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4 star

Nippon India Low Duration Fund


Debt: Low Duration

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 3.87 0.01 0.08 0.33 0.76 1.95 4.19 6.30 6.47 7.09 7.78
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 4.48
Debt: Low Duration 3.82 0.01 0.06 0.29 1.19 2.29 4.22 4.52 5.30 6.14 7.14
Rank within category 3 14 3 4 3 5 5 9 10 6 4
Number of funds in category 24 24 24 24 24 24 24 24 23 21 19

As on 03-Dec-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 4.19 6.30 6.47 1.02% 9,621
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 4.34 7.24 7.07 0.52% 31,730
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 4.03 6.77 6.48 1.04% 21,669
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 3.57 6.63 6.56 1.23% 17,415
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 3.57 6.75 6.82 1.11% 11,005

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 4.13 27-Nov-2020 - 29-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.15 1.61 1.47 1.48 0.72 2.80
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Low Duration 4.65 4.37 1.30 2.85 -0.77 0.39
Rank within category 9 14 13 14 11 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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 86 87 70 60
Modified Duration (yrs) 0.69 0.92 0.61 --
Average Maturity (yrs) 0.80 1.14 0.75 --
Yield to Maturity (%) 4.71 4.98 4.29 --
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 Reserve Bank of India 182-D 02/12/2021 Treasury Bills SOV 0.00 - 9.59 8.29
equal Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 4.01 3.47
equal Reserve Bank of India 182-D 25/11/2021 Treasury Bills SOV 0.00 - 3.60 3.11
equal Axis Bank 27/04/2022 Certificate of Deposit A1+ 0.00 - 3.80 3.06
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 4.23 3.04
equal Embassy Office Parks REIT 2022 Non Convertible Debenture AAA 2.75 - 3.91 2.96
up 8.20% GOI 15/02/2022 Central Government Loan SOV 0.79 - 4.33 2.93
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 3.10 2.66
equal 8.07% Bajaj Housing Finance 2022 Non Convertible Debenture AAA 0.00 - 3.69 2.65
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.50 - 2.88 2.65
equal Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 3.55 2.54
equal IndInfravit Trust 2038 Debenture AAA 0.00 - 2.90 2.50
new 7.16% GOI 20/05/2023 Central Government Loan SOV 0.00 - 2.21 2.21
equal Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 2.40 2.08
new 4.98% Kotak Mahindra Prime 29/03/2023 Non Convertible Debenture AAA 0.00 - 2.08 2.08
equal 5.40% Nabha Power 15/05/2023 Debenture AAA 0.00 - 2.12 1.82
new 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 1.65 1.65
equal 6.70% Embassy Office Parks REIT 2023 Non Convertible Debenture AAA 1.39 - 1.99 1.47
new 8.90% State Bank of India Additional Tier 2 Bond AAA 0.00 - 1.38 1.38
equal India Grid Trust 14/02/2029 Non Convertible Debenture AAA 1.25 - 3.20 1.33
equal Tata Capital Financial Services 2022 Debenture AAA 0.00 - 1.73 1.31
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 0.00 - 3.46 1.27
new Sikka Ports and Terminals 242-D 24/06/2022 Commercial Paper A1+ 0.00 - 1.26 1.26
equal 7.40% Muthoot Finance 2024 Debenture AA+ 0.00 - 1.58 1.22
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 1.39 1.20

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-Oct-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 03-Dec-2021

Growth: ₹ 3,008.9775

IDCW Weekly: ₹ 1,009.2548

More

IDCW Quarterly: ₹ 1,017.8306

IDCW Monthly: ₹ 1,021.3385

IDCW Daily: ₹ 1,008.9708

IDCW: ₹ 1,650.4642

Bonus: ₹ 1,747.0331


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: 7.77%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 9,621 Cr (As on 31-Oct-2021)
Expense: 1.02% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Dec-20210.0571

 02-Dec-20210.1992
 01-Dec-20210.1604
 30-Nov-20210.1532
 29-Nov-20210.2720
 26-Nov-20210.0755
 25-Nov-20210.0395
 23-Nov-20210.1139
 22-Nov-20210.3510
 18-Nov-20210.2011
 17-Nov-20210.0048
 16-Nov-20210.1442
 15-Nov-20210.3341
 12-Nov-20210.0603
 11-Nov-20210.0421
 10-Nov-20210.1602
 09-Nov-20210.2130
 08-Nov-20210.7921
 03-Nov-20210.1193
 02-Nov-20210.0902
 01-Nov-20210.0162
 25-Oct-20210.1722
 22-Oct-20210.0668
 21-Oct-20210.0917
 20-Oct-20210.0297
IDCW Weekly30-Nov-20210.5380

 23-Nov-20210.6695
 16-Nov-20210.7388
 09-Nov-20211.1237
 02-Nov-20210.1304
 26-Oct-20210.3056
 20-Oct-20210.6269
 12-Oct-20210.9607
 05-Oct-20210.5221
 28-Sep-20211.0369
 21-Sep-20210.9717
 14-Sep-20210.7632
 07-Sep-20210.2896
 31-Aug-20210.5956
 24-Aug-20210.9837
 17-Aug-20211.1035
 10-Aug-20211.0142
 03-Aug-20211.0509
 27-Jul-20210.9965
 20-Jul-20211.0254
 13-Jul-20210.9909
 06-Jul-20210.9963
 29-Jun-20210.7938
 22-Jun-20211.0163
 15-Jun-20210.7755
IDCW Monthly22-Nov-20212.7950

 20-Oct-20212.4684
 20-Sep-20212.6901
 20-Aug-20214.2209
 19-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
IDCW Quarterly20-Sep-202112.0983

 21-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
IDCW19-Sep-201457.8673

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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