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10 Best Performing Debt Funds by Nippon/Reliance Mutual Fund 2024

Updated on July 22, 2024 , 12800 views

Nippon India Mutual Fund (Formerly Reliance Mutual Fund) offers various types of Debt fund like Liquid Funds, ultra short term funds, short term funds, long term debt funds and also close-ended debt funds in the form of FMPs.

Debt funds are the best way to achieve your short to mid term Financial goals. For instance, short term funds invest money for a shorter duration, usually less than 3 years, whereas Ultra Short Term fund invest in debt instruments having residual maturities of more than 91 days.

Investors can determine their time frame of investment and invest accordingly in debt funds. To bring in Best Debt Funds, we have shortlisted top 4 best performing debt funds by Nippon India Mutual Fund. These funds have been shortlisted by undertaking certain important parameters like past performances, NAV, AUM, etc., of the fund.

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Important Information

From October 2019, Reliance Mutual Fund has been renamed as Nippon India Mutual Fund. Nippon Life has acquired majority (75%) stakes in Reliance Nippon Asset Management (RNAM). The company will continue to run its operations without any change in structure and management.

Why Invest in Nippon India Mutual Funds?

Innovative: The AMC consistently delivers new and innovative schemes to its investors.
Great Customer Care: The company takes great care of its investors. It has a very stable and high-functioning customer support team in place to help the investors.
Seasoned Experience: It has been in the Market for over two decades. It has an experience and expertise in fund management and financial services.
Strong Network: The distribution network of Nippon India Mutual Fund is very strong. It has a presence in over 150 cities in India.

Best Nippon or Reliance Debt Mutual Funds

No Funds available.

1. Nippon India Gilt Securities Fund

The primary investment objective of the scheme is to generate optimal credit risk-free returns by investing in a portfolio of securities issued and guaranteed by the Central Government and State Government.

Nippon India Gilt Securities Fund is a Debt - Government Bond fund was launched on 22 Aug 08. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.3% since its launch. Ranked 2 in Government Bond category. Return for 2023 was 6.7% , 2022 was 2.1% and 2021 was 1.8% .

Below is the key information for Nippon India Gilt Securities Fund

Nippon India Gilt Securities Fund Growth
Launch Date	22 Aug 08
NAV (24 Jul 24)	₹35.552 ↑ 0.02 (0.06 %)
Net Assets (Cr)	₹1,626 on 30 Jun 24
Category	Debt - Government Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.57
Sharpe Ratio	0.18
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-15 Days (0.25%),15 Days and above(NIL)
Yield to Maturity	7.19%
Effective Maturity	17 Years 5 Months 12 Days
Modified Duration	8 Years 7 Months 13 Days
Sub Cat.	Government Bond

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹11,350
30 Jun 21	₹11,628
30 Jun 22	₹11,679
30 Jun 23	₹12,592
30 Jun 24	₹13,538

Nippon India Gilt Securities Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Nippon India Gilt Securities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.5%
3 Month	3%
6 Month	4.9%
1 Year	7.7%
3 Year	5.3%
5 Year	5.9%
Since launch	8.3%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	2.1%
2021	1.8%
2020	11.2%
2019	12.4%
2018	8%
2017	3.4%
2016	17%
2015	6.2%
2014	18.6%

Fund Manager information for Nippon India Gilt Securities Fund

Name	Since	Tenure
Pranay Sinha	31 Mar 21	3.25 Yr.
Kinjal Desai	31 Oct 21	2.67 Yr.

Data below for Nippon India Gilt Securities Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	3.29%
Debt	96.71%

Debt Sector Allocation

Sector	Value
Government	96.71%
Cash Equivalent	3.29%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2037 Sovereign Bonds \| -	14%	₹222 Cr	21,965,200 ↓ -2,500,000
7.23% Govt Stock 2039 Sovereign Bonds \| -	13%	₹204 Cr	20,000,000 ↑ 2,500,000
7.1% Govt Stock 2034 Sovereign Bonds \| -	12%	₹192 Cr	19,000,000 ↑ 7,000,000
7.3% Govt Stock 2053 Sovereign Bonds \| -	11%	₹180 Cr	17,500,000 ↓ -1,000,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	8%	₹131 Cr	13,000,000 ↓ -2,000,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	8%	₹127 Cr	12,565,600 ↓ -5,000,000
7.34% Govt Stock 2064 Sovereign Bonds \| -	7%	₹119 Cr	11,500,000
7.25% Govt Stock 2063 Sovereign Bonds \| -	7%	₹112 Cr	11,000,000
6.67% Govt Stock 2035 Sovereign Bonds \| -	2%	₹39 Cr	4,000,000
07.85 MP Sdl 2032 Sovereign Bonds \| -	2%	₹26 Cr	2,500,000

2. Nippon India Credit Risk Fund

(Erstwhile Reliance Regular Savings Fund - Debt Plan)

The primary investment objective of this option is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments.

Nippon India Credit Risk Fund is a Debt - Credit Risk fund was launched on 8 Jun 05. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.3% since its launch. Ranked 21 in Credit Risk category. Return for 2023 was 7.9% , 2022 was 3.9% and 2021 was 13.5% .

Below is the key information for Nippon India Credit Risk Fund

Nippon India Credit Risk Fund Growth
Launch Date	8 Jun 05
NAV (24 Jul 24)	₹32.1892 ↑ 0.01 (0.03 %)
Net Assets (Cr)	₹1,027 on 30 Jun 24
Category	Debt - Credit Risk
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.64
Sharpe Ratio	1.57
Information Ratio	0
Alpha Ratio	0
Min Investment	500
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity	8.93%
Effective Maturity	2 Years 2 Months 8 Days
Modified Duration	1 Year 10 Months 6 Days
Sub Cat.	Credit Risk

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹9,123
30 Jun 21	₹9,943
30 Jun 22	₹10,975
30 Jun 23	₹11,804
30 Jun 24	₹12,699

Nippon India Credit Risk Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235 Invest Now

Returns for Nippon India Credit Risk Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.7%
3 Month	2.1%
6 Month	4%
1 Year	7.7%
3 Year	6.4%
5 Year	4.8%
Since launch	6.3%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.9%
2022	3.9%
2021	13.5%
2020	-5.9%
2019	1.9%
2018	6.1%
2017	7%
2016	10%
2015	8.8%
2014	11%

Fund Manager information for Nippon India Credit Risk Fund

Name	Since	Tenure
Kinjal Desai	25 May 18	6.11 Yr.
Sushil Budhia	1 Feb 20	4.42 Yr.

Data below for Nippon India Credit Risk Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	7.17%
Debt	92.57%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	79.82%
Government	12.75%
Cash Equivalent	7.17%

Credit Quality

Rating	Value
A	18.82%
AA	47.01%
AAA	34.17%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Summit Digitel Infrastructure Limited Debentures \| -	6%	₹61 Cr	620
7.1% Govt Stock 2029 Sovereign Bonds \| -	5%	₹50 Cr	5,000,000
JSW Steel Limited Debentures \| -	5%	₹50 Cr	500
7.06% Govt Stock 2028 Sovereign Bonds \| -	5%	₹50 Cr	5,000,000
Indinfravit Trust Debentures \| -	5%	₹49 Cr	5,000
Shriram Housing Finance Limited 9.25% Debentures \| -	4%	₹40 Cr	4,000
Greenlam Industries Limited Debentures \| -	4%	₹40 Cr	405
Prestige Projects Private Limited 11.75% Debentures \| -	4%	₹40 Cr	4,000
DLF Cyber City Developers Limited 8.4% Debentures \| -	4%	₹40 Cr	4,000
Lodha Developers Private Limited Debentures \| -	4%	₹38 Cr	378

3. Nippon India Money Market Fund

(Erstwhile Reliance Liquidity Fund)

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Nippon India Money Market Fund is a Debt - Money Market fund was launched on 16 Jun 05. It is a fund with Low risk and has given a CAGR/Annualized return of 7.3% since its launch. Ranked 27 in Money Market category. Return for 2023 was 7.4% , 2022 was 5% and 2021 was 3.8% .

Below is the key information for Nippon India Money Market Fund

Nippon India Money Market Fund Growth
Launch Date	16 Jun 05
NAV (24 Jul 24)	₹3,868.35 ↑ 0.79 (0.02 %)
Net Assets (Cr)	₹16,110 on 30 Jun 24
Category	Debt - Money Market
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Low
Expense Ratio	0.31
Sharpe Ratio	1.98
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.68%
Effective Maturity	7 Months 17 Days
Modified Duration	7 Months
Sub Cat.	Money Market

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹10,767
30 Jun 21	₹11,211
30 Jun 22	₹11,644
30 Jun 23	₹12,439
30 Jun 24	₹13,371

Nippon India Money Market Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Nippon India Money Market Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.7%
3 Month	1.8%
6 Month	3.9%
1 Year	7.6%
3 Year	6.1%
5 Year	5.9%
Since launch	7.3%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.4%
2022	5%
2021	3.8%
2020	6%
2019	8.1%
2018	7.9%
2017	6.6%
2016	7.6%
2015	8.3%
2014	9.1%

Fund Manager information for Nippon India Money Market Fund

Name	Since	Tenure
Anju Chhajer	1 Feb 20	4.42 Yr.
Kinjal Desai	16 Jul 18	5.96 Yr.

Data below for Nippon India Money Market Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	78.93%
Debt	20.86%
Other	0.2%

Debt Sector Allocation

Sector	Value
Corporate	58.1%
Cash Equivalent	27.16%
Government	14.55%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
364 DTB 14112024 Sovereign Bonds \| -	2%	₹292 Cr	30,000,000
07.38% MP Sdl 2025 Sovereign Bonds \| -	2%	₹275 Cr	27,500,000
08.10 JH Sdl 2025 Sovereign Bonds \| -	2%	₹252 Cr	25,000,000
India (Republic of) - \| -	1%	₹241 Cr	24,500,000 ↓ -10,500,000
182 DTB 12122024 Sovereign Bonds \| -	1%	₹238 Cr	24,500,000 ↑ 14,500,000
Indian Bank Domestic Bonds \| -	1%	₹238 Cr	5,000 ↑ 1,500
08.09 Ts SDL 2025 Sovereign Bonds \| -	1%	₹236 Cr	23,500,000
HDFC Bank Ltd. Debentures \| -	1%	₹186 Cr	4,000 ↑ 4,000
182 DTB 05122024 Sovereign Bonds \| -	1%	₹146 Cr	15,000,000 ↑ 5,000,000
Canara Bank Domestic Bonds \| -	1%	₹145 Cr	3,000 ↑ 3,000

4. Nippon India Floating Rate Fund

(Erstwhile Reliance Floating Rate Fund - Short Term Plan)

The primary objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of Floating Rate Debt Securities (including floating rate securitized debt, Money Market Instruments and Fixed Rate Debt Instruments swapped for floating rate returns). The scheme shall also invest in Fixed rate Debt Securities (including fixed rate Securitized Debt, Money Market Instruments and Floating Rate Debt Instruments swapped for fixed returns).

Nippon India Floating Rate Fund is a Debt - Floating Rate fund was launched on 27 Aug 04. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.4% since its launch. Ranked 32 in Floating Rate category. Return for 2023 was 7.2% , 2022 was 3.8% and 2021 was 3.7% .

Below is the key information for Nippon India Floating Rate Fund

Nippon India Floating Rate Fund Growth
Launch Date	27 Aug 04
NAV (24 Jul 24)	₹41.7244 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹7,823 on 30 Jun 24
Category	Debt - Floating Rate
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.6
Sharpe Ratio	0.78
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Months (0.5%),1 Months and above(NIL)
Yield to Maturity	7.9%
Effective Maturity	3 Years 6 Months 22 Days
Modified Duration	2 Years 9 Months 7 Days
Sub Cat.	Floating Rate

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹11,135
30 Jun 21	₹11,802
30 Jun 22	₹12,170
30 Jun 23	₹12,976
30 Jun 24	₹13,928

Nippon India Floating Rate Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Nippon India Floating Rate Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.7%
3 Month	2%
6 Month	4%
1 Year	7.4%
3 Year	5.7%
5 Year	6.8%
Since launch	7.4%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.2%
2022	3.8%
2021	3.7%
2020	11.3%
2019	9%
2018	5.8%
2017	5.9%
2016	9%
2015	8.6%
2014	9.8%

Fund Manager information for Nippon India Floating Rate Fund

Name	Since	Tenure
Anju Chhajer	1 Feb 20	4.42 Yr.
Kinjal Desai	25 May 18	6.11 Yr.

Data below for Nippon India Floating Rate Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	5.57%
Debt	94.17%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	61.41%
Government	33.99%
Cash Equivalent	4.35%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.72% Govt Stock 2028 Sovereign Bonds \| -	8%	₹597 Cr	59,500,000
HDB Financial Services 8.04% Debentures \| -	4%	₹349 Cr	3,500
Small Industries Development Bank Of India Debentures \| -	4%	₹326 Cr	32,500
8% Govt Stock 2034 Sovereign Bonds \| -	4%	₹306 Cr	30,500,000
Jamnagar Utilities & Power Private Limited Debentures \| -	3%	₹272 Cr	2,800
Indian Railway Finance Corporation Limited Debentures \| -	3%	₹251 Cr	25,000
Rural Electrification Corporation Limited Debentures \| -	3%	₹251 Cr	25,000
Power Finance Corporation Ltd. Debentures \| -	3%	₹220 Cr	22,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹211 Cr	21,000
State Bank Of India Debentures \| -	3%	₹210 Cr	2,150

5. Nippon India Prime Debt Fund

(Erstwhile Reliance Medium Term Fund)

The primary investment objective of the Scheme is to generate regular income in order to make regular dividend payments to unit-holders and the secondary objective is growth of capital.

Nippon India Prime Debt Fund is a Debt - Corporate Bond fund was launched on 14 Sep 00. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.4% since its launch. Ranked 20 in Corporate Bond category. Return for 2023 was 7.1% , 2022 was 4.3% and 2021 was 4.7% .

Below is the key information for Nippon India Prime Debt Fund

Nippon India Prime Debt Fund Growth
Launch Date	14 Sep 00
NAV (24 Jul 24)	₹55.2447 ↑ 0.02 (0.04 %)
Net Assets (Cr)	₹3,215 on 30 Jun 24
Category	Debt - Corporate Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.64
Sharpe Ratio	0.19
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.65%
Effective Maturity	4 Years 11 Months 12 Days
Modified Duration	3 Years 9 Months 18 Days
Sub Cat.	Corporate Bond

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹10,912
30 Jun 21	₹11,668
30 Jun 22	₹12,072
30 Jun 23	₹12,974
30 Jun 24	₹13,908

Nippon India Prime Debt Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Nippon India Prime Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.7%
3 Month	2.1%
6 Month	4.1%
1 Year	7.3%
3 Year	6%
5 Year	6.7%
Since launch	7.4%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7.1%
2022	4.3%
2021	4.7%
2020	9.5%
2019	7.8%
2018	6.9%
2017	6.6%
2016	9.1%
2015	8.7%
2014	9.3%

Fund Manager information for Nippon India Prime Debt Fund

Name	Since	Tenure
Vivek Sharma	1 Feb 20	4.42 Yr.
Kinjal Desai	25 May 18	6.11 Yr.

Data below for Nippon India Prime Debt Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	3.23%
Debt	96.51%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	59.11%
Government	37.4%
Cash Equivalent	3.23%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.32% Govt Stock 2030 Sovereign Bonds \| -	9%	₹290 Cr	28,500,000
7.1% Govt Stock 2034 Sovereign Bonds \| -	5%	₹176 Cr	17,500,000 ↑ 5,000,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹125 Cr	12,500
7.18% Govt Stock 2033 Sovereign Bonds \| -	3%	₹101 Cr	10,000,000 ↓ -10,000,000
Bajaj Housing Finance Limited Debentures \| -	3%	₹100 Cr	10,000 ↑ 10,000
Indian Railway Finance Corporation Limited Debentures \| -	3%	₹98 Cr	950
Summit Digitel Infrastructure Limited Debentures \| -	3%	₹98 Cr	1,000
SBI General Insurance Company Limited Debentures \| -	3%	₹86 Cr	8,500
Power Finance Corporation Ltd. Debentures \| -	2%	₹78 Cr	780
7.18% Govt Stock 2037 Sovereign Bonds \| -	2%	₹76 Cr	7,500,000

6. Nippon India Dynamic Bond Fund

The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risks. This income may be complimented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in debt and money market instruments.

Nippon India Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 15 Nov 04. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.5% since its launch. Return for 2023 was 6.7% , 2022 was 2.4% and 2021 was 2.7% .

Below is the key information for Nippon India Dynamic Bond Fund

Nippon India Dynamic Bond Fund Growth
Launch Date	15 Nov 04
NAV (24 Jul 24)	₹34.3172 ↑ 0.02 (0.04 %)
Net Assets (Cr)	₹4,604 on 30 Jun 24
Category	Debt - Dynamic Bond
AMC	Nippon Life Asset Management Ltd.
Rating	Not Rated
Risk	Moderate
Expense Ratio	0.1
Sharpe Ratio	-0.11
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity	7.44%
Effective Maturity	5 Years 11 Months 5 Days
Modified Duration	4 Years 7 Months 28 Days
Sub Cat.	Dynamic Bond

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹11,089
30 Jun 21	₹11,520
30 Jun 22	₹11,554
30 Jun 23	₹12,565
30 Jun 24	₹13,422

Nippon India Dynamic Bond Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Nippon India Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.8%
3 Month	2.7%
6 Month	4.8%
1 Year	7.3%
3 Year	5.6%
5 Year	5.9%
Since launch	6.5%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	2.4%
2021	2.7%
2020	11.3%
2019	8.4%
2018	4.7%
2017	3.1%
2016	13.9%
2015	5.7%
2014	15.3%

Fund Manager information for Nippon India Dynamic Bond Fund

Name	Since	Tenure
Vivek Sharma	25 Jun 20	4.02 Yr.
Pranay Sinha	31 Mar 21	3.25 Yr.
Kinjal Desai	25 May 18	6.11 Yr.

Data below for Nippon India Dynamic Bond Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	2.92%
Debt	96.82%
Other	0.26%

Debt Sector Allocation

Sector	Value
Government	96.82%
Cash Equivalent	2.92%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
07.83 MH Sdl 2030 Sovereign Bonds \| -	7%	₹301 Cr	29,400,000
07.04 Tn SDL 2030 Sovereign Bonds \| -	5%	₹228 Cr	23,078,300
06.60 Tn SDL 2030 Sovereign Bonds \| -	5%	₹222 Cr	22,939,300
7.17% Govt Stock 2030 Sovereign Bonds \| -	5%	₹217 Cr	21,500,000
07.78 MH Sgs 2030 Sovereign Bonds \| -	4%	₹195 Cr	19,100,200
07.02 Tn SDL 2030 Sovereign Bonds \| -	4%	₹173 Cr	17,500,000
07.70 MH Sgs 2030 Sovereign Bonds \| -	3%	₹138 Cr	13,500,000
07.76 MH Sgs 2030 Sovereign Bonds \| -	3%	₹128 Cr	12,500,000
06.33 Tn SDL 2030 Sovereign Bonds \| -	3%	₹117 Cr	12,289,000
07.86 MH Sdl 2030 Sovereign Bonds \| -	2%	₹113 Cr	11,000,000

7. Nippon India Liquid Fund

(Erstwhile Reliance Liquid Fund - Treasury Plan)

The investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Nippon India Liquid Fund is a Debt - Liquid Fund fund was launched on 9 Dec 03. It is a fund with Low risk and has given a CAGR/Annualized return of 6.9% since its launch. Ranked 11 in Liquid Fund category. Return for 2023 was 7% , 2022 was 4.8% and 2021 was 3.2% .

Below is the key information for Nippon India Liquid Fund

Nippon India Liquid Fund Growth
Launch Date	9 Dec 03
NAV (24 Jul 24)	₹5,976.06 ↑ 1.10 (0.02 %)
Net Assets (Cr)	₹28,790 on 30 Jun 24
Category	Debt - Liquid Fund
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.34
Sharpe Ratio	1.7
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.37%
Effective Maturity	2 Months 4 Days
Modified Duration	1 Month 29 Days
Sub Cat.	Liquid Fund

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹10,565
30 Jun 21	₹10,899
30 Jun 22	₹11,283
30 Jun 23	₹12,000
30 Jun 24	₹12,871

Nippon India Liquid Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Nippon India Liquid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.6%
3 Month	1.7%
6 Month	3.7%
1 Year	7.3%
3 Year	5.8%
5 Year	5.2%
Since launch	6.9%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	4.8%
2021	3.2%
2020	4.3%
2019	6.7%
2018	7.4%
2017	6.7%
2016	7.7%
2015	8.3%
2014	9.1%

Fund Manager information for Nippon India Liquid Fund

Name	Since	Tenure
Anju Chhajer	1 Oct 13	10.76 Yr.
Siddharth Deb	1 Mar 22	2.34 Yr.
Kinjal Desai	25 May 18	6.11 Yr.

Data below for Nippon India Liquid Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	99.77%
Other	0.23%

Debt Sector Allocation

Sector	Value
Cash Equivalent	58.22%
Corporate	32.5%
Government	9.06%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Net Current Assets Net Current Assets \| -	19%	-₹5,597 Cr
India (Republic of) - \| -	6%	₹1,763 Cr	178,500,000 ↑ 10,000,000
182 DTB 22082024 Sovereign Bonds \| -	5%	₹1,461 Cr	147,500,000 ↑ 20,000,000
Bank Of Maharashtra Certificate of Deposit \| -	4%	₹1,236 Cr	25,000
Indian Bank Certificate of Deposit \| -	3%	₹990 Cr	20,000
Small Industries Development Bank Of India Commercial Paper \| -	3%	₹844 Cr	17,000
Sikka Ports And Terminals Limited Commercial Paper \| -	3%	₹841 Cr	17,000
Punjab National Bank Certificate of Deposit \| -	3%	₹744 Cr	15,000
HDFC Bank Limited Certificate of Deposit \| -	3%	₹744 Cr	15,000
91 DTB 02082024 Sovereign Bonds \| -	3%	₹736 Cr	74,000,000

8. Nippon India Short Term Fund

The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in fixed income securitites of a short term maturity.

Nippon India Short Term Fund is a Debt - Short term Bond fund was launched on 18 Dec 02. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.6% since its launch. Ranked 17 in Short term Bond category. Return for 2023 was 6.8% , 2022 was 3.2% and 2021 was 4.4% .

Below is the key information for Nippon India Short Term Fund

Nippon India Short Term Fund Growth
Launch Date	18 Dec 02
NAV (24 Jul 24)	₹48.7378 ↑ 0.02 (0.05 %)
Net Assets (Cr)	₹6,016 on 30 Jun 24
Category	Debt - Short term Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	1.16
Sharpe Ratio	-0.2
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.75%
Effective Maturity	3 Years 6 Months 11 Days
Modified Duration	2 Years 9 Months 25 Days
Sub Cat.	Short term Bond

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹11,052
30 Jun 21	₹11,719
30 Jun 22	₹12,023
30 Jun 23	₹12,813
30 Jun 24	₹13,700

Nippon India Short Term Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for Nippon India Short Term Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.7%
3 Month	2%
6 Month	3.8%
1 Year	7.1%
3 Year	5.4%
5 Year	6.4%
Since launch	7.6%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.8%
2022	3.2%
2021	4.4%
2020	9.5%
2019	9.4%
2018	5.5%
2017	5.7%
2016	9.8%
2015	8.1%
2014	11.3%

Fund Manager information for Nippon India Short Term Fund

Name	Since	Tenure
Vivek Sharma	1 Feb 20	4.42 Yr.
Kinjal Desai	25 May 18	6.11 Yr.
Sushil Budhia	31 Mar 21	3.25 Yr.

Data below for Nippon India Short Term Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	8.11%
Debt	91.63%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	56.09%
Government	36.2%
Cash Equivalent	7.32%
Securitized	0.13%

Credit Quality

Rating	Value
AA	14.74%
AAA	85.26%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.17% Govt Stock 2030 Sovereign Bonds \| -	11%	₹675 Cr	67,000,000
7.1% Govt Stock 2029 Sovereign Bonds \| -	9%	₹538 Cr	53,500,000
7.32% Govt Stock 2030 Sovereign Bonds \| -	3%	₹178 Cr	17,500,000 ↑ 5,000,000
Small Industries Development Bank Of India Debentures \| -	3%	₹166 Cr	16,500
India Grid TRust Debentures \| -	3%	₹159 Cr	1,600
Rural Electrification Corporation Limited Debentures \| -	2%	₹150 Cr	15,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹150 Cr	15,000 ↑ 15,000
7.37% Govt Stock 2028 Sovereign Bonds \| -	2%	₹137 Cr	13,500,000
Bharti Telecom Limited Debentures \| -	2%	₹127 Cr	12,500
Power Finance Corporation Ltd. Debentures \| -	2%	₹125 Cr	12,500

9. Nippon India Income Fund

The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.

Nippon India Income Fund is a Debt - Medium to Long term fund was launched on 1 Jan 98. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.3% since its launch. Ranked 28 in Medium to Long term category. Return for 2023 was 6.8% , 2022 was 3.3% and 2021 was 1.2% .

Below is the key information for Nippon India Income Fund

Nippon India Income Fund Growth
Launch Date	1 Jan 98
NAV (24 Jul 24)	₹83.6143 ↑ 0.05 (0.06 %)
Net Assets (Cr)	₹335 on 30 Jun 24
Category	Debt - Medium to Long term
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.7
Sharpe Ratio	-0.07
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-15 Days (0.25%),15 Days and above(NIL)
Yield to Maturity	7.19%
Effective Maturity	10 Years 7 Months 10 Days
Modified Duration	6 Years 7 Months 17 Days
Sub Cat.	Medium to Long term

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹11,255
30 Jun 21	₹11,505
30 Jun 22	₹11,558
30 Jun 23	₹12,576
30 Jun 24	₹13,442

Nippon India Income Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Nippon India Income Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.6%
3 Month	2.7%
6 Month	4.4%
1 Year	7.1%
3 Year	5.5%
5 Year	5.8%
Since launch	8.3%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.8%
2022	3.3%
2021	1.2%
2020	10.5%
2019	11.4%
2018	6.1%
2017	2.4%
2016	13.8%
2015	5.1%
2014	14.8%

Fund Manager information for Nippon India Income Fund

Name	Since	Tenure
Vivek Sharma	1 Feb 20	4.42 Yr.
Kinjal Desai	25 May 18	6.11 Yr.

Data below for Nippon India Income Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	6.12%
Debt	93.63%
Other	0.25%

Debt Sector Allocation

Sector	Value
Government	89.15%
Cash Equivalent	6.12%
Corporate	4.48%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2037 Sovereign Bonds \| -	30%	₹101 Cr	10,000,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	30%	₹101 Cr	10,000,000
7.1% Govt Stock 2029 Sovereign Bonds \| -	14%	₹45 Cr	4,500,000
7.3% Govt Stock 2053 Sovereign Bonds \| -	8%	₹26 Cr	2,500,000
7.32% Govt Stock 2030 Sovereign Bonds \| -	6%	₹20 Cr	2,000,000
LIC Housing Finance Ltd Debentures \| -	4%	₹15 Cr	150
Indian Railway Finance Corporation Limited Debentures \| -	2%	₹5 Cr	50
Corporate Debt Market Development Fund Class A2 Investment Fund \| -	0%	₹1 Cr	820 ↑ 159
7.26% Govt Stock 2029 Sovereign Bonds \| -	0%	₹0 Cr	300
08.19 RJ UDAY 2026 Domestic Bonds \| -	0%	₹0 Cr	90

10. Nippon India Ultra Short Duration Fund

(Erstwhile Reliance Liquid Fund - Cash Plan)

Nippon India Ultra Short Duration Fund is a Debt - Ultrashort Bond fund was launched on 7 Dec 01. It is a fund with Low risk and has given a CAGR/Annualized return of 6% since its launch. Ranked 62 in Ultrashort Bond category. Return for 2023 was 6.7% , 2022 was 4.6% and 2021 was 7.8% .

Below is the key information for Nippon India Ultra Short Duration Fund

Nippon India Ultra Short Duration Fund Growth
Launch Date	7 Dec 01
NAV (24 Jul 24)	₹3,772.86 ↑ 0.66 (0.02 %)
Net Assets (Cr)	₹6,040 on 30 Jun 24
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.17
Sharpe Ratio	-0.73
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.99%
Effective Maturity	7 Months 2 Days
Modified Duration	5 Months 28 Days
Sub Cat.	Ultrashort Bond

Growth of 10,000 investment over the years.

Date	Value
30 Jun 19	₹10,000
30 Jun 20	₹10,195
30 Jun 21	₹10,769
30 Jun 22	₹11,448
30 Jun 23	₹12,156
30 Jun 24	₹12,996

Nippon India Ultra Short Duration Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Nippon India Ultra Short Duration Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jul 24

Duration	Returns
1 Month	0.6%
3 Month	1.7%
6 Month	3.7%
1 Year	7%
3 Year	5.7%
5 Year	5.3%
Since launch	6%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	4.6%
2021	7.8%
2020	4.9%
2019	0.9%
2018	7.3%
2017	5.8%
2016	6.8%
2015	7.6%
2014	8.4%

Fund Manager information for Nippon India Ultra Short Duration Fund

Name	Since	Tenure
Vivek Sharma	1 Oct 13	10.76 Yr.
Kinjal Desai	25 May 18	6.11 Yr.
Akshay Sharma	1 Dec 22	1.58 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 30 Jun 24

Asset Allocation

Asset Class	Value
Cash	60.47%
Debt	39.3%
Other	0.23%

Debt Sector Allocation

Sector	Value
Corporate	66%
Cash Equivalent	21.84%
Government	11.27%
Securitized	0.66%

Credit Quality

Rating	Value
AA	15.9%
AAA	84.1%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	8%	₹493 Cr	50,000,000
Power Finance Corporation Limited Debentures \| -	4%	₹266 Cr	2,650
Dlf Cyber City Developers Ltd Debentures \| -	4%	₹258 Cr	2,590
Indinfravit Trust Debentures \| -	4%	₹214 Cr	22,000
182 DTB 22082024 Sovereign Bonds \| -	3%	₹193 Cr	19,500,000
Rec Limited Debentures \| -	3%	₹180 Cr	1,850
India (Republic of) - \| -	2%	₹103 Cr	10,500,000
Shriram Finance Limited Debentures \| -	2%	₹100 Cr	1,000
Bharti Telecom Limited Debentures \| -	2%	₹100 Cr	1,000
National Housing Bank Debentures \| -	2%	₹100 Cr	10,000

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.