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

Updated on September 12, 2024 , 12880 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 (13 Sep 24)	₹36.2502 ↑ 0.04 (0.10 %)
Net Assets (Cr)	₹1,645 on 31 Jul 24
Category	Debt - Government Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.42
Sharpe Ratio	0.47
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	7.13%
Effective Maturity	16 Years 4 Months 6 Days
Modified Duration	8 Years 4 Months 6 Days
Sub Cat.	Government Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹10,917
31 Aug 21	₹11,411
31 Aug 22	₹11,555
31 Aug 23	₹12,291
31 Aug 24	₹13,372

Nippon India Gilt Securities 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 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 13 Sep 24

Duration	Returns
1 Month	1.3%
3 Month	3%
6 Month	4.8%
1 Year	9.5%
3 Year	5.5%
5 Year	6.1%
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	3.34 Yr.
Kinjal Desai	31 Oct 21	2.75 Yr.

Data below for Nippon India Gilt Securities Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	2.2%
Debt	97.8%

Debt Sector Allocation

Sector	Value
Government	97.8%
Cash Equivalent	2.2%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	18%	₹310 Cr	30,500,000 ↑ 4,000,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	13%	₹224 Cr	21,965,200
7.3% Govt Stock 2053 Sovereign Bonds \| -	11%	₹197 Cr	19,000,000 ↑ 6,500,000
7.34% Govt Stock 2064 Sovereign Bonds \| -	10%	₹166 Cr	16,000,000 ↑ 6,000,000
7.25% Govt Stock 2063 Sovereign Bonds \| -	8%	₹144 Cr	14,000,000 ↑ 3,000,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	8%	₹132 Cr	13,000,000 ↓ -7,500,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	7%	₹129 Cr	12,565,600
07.03 Goi 2054 Sovereign Bonds \| -	4%	₹76 Cr	7,500,000 ↑ 7,500,000
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 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 (13 Sep 24)	₹34.9653 ↑ 0.10 (0.29 %)
Net Assets (Cr)	₹4,576 on 31 Jul 24
Category	Debt - Dynamic Bond
AMC	Nippon Life Asset Management Ltd.
Rating	Not Rated
Risk	Moderate
Expense Ratio	0.71
Sharpe Ratio	0.37
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	7.33%
Effective Maturity	5 Years 10 Months 17 Days
Modified Duration	4 Years 7 Months 20 Days
Sub Cat.	Dynamic Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹10,840
31 Aug 21	₹11,324
31 Aug 22	₹11,610
31 Aug 23	₹12,363
31 Aug 24	₹13,378

Nippon India Dynamic Bond 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 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 13 Sep 24

Duration	Returns
1 Month	1.2%
3 Month	3.1%
6 Month	4.7%
1 Year	8.6%
3 Year	5.7%
5 Year	6.1%
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	4.1 Yr.
Pranay Sinha	31 Mar 21	3.34 Yr.
Kinjal Desai	25 May 18	6.19 Yr.

Data below for Nippon India Dynamic Bond Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	2.66%
Debt	97.08%
Other	0.26%

Debt Sector Allocation

Sector	Value
Government	97.08%
Cash Equivalent	2.66%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
07.83 MH Sdl 2030 Sovereign Bonds \| -	7%	₹303 Cr	29,400,000
07.04 Tn SDL 2030 Sovereign Bonds \| -	5%	₹229 Cr	23,078,300
06.60 Tn SDL 2030 Sovereign Bonds \| -	5%	₹223 Cr	22,939,300
07.78 MH Sgs 2030 Sovereign Bonds \| -	4%	₹197 Cr	19,100,200
7.17% Govt Stock 2030 Sovereign Bonds \| -	4%	₹193 Cr	19,000,000 ↓ -1,500,000
07.02 Tn SDL 2030 Sovereign Bonds \| -	4%	₹174 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
07.86 MH Sdl 2030 Sovereign Bonds \| -	2%	₹113 Cr	11,000,000
06.65 GJ Sdl 2030 Sovereign Bonds \| -	2%	₹109 Cr	11,200,000

3. 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 8.4% 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 (13 Sep 24)	₹85.1171 ↑ 0.08 (0.10 %)
Net Assets (Cr)	₹338 on 31 Jul 24
Category	Debt - Medium to Long term
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.43
Sharpe Ratio	0.24
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	7.09%
Effective Maturity	10 Years 6 Months 22 Days
Modified Duration	6 Years 8 Months 1 Day
Sub Cat.	Medium to Long term

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹10,845
31 Aug 21	₹11,306
31 Aug 22	₹11,507
31 Aug 23	₹12,316
31 Aug 24	₹13,310

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 13 Sep 24

Duration	Returns
1 Month	1.1%
3 Month	2.8%
6 Month	4.4%
1 Year	8.6%
3 Year	5.6%
5 Year	6%
Since launch	8.4%
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	4.5 Yr.
Kinjal Desai	25 May 18	6.19 Yr.

Data below for Nippon India Income Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	5.74%
Debt	94.01%
Other	0.24%

Debt Sector Allocation

Sector	Value
Government	89.68%
Cash Equivalent	5.74%
Corporate	4.33%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2037 Sovereign Bonds \| -	32%	₹112 Cr	11,000,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	31%	₹107 Cr	10,500,000 ↑ 500,000
7.1% Govt Stock 2029 Sovereign Bonds \| -	13%	₹46 Cr	4,500,000
7.3% Govt Stock 2053 Sovereign Bonds \| -	7%	₹26 Cr	2,500,000
7.32% Govt Stock 2030 Sovereign Bonds \| -	4%	₹15 Cr	1,500,000
LIC Housing Finance Ltd Debentures \| -	4%	₹15 Cr	150
Indian Railway Finance Corporation Limited Debentures \| -	1%	₹5 Cr	50
Corporate Debt Market Development Fund Class A2 Investment Fund \| -	0%	₹1 Cr	820
7.26% Govt Stock 2029 Sovereign Bonds \| -	0%	₹0 Cr	300
08.19 RJ UDAY 2026 Domestic Bonds \| -	0%	₹0 Cr	90

4. 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 (13 Sep 24)	₹56.0489 ↑ 0.06 (0.10 %)
Net Assets (Cr)	₹3,288 on 31 Jul 24
Category	Debt - Corporate Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.69
Sharpe Ratio	0.59
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.54%
Effective Maturity	5 Years 14 Days
Modified Duration	3 Years 9 Months 29 Days
Sub Cat.	Corporate Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹10,853
31 Aug 21	₹11,580
31 Aug 22	₹11,988
31 Aug 23	₹12,826
31 Aug 24	₹13,833

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 13 Sep 24

Duration	Returns
1 Month	0.8%
3 Month	2.5%
6 Month	4.2%
1 Year	8.1%
3 Year	6.2%
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	4.5 Yr.
Kinjal Desai	25 May 18	6.19 Yr.

Data below for Nippon India Prime Debt Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	3.21%
Debt	96.55%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	56.5%
Government	40.04%
Cash Equivalent	3.21%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	10%	₹330 Cr	32,500,000 ↑ 7,500,000
7.32% Govt Stock 2030 Sovereign Bonds \| -	8%	₹287 Cr	28,000,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹125 Cr	12,500
Reliance Jio Infratel Private Limited Debentures \| -	3%	₹110 Cr	11,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	3%	₹102 Cr	10,000,000
Indian Railway Finance Corporation Limited Debentures \| -	3%	₹98 Cr	950
Summit Digitel Infrastructure Limited Debentures \| -	3%	₹98 Cr	1,000
Bajaj Housing Finance Limited Debentures \| -	3%	₹91 Cr	9,000
Power Finance Corporation Ltd. Debentures \| -	2%	₹78 Cr	780
7.18% Govt Stock 2037 Sovereign Bonds \| -	2%	₹77 Cr	7,500,000

5. 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 (13 Sep 24)	₹32.5676 ↑ 0.02 (0.07 %)
Net Assets (Cr)	₹1,030 on 31 Jul 24
Category	Debt - Credit Risk
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.63
Sharpe Ratio	1.72
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	8.8%
Effective Maturity	2 Years 29 Days
Modified Duration	1 Year 9 Months 4 Days
Sub Cat.	Credit Risk

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹9,166
31 Aug 21	₹10,609
31 Aug 22	₹11,028
31 Aug 23	₹11,845
31 Aug 24	₹12,769

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 13 Sep 24

Duration	Returns
1 Month	0.7%
3 Month	2.1%
6 Month	4.1%
1 Year	7.9%
3 Year	6.4%
5 Year	4.9%
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	6.19 Yr.
Sushil Budhia	1 Feb 20	4.5 Yr.

Data below for Nippon India Credit Risk Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	8.18%
Debt	91.56%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	75.76%
Government	14.85%
Cash Equivalent	8.18%
Securitized	0.96%

Credit Quality

Rating	Value
A	18.72%
AA	47.31%
AAA	33.97%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.32% Govt Stock 2030 Sovereign Bonds \| -	7%	₹72 Cr	7,000,000 ↑ 4,500,000
Summit Digitel Infrastructure Limited Debentures \| -	6%	₹61 Cr	620
7.1% Govt Stock 2029 Sovereign Bonds \| -	5%	₹51 Cr	5,000,000
JSW Steel Limited Debentures \| -	5%	₹50 Cr	500
Indinfravit Trust Debentures \| -	5%	₹49 Cr	5,000
Greenlam Industries Limited Debentures \| -	4%	₹40 Cr	405
Shriram Housing Finance Limited 9.25% Debentures \| -	4%	₹40 Cr	4,000
DLF Cyber City Developers Limited 8.4% Debentures \| -	4%	₹40 Cr	4,000
Prestige Projects Private Limited 11.75% Debentures \| -	4%	₹40 Cr	4,000
Piramal Capital & Housing Finance Limited Debentures \| -	4%	₹37 Cr	485,063 ↑ 114,286

6. 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 (13 Sep 24)	₹49.3666 ↑ 0.04 (0.09 %)
Net Assets (Cr)	₹6,213 on 31 Jul 24
Category	Debt - Short term Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.96
Sharpe Ratio	0.37
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.6%
Effective Maturity	3 Years 4 Months 13 Days
Modified Duration	2 Years 8 Months 8 Days
Sub Cat.	Short term Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹10,908
31 Aug 21	₹11,606
31 Aug 22	₹11,915
31 Aug 23	₹12,653
31 Aug 24	₹13,607

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 13 Sep 24

Duration	Returns
1 Month	0.7%
3 Month	2.3%
6 Month	4%
1 Year	7.7%
3 Year	5.5%
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	4.5 Yr.
Kinjal Desai	25 May 18	6.19 Yr.
Sushil Budhia	31 Mar 21	3.34 Yr.

Data below for Nippon India Short Term Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	4.45%
Debt	95.3%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	59.43%
Government	36.51%
Cash Equivalent	3.69%
Securitized	0.13%

Credit Quality

Rating	Value
AA	14.12%
AAA	85.88%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.17% Govt Stock 2030 Sovereign Bonds \| -	11%	₹680 Cr	67,000,000
7.1% Govt Stock 2029 Sovereign Bonds \| -	9%	₹541 Cr	53,500,000
7.32% Govt Stock 2030 Sovereign Bonds \| -	5%	₹333 Cr	32,500,000 ↑ 10,000,000
Small Industries Development Bank Of India Debentures \| -	3%	₹167 Cr	16,500
India Grid TRust Debentures \| -	3%	₹160 Cr	1,600
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹151 Cr	15,000
Rural Electrification Corporation Limited Debentures \| -	2%	₹150 Cr	15,000
Cholamandalam Investment And Finance Company Limited Debentures \| -	2%	₹150 Cr	15,000 ↑ 15,000
Canara Bank Domestic Bonds \| -	2%	₹144 Cr	3,000
Power Finance Corporation Ltd. Debentures \| -	2%	₹125 Cr	12,500

7. 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 7.5% 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 (13 Sep 24)	₹42.2494 ↑ 0.03 (0.07 %)
Net Assets (Cr)	₹7,764 on 31 Jul 24
Category	Debt - Floating Rate
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.6
Sharpe Ratio	1.06
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	7.68%
Effective Maturity	3 Years 6 Months
Modified Duration	2 Years 8 Months 26 Days
Sub Cat.	Floating Rate

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹11,053
31 Aug 21	₹11,745
31 Aug 22	₹12,067
31 Aug 23	₹12,889
31 Aug 24	₹13,886

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 13 Sep 24

Duration	Returns
1 Month	0.7%
3 Month	2.2%
6 Month	4.1%
1 Year	7.7%
3 Year	5.8%
5 Year	6.8%
Since launch	7.5%
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	4.5 Yr.
Kinjal Desai	25 May 18	6.19 Yr.

Data below for Nippon India Floating Rate Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	5.86%
Debt	93.88%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	65.75%
Government	29.37%
Cash Equivalent	4.61%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Small Industries Development Bank Of India Debentures \| -	5%	₹352 Cr	35,000 ↑ 2,500
8% Govt Stock 2034 Sovereign Bonds \| -	4%	₹308 Cr	30,500,000
HDB Financial Services 8.04% Debentures \| -	4%	₹299 Cr	3,000
Jamnagar Utilities & Power Private Limited Debentures \| -	4%	₹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%	₹221 Cr	22,000
LIC Housing Finance Ltd Debentures \| -	3%	₹217 Cr	2,100 ↑ 2,100
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹211 Cr	21,000
State Bank Of India Debentures \| -	3%	₹211 Cr	2,150

8. Nippon India Strategic Debt Fund

(Erstwhile Reliance Classic Bond Fund)

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity. The scheme would focus its investments predominantly in corporate bonds of various maturities and across ratings for the purpose of achieving regular income and capital appreciation.

Nippon India Strategic Debt Fund is a Debt - Medium term Bond fund was launched on 26 Jun 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 3.7% since its launch. Ranked 7 in Medium term Bond category. Return for 2023 was 7% , 2022 was 2% and 2021 was 17.4% .

Below is the key information for Nippon India Strategic Debt Fund

Nippon India Strategic Debt Fund Growth
Launch Date	26 Jun 14
NAV (13 Sep 24)	₹14.4841 ↑ 0.01 (0.06 %)
Net Assets (Cr)	₹117 on 31 Jul 24
Category	Debt - Medium term Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.92
Sharpe Ratio	0.12
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	7.99%
Effective Maturity	4 Years 5 Months 23 Days
Modified Duration	3 Years 3 Months 14 Days
Sub Cat.	Medium term Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹7,560
31 Aug 21	₹8,930
31 Aug 22	₹9,042
31 Aug 23	₹9,653
31 Aug 24	₹10,368

Nippon India Strategic Debt Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹182,789.
Net Profit of ₹2,789 Invest Now

Returns for Nippon India Strategic 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 13 Sep 24

Duration	Returns
1 Month	0.8%
3 Month	2.4%
6 Month	4.2%
1 Year	7.7%
3 Year	5.2%
5 Year	0.7%
Since launch	3.7%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	7%
2022	2%
2021	17.4%
2020	-23.5%
2019	-3.4%
2018	4.7%
2017	6.9%
2016	11.1%
2015	9%
2014

Fund Manager information for Nippon India Strategic Debt Fund

Name	Since	Tenure
Kinjal Desai	25 May 18	6.19 Yr.
Sushil Budhia	1 Feb 20	4.5 Yr.
Akshay Sharma	1 Dec 22	1.67 Yr.

Data below for Nippon India Strategic Debt Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	7.27%
Debt	92.37%
Other	0.37%

Debt Sector Allocation

Sector	Value
Corporate	59.81%
Government	32.56%
Cash Equivalent	7.27%

Credit Quality

Rating	Value
AA	46.96%
AAA	53.04%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2037 Sovereign Bonds \| -	17%	₹20 Cr	2,000,000
Summit Digitel Infrastructure Limited Debentures \| -	7%	₹8 Cr	80
7.1% Govt Stock 2034 Sovereign Bonds \| -	4%	₹5 Cr	500,000
7.17% Govt Stock 2030 Sovereign Bonds \| -	4%	₹5 Cr	500,000
Pipeline Infrastructure Ltd. 7.96% Debentures \| -	4%	₹5 Cr	500
Shriram Housing Finance Limited 9.25% Debentures \| -	4%	₹5 Cr	500
DLF Cyber City Developers Limited 8.4% Debentures \| -	4%	₹5 Cr	500
Aadhar Housing Finance Limited Debentures \| -	4%	₹5 Cr	500
JSW Steel Limited Debentures \| -	4%	₹5 Cr	50
Godrej Properties Limited Debentures \| -	4%	₹5 Cr	500

9. Nippon India Banking & PSU Debt Fund

To generate income over short to medium term horizon through investments in debt and money market instruments of various maturities, consisting predominantly of securities issued by entities such as Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs).However, there is no assurance that the investment objective of the Scheme will be achieved

Nippon India Banking & PSU Debt Fund is a Debt - Banking & PSU Debt fund was launched on 15 May 15. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.4% since its launch. Return for 2023 was 6.8% , 2022 was 3.2% and 2021 was 3.9% .

Below is the key information for Nippon India Banking & PSU Debt Fund

Nippon India Banking & PSU Debt Fund Growth
Launch Date	15 May 15
NAV (13 Sep 24)	₹19.463 ↑ 0.01 (0.07 %)
Net Assets (Cr)	₹5,345 on 31 Jul 24
Category	Debt - Banking & PSU Debt
AMC	Nippon Life Asset Management Ltd.
Rating	Not Rated
Risk	Moderately Low
Expense Ratio	0.75
Sharpe Ratio	0.12
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.43%
Effective Maturity	5 Years 3 Months 11 Days
Modified Duration	3 Years 10 Months 2 Days
Sub Cat.	Banking & PSU Debt

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹11,044
31 Aug 21	₹11,675
31 Aug 22	₹11,985
31 Aug 23	₹12,745
31 Aug 24	₹13,695

Nippon India Banking & PSU 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 Banking & PSU 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 13 Sep 24

Duration	Returns
1 Month	0.8%
3 Month	2.3%
6 Month	3.9%
1 Year	7.7%
3 Year	5.5%
5 Year	6.5%
Since launch	7.4%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.8%
2022	3.2%
2021	3.9%
2020	10.9%
2019	10.5%
2018	6.4%
2017	6%
2016	10.2%
2015
2014

Fund Manager information for Nippon India Banking & PSU Debt Fund

Name	Since	Tenure
Vivek Sharma	25 Jun 20	4.1 Yr.
Pranay Sinha	31 Mar 21	3.34 Yr.
Kinjal Desai	25 May 18	6.19 Yr.

Data below for Nippon India Banking & PSU Debt Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	5.35%
Debt	94.39%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	48.72%
Government	47.51%
Cash Equivalent	3.51%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2034 Sovereign Bonds \| -	9%	₹457 Cr	44,932,400 ↑ 1,500,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	6%	₹307 Cr	30,000,000 ↑ 13,000,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	4%	₹237 Cr	23,300,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹220 Cr	22,000
Indian Railway Finance Corporation Limited Debentures \| -	3%	₹176 Cr	17,500
7.23% Govt Stock 2039 Sovereign Bonds \| -	3%	₹144 Cr	14,000,000 ↑ 1,500,000
Rural Electrification Corporation Limited Debentures \| -	2%	₹126 Cr	12,500
Small Industries Development Bank Of India Debentures \| -	2%	₹124 Cr	12,500
Indian Railway Finance Corporation Limited Debentures \| -	2%	₹121 Cr	12,000
Axis Bank Limited Debentures \| -	2%	₹115 Cr	1,150

10. 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 (13 Sep 24)	₹3,905.18 ↑ 1.10 (0.03 %)
Net Assets (Cr)	₹17,694 on 31 Jul 24
Category	Debt - Money Market
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Low
Expense Ratio	0.37
Sharpe Ratio	1.94
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.53%
Effective Maturity	6 Months 16 Days
Modified Duration	6 Months 2 Days
Sub Cat.	Money Market

Growth of 10,000 investment over the years.

Date	Value
31 Aug 19	₹10,000
31 Aug 20	₹10,686
31 Aug 21	₹11,113
31 Aug 22	₹11,569
31 Aug 23	₹12,388
31 Aug 24	₹13,326

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 13 Sep 24

Duration	Returns
1 Month	0.6%
3 Month	1.8%
6 Month	3.8%
1 Year	7.6%
3 Year	6.3%
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	4.5 Yr.
Kinjal Desai	16 Jul 18	6.05 Yr.

Data below for Nippon India Money Market Fund as on 31 Jul 24

Asset Allocation

Asset Class	Value
Cash	82.56%
Debt	17.22%
Other	0.22%

Debt Sector Allocation

Sector	Value
Corporate	53.07%
Cash Equivalent	34.82%
Government	11.88%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 12122024 Sovereign Bonds \| -	2%	₹367 Cr	37,500,000
Canara Bank Domestic Bonds \| -	2%	₹312 Cr	6,500 ↑ 5,000
364 DTB 14112024 Sovereign Bonds \| -	2%	₹295 Cr	30,000,000
07.38% MP Sdl 2025 Sovereign Bonds \| -	1%	₹276 Cr	27,500,000
08.10 JH Sdl 2025 Sovereign Bonds \| -	1%	₹252 Cr	25,000,000
Indian Bank Domestic Bonds \| -	1%	₹240 Cr	5,000
182 DTB 05122024 Sovereign Bonds \| -	1%	₹196 Cr	20,000,000
India (Republic of) - \| -	1%	₹144 Cr	15,000,000
ICICI Bank Ltd. Debentures \| -	1%	₹144 Cr	3,000
08.06 AP Sdl 2025 Sovereign Bonds \| -	1%	₹101 Cr	10,000,000

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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.