 182-D 25/02/2021 Treasury Bills SOV 0.00 - 1.77 1.77
equal Piramal Enterprises 91-D 23/11/2020 Commercial Paper A1+ 0.00 - 1.68 1.68
equal 8.75% Vedanta 30/06/2022 Non Convertible Debenture AA 0.00 - 3.38 1.61

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-2020

Fund Manager

— Anju Chhajer since 09-Oct-2009

Education: Ms. Chhajer is a B.Com (H) and a Chartered Accountant.

Experience: Prior to joining Reliance 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 Reliance AMC since 2006.

Funds Managed:


0.04%

Change from previous, NAV as on 26-Oct-2020

Growth: ₹ 2,869.9630

Dividend Weekly: ₹ 1,012.3299

More

Dividend Quarterly: ₹ 1,017.6339

Dividend Monthly: ₹ 1,016.5622

Dividend Daily: ₹ 1,011.6020

Dividend: ₹ 1,574.2432

Bonus: ₹ 1,666.3175


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 (₹) --
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 20-Mar-2007
Return Since Launch: 8.05%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 5,283 Cr (As on 30-Sep-2020)
Expense: 1.04% (As on 30-Sep-2020)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily26-Oct-20200.4235

 23-Oct-20200.1406
 22-Oct-20200.1327
 21-Oct-20200.1629
 20-Oct-20200.1423
 19-Oct-20200.4194
 16-Oct-20200.1061
 15-Oct-20200.1522
 14-Oct-20200.1477
 13-Oct-20200.1651
 12-Oct-20200.4119
 09-Oct-20200.1371
 08-Oct-20200.1389
 07-Oct-20200.1386
 06-Oct-20200.1443
 05-Oct-20200.5822
 01-Oct-20200.1584
 30-Sep-20200.0942
 28-Sep-20200.4370
 25-Sep-20200.1869
 24-Sep-20200.0918
 23-Sep-20200.0671
 22-Sep-20200.0699
 21-Sep-20200.6298
 18-Sep-20200.1520
Dividend Monthly19-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
 20-Feb-20194.8103
 21-Jan-20196.4750
 19-Dec-20185.9191
 19-Nov-20184.5302
 19-Oct-20184.9477
 19-Sep-20182.4266
 20-Aug-20184.6032
 19-Jul-20185.2150
 19-Jun-20185.7221
Dividend Weekly20-Oct-20200.9667

 13-Oct-20200.9910
 06-Oct-20200.9955
 29-Sep-20200.7642
 22-Sep-20201.0122
 15-Sep-20200.6502
 08-Sep-20201.1323
 01-Sep-20200.7970
 25-Aug-20201.0343
 18-Aug-20201.2260
 11-Aug-20201.1423
 04-Aug-20200.9588
 28-Jul-20201.2180
 21-Jul-20201.2502
 14-Jul-20201.2426
 07-Jul-20201.3938
 30-Jun-20202.9427
 23-Jun-20204.4462
 16-Jun-20202.3623
 09-Jun-20200.2864
 02-Jun-20202.5385
 26-May-20203.2568
 19-May-20201.7877
 21-Apr-20202.9645
 07-Apr-20200.2643
Dividend Quarterly21-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
 19-Mar-201514.4559
 19-Dec-201415.9684
 19-Sep-201416.4016
Dividend19-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

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