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10 Best Performing Debt Funds by Nippon/Reliance Mutual Fund 2023

Updated on September 25, 2023 , 12081 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 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 2022 was 3.3% , 2021 was 1.2% and 2020 was 10.5% .

Below is the key information for Nippon India Income Fund

Nippon India Income Fund Growth
Launch Date	1 Jan 98
NAV (22 Aug 23)	₹77.9718 ↑ 0.01 (0.01 %)
Net Assets (Cr)	₹282 on 31 Jul 23
Category	Debt - Medium to Long term
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.7
Sharpe Ratio	0.83
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	7.2%
Effective Maturity	6 Years 6 Months 14 Days
Modified Duration	4 Years 6 Months 22 Days
Sub Cat.	Medium to Long term

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹11,522
31 Aug 20	₹12,496
31 Aug 21	₹13,027
31 Aug 22	₹13,258
31 Aug 23	₹14,190

Nippon India Income Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125 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 22 Aug 23

Duration	Returns
1 Month	-0.1%
3 Month	0.4%
6 Month	4.1%
1 Year	7.3%
3 Year	4.1%
5 Year	7.1%
Since launch	8.4%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2013	2.8%

Fund Manager information for Nippon India Income Fund

Name	Since	Tenure
Vivek Sharma	1 Feb 20	3.58 Yr.
Kinjal Desai	25 May 18	5.27 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Income Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	15.24%
Debt	84.76%

Debt Sector Allocation

Sector	Value
Government	72.37%
Cash Equivalent	15.24%
Corporate	12.39%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.26% Govt Stock 2033 Sovereign Bonds \| -	32%	₹91 Cr	9,000,000 ↓ -2,500,000
7.54% Govt Stock 2036 Sovereign Bonds \| -	9%	₹26 Cr	2,550,000
7.1% Govt Stock 2029 Sovereign Bonds \| -	9%	₹25 Cr	2,500,000
7.06% Govt Stock 2028 Sovereign Bonds \| -	9%	₹25 Cr	2,500,000 ↑ 2,500,000
7.38% Govt Stock 2027 Sovereign Bonds \| -	7%	₹20 Cr	2,000,000
Bharat Sanchar Nigam Limited Debentures \| -	4%	₹11 Cr	110
Mahanagar Telephone Nigam Limited Debentures \| -	4%	₹10 Cr	100
HDFC Bank Limited Debentures \| -	3%	₹10 Cr	1,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹10 Cr	1,000
Rural Electrification Corporation Limited Debentures \| -	3%	₹10 Cr	1,000

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 6.2% since its launch. Ranked 21 in Credit Risk category. Return for 2022 was 3.9% , 2021 was 13.5% and 2020 was -5.9% .

Below is the key information for Nippon India Credit Risk Fund

Nippon India Credit Risk Fund Growth
Launch Date	8 Jun 05
NAV (22 Aug 23)	₹30.0359 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹1,019 on 31 Jul 23
Category	Debt - Credit Risk
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.64
Sharpe Ratio	1.06
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	8.97%
Effective Maturity	2 Years 2 Months 19 Days
Modified Duration	1 Year 10 Months 28 Days
Sub Cat.	Credit Risk

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,296
31 Aug 20	₹9,438
31 Aug 21	₹10,923
31 Aug 22	₹11,355
31 Aug 23	₹12,196

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 22 Aug 23

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	4.4%
1 Year	7.2%
3 Year	8.9%
5 Year	4%
Since launch	6.2%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2022	3.9%
2021	13.5%
2020	-5.9%
2019	1.9%
2018	6.1%
2017	7%
2016	10%
2015	8.8%
2014	11%
2013	8%

Fund Manager information for Nippon India Credit Risk Fund

Name	Since	Tenure
Kinjal Desai	25 May 18	5.27 Yr.
Sushil Budhia	1 Feb 20	3.58 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Credit Risk Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	11.29%
Debt	88.71%

Debt Sector Allocation

Sector	Value
Corporate	76.25%
Government	12.46%
Cash Equivalent	11.29%

Credit Quality

Rating	Value
A	24.03%
AA	37.62%
AAA	38.34%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Summit Digitel Infrastructure Limited Debentures \| -	6%	₹60 Cr	620
JSW Steel Limited Debentures \| -	5%	₹55 Cr	550
7.06% Govt Stock 2028 Sovereign Bonds \| -	5%	₹50 Cr	5,000,000 ↑ 5,000,000
Piramal Capital & Housing Finance Limited Debentures \| -	5%	₹50 Cr	624,377
Greenlam Industries Limited Debentures \| -	4%	₹44 Cr	450
Shriram Housing Finance Limited Debentures \| -	4%	₹40 Cr	400
Lodha Developers Private Limited Debentures \| -	4%	₹40 Cr	400
Grasim Industries Limited Debentures \| -	3%	₹35 Cr	350
Renew Services Private Limited Debentures \| -	3%	₹34 Cr	3,400
U.P. Power Corporation Limited Debentures \| -	3%	₹30 Cr	300

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 2022 was 5% , 2021 was 3.8% and 2020 was 6% .

Below is the key information for Nippon India Money Market Fund

Nippon India Money Market Fund Growth
Launch Date	16 Jun 05
NAV (22 Aug 23)	₹3,613.89 ↑ 0.75 (0.02 %)
Net Assets (Cr)	₹11,445 on 31 Jul 23
Category	Debt - Money Market
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Low
Expense Ratio	0.31
Sharpe Ratio	1.83
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.27%
Effective Maturity	5 Months 16 Days
Modified Duration	5 Months 3 Days
Sub Cat.	Money Market

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,870
31 Aug 20	₹11,615
31 Aug 21	₹12,080
31 Aug 22	₹12,576
31 Aug 23	₹13,465

Nippon India Money Market 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 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 22 Aug 23

Duration	Returns
1 Month	0.6%
3 Month	1.7%
6 Month	3.8%
1 Year	7%
3 Year	5%
5 Year	6.1%
Since launch	7.3%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2013	9.2%

Fund Manager information for Nippon India Money Market Fund

Name	Since	Tenure
Anju Chhajer	1 Feb 20	3.58 Yr.
Kinjal Desai	16 Jul 18	5.13 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Money Market Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	73.5%
Debt	26.5%

Debt Sector Allocation

Sector	Value
Government	40.47%
Cash Equivalent	34.15%
Corporate	25.39%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 29022024 Sovereign Bonds \| -	4%	₹483 Cr	50,000,000 ↑ 50,000,000
182 DTB 22022024 Sovereign Bonds \| -	4%	₹436 Cr	45,000,000 ↑ 45,000,000
09.37 GJ Sdl 2023 Sovereign Bonds \| -	3%	₹362 Cr	36,000,000
182 DTB 14122023 Sovereign Bonds \| -	2%	₹289 Cr	29,500,000 ↓ -500,000
182 DTB 18012024 Sovereign Bonds \| -	2%	₹195 Cr	20,000,000
09.39 KA Sdl 2023dec Sovereign Bonds \| -	1%	₹161 Cr	16,000,000
7.32% Govt Stock 2024 Sovereign Bonds \| -	1%	₹150 Cr	15,000,000
Goi Strips - Mat 190324 Sovereign Bonds \| -	1%	₹128 Cr	13,320,000
09.49 Tn SDL 2023 Sovereign Bonds \| -	1%	₹106 Cr	10,500,000
09.38 Tn SDL 2023 Sovereign Bonds \| -	1%	₹106 Cr	10,500,000

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 2022 was 4.3% , 2021 was 4.7% and 2020 was 9.5% .

Below is the key information for Nippon India Prime Debt Fund

Nippon India Prime Debt Fund Growth
Launch Date	14 Sep 00
NAV (22 Aug 23)	₹51.5849 ↓ 0.00 (-0.01 %)
Net Assets (Cr)	₹2,459 on 31 Jul 23
Category	Debt - Corporate Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.64
Sharpe Ratio	0.67
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.52%
Effective Maturity	3 Years 4 Months 6 Days
Modified Duration	2 Years 6 Months 29 Days
Sub Cat.	Corporate Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,815
31 Aug 20	₹11,738
31 Aug 21	₹12,524
31 Aug 22	₹12,965
31 Aug 23	₹13,872

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 22 Aug 23

Duration	Returns
1 Month	0.3%
3 Month	1.2%
6 Month	4%
1 Year	6.8%
3 Year	5.7%
5 Year	6.7%
Since launch	7.4%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2013	8.5%

Fund Manager information for Nippon India Prime Debt Fund

Name	Since	Tenure
Vivek Sharma	1 Feb 20	3.58 Yr.
Kinjal Desai	25 May 18	5.27 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Prime Debt Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	11.68%
Debt	88.32%

Debt Sector Allocation

Sector	Value
Corporate	50.37%
Government	41.79%
Cash Equivalent	7.85%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.26% Govt Stock 2033 Sovereign Bonds \| -	7%	₹176 Cr	17,500,000 ↑ 17,500,000
Export Import Bank Of India Debentures \| -	6%	₹148 Cr	1,500 ↑ 500
National Bank For Agriculture And Rural Development Debentures \| -	5%	₹130 Cr	13,000 ↑ 2,500
Tata Capital Housing Finance Limited Debentures \| -	4%	₹97 Cr	1,000
7.38% Govt Stock 2027 Sovereign Bonds \| -	4%	₹91 Cr	9,000,000 ↓ -2,500,000
Summit Digitel Infrastructure Limited Debentures \| -	3%	₹82 Cr	850
08.39 RJ UDAY 2025 Domestic Bonds \| -	3%	₹78 Cr	7,728,000
Bajaj Housing Finance Limited Debentures \| -	3%	₹75 Cr	750
State Bank Of India Debentures \| -	2%	₹63 Cr	650
Grasim Industries Limited Debentures \| -	2%	₹60 Cr	600

5. 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 2022 was 3.8% , 2021 was 3.7% and 2020 was 11.3% .

Below is the key information for Nippon India Floating Rate Fund

Nippon India Floating Rate Fund Growth
Launch Date	27 Aug 04
NAV (22 Aug 23)	₹39.007 ↓ 0.00 (-0.01 %)
Net Assets (Cr)	₹7,253 on 31 Jul 23
Category	Debt - Floating Rate
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.6
Sharpe Ratio	0.29
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	7.59%
Effective Maturity	3 Years 3 Months 18 Days
Modified Duration	2 Years 5 Months 5 Days
Sub Cat.	Floating Rate

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,900
31 Aug 20	₹12,048
31 Aug 21	₹12,801
31 Aug 22	₹13,153
31 Aug 23	₹14,048

Nippon India Floating Rate Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125 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 22 Aug 23

Duration	Returns
1 Month	0.5%
3 Month	1.5%
6 Month	4%
1 Year	6.7%
3 Year	5.2%
5 Year	7%
Since launch	7.4%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2013	7.9%

Fund Manager information for Nippon India Floating Rate Fund

Name	Since	Tenure
Anju Chhajer	1 Feb 20	3.58 Yr.
Kinjal Desai	25 May 18	5.27 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Floating Rate Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	21.99%
Debt	78.01%

Debt Sector Allocation

Sector	Value
Corporate	52.46%
Government	37.79%
Cash Equivalent	8.72%
Securitized	1.03%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.879999999999999% Govt Stock 2028 Sovereign Bonds \| -	16%	₹1,290 Cr	129,500,000 ↑ 7,500,000
Small Industries Development Bank Of India Debentures \| -	6%	₹471 Cr	4,750
7.93% Govt Stock 2034 Sovereign Bonds \| -	5%	₹428 Cr	43,000,000 ↑ 10,500,000
HDB Financial Services 8.04% Debentures \| -	4%	₹350 Cr	3,500
Power Finance Corporation Ltd. Debentures \| -	4%	₹350 Cr	3,500
State Bank Of India Debentures \| -	4%	₹345 Cr	3,550
8.51% Govt Stock 2033 Sovereign Bonds \| -	4%	₹335 Cr	33,000,000 ↑ 28,000,000
Bajaj Housing Finance Limited Debentures \| -	4%	₹326 Cr	3,250 ↓ -500
Tata Capital Housing Finance Limited Debentures \| -	4%	₹301 Cr	3,000
ICICI Home Finance Company Limited Debentures \| -	3%	₹240 Cr	2,400

6. 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 6.8% since its launch. Ranked 11 in Liquid Fund category. Return for 2022 was 4.8% , 2021 was 3.2% and 2020 was 4.3% .

Below is the key information for Nippon India Liquid Fund

Nippon India Liquid Fund Growth
Launch Date	9 Dec 03
NAV (22 Aug 23)	₹5,598.92 ↑ 1.04 (0.02 %)
Net Assets (Cr)	₹32,768 on 31 Jul 23
Category	Debt - Liquid Fund
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.34
Sharpe Ratio	0.36
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	6.9%
Effective Maturity	1 Month 9 Days
Modified Duration	1 Month 6 Days
Sub Cat.	Liquid Fund

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,742
31 Aug 20	₹11,288
31 Aug 21	₹11,646
31 Aug 22	₹12,090
31 Aug 23	₹12,896

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 22 Aug 23

Duration	Returns
1 Month	0.5%
3 Month	1.7%
6 Month	3.4%
1 Year	6.6%
3 Year	4.5%
5 Year	5.2%
Since launch	6.8%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2013	9.2%

Fund Manager information for Nippon India Liquid Fund

Name	Since	Tenure
Anju Chhajer	1 Oct 13	9.92 Yr.
Siddharth Deb	1 Mar 22	1.5 Yr.
Kinjal Desai	25 May 18	5.27 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Liquid Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	100%

Debt Sector Allocation

Sector	Value
Cash Equivalent	69.89%
Government	16.05%
Corporate	14.06%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Reverse Repo CBLO/Reverse Repo \| -	6%	₹1,654 Cr
182 DTB 14092023 Sovereign Bonds \| -	3%	₹893 Cr	89,500,000
8.83% Govt Stock 2023 Sovereign Bonds \| -	3%	₹788 Cr	78,500,000 ↑ 78,500,000
6.88%corporate Bond Repo (Md 07-09-2023) (Counterparty Reliance Industries CBLO/Reverse Repo \| -	3%	₹764 Cr
Bank Of Baroda Certificate of Deposit \| -	3%	₹743 Cr	15,000
Indian Bank Certificate of Deposit \| -	3%	₹737 Cr	15,000 ↑ 15,000
91 DTB 26102023 Sovereign Bonds \| -	3%	₹733 Cr	74,000,000
Canara Bank Certificate of Deposit \| -	2%	₹691 Cr	14,000
Bank Of Maharashtra Certificate of Deposit \| -	2%	₹689 Cr	14,000 ↑ 14,000
91 DTB 02112023 Sovereign Bonds \| -	2%	₹643 Cr	65,000,000

7. 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 6.4% since its launch. Return for 2022 was 2.4% , 2021 was 2.7% and 2020 was 11.3% .

Below is the key information for Nippon India Dynamic Bond Fund

Nippon India Dynamic Bond Fund Growth
Launch Date	15 Nov 04
NAV (22 Aug 23)	₹32.0005 ↑ 0.02 (0.05 %)
Net Assets (Cr)	₹4,514 on 31 Jul 23
Category	Debt - Dynamic Bond
AMC	Nippon Life Asset Management Ltd.
Rating	Not Rated
Risk	Moderate
Expense Ratio	0.1
Sharpe Ratio	0.46
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	7.53%
Effective Maturity	6 Years 9 Months 14 Days
Modified Duration	5 Years 2 Months 5 Days
Sub Cat.	Dynamic Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹11,184
31 Aug 20	₹12,123
31 Aug 21	₹12,665
31 Aug 22	₹12,985
31 Aug 23	₹13,827

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 22 Aug 23

Duration	Returns
1 Month	0.1%
3 Month	0.7%
6 Month	4.2%
1 Year	6.6%
3 Year	4.3%
5 Year	6.6%
Since launch	6.4%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2013	4.8%

Fund Manager information for Nippon India Dynamic Bond Fund

Name	Since	Tenure
Vivek Sharma	25 Jun 20	3.18 Yr.
Pranay Sinha	31 Mar 21	2.42 Yr.
Kinjal Desai	25 May 18	5.27 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Dynamic Bond Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	3.09%
Debt	96.91%

Debt Sector Allocation

Sector	Value
Government	96.91%
Cash Equivalent	3.09%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
07.83 MH Sdl 2030 Sovereign Bonds \| -	6%	₹280 Cr	27,400,000
07.04 Tn SDL 2030 Sovereign Bonds \| -	5%	₹226 Cr	23,078,300
06.60 Tn SDL 2030 Sovereign Bonds \| -	5%	₹219 Cr	22,939,300
07.78 MH Sgs 2030 Sovereign Bonds \| -	4%	₹195 Cr	19,100,200
7.17% Govt Stock 2030 Sovereign Bonds \| -	4%	₹180 Cr	18,000,000
07.02 Tn SDL 2030 Sovereign Bonds \| -	4%	₹171 Cr	17,500,000
06.33 Tn SDL 2030 Sovereign Bonds \| -	4%	₹163 Cr	17,289,000
6.1% Govt Stock 2031 Sovereign Bonds \| -	3%	₹146 Cr	15,642,200
07.70 MH Sgs 2030 Sovereign Bonds \| -	3%	₹137 Cr	13,500,000
07.76 MH Sgs 2030 Sovereign Bonds \| -	3%	₹127 Cr	12,500,000

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 3.2% since its launch. Ranked 7 in Medium term Bond category. Return for 2022 was 2% , 2021 was 17.4% and 2020 was -23.5% .

Below is the key information for Nippon India Strategic Debt Fund

Nippon India Strategic Debt Fund Growth
Launch Date	26 Jun 14
NAV (22 Aug 23)	₹13.3948 ↑ 0.01 (0.04 %)
Net Assets (Cr)	₹126 on 31 Jul 23
Category	Debt - Medium term Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.93
Sharpe Ratio	0.15
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	7.98%
Effective Maturity	3 Years 11 Months 16 Days
Modified Duration	3 Years 2 Months 1 Day
Sub Cat.	Medium term Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹9,808
31 Aug 20	₹7,415
31 Aug 21	₹8,758
31 Aug 22	₹8,868
31 Aug 23	₹9,467

Nippon India Strategic Debt Fund SIP Returns

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 22 Aug 23

Duration	Returns
1 Month	0.2%
3 Month	0.9%
6 Month	4.5%
1 Year	6.6%
3 Year	8.5%
5 Year	-1.1%
Since launch	3.2%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2022	2%
2021	17.4%
2020	-23.5%
2019	-3.4%
2018	4.7%
2017	6.9%
2016	11.1%
2015	9%
2014
2013

Fund Manager information for Nippon India Strategic Debt Fund

Name	Since	Tenure
Kinjal Desai	25 May 18	5.27 Yr.
Sushil Budhia	1 Feb 20	3.58 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Strategic Debt Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	14.87%
Debt	85.13%

Debt Sector Allocation

Sector	Value
Government	44.59%
Corporate	40.55%
Cash Equivalent	14.87%

Credit Quality

Rating	Value
AA	20.75%
AAA	79.25%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.17% Govt Stock 2030 Sovereign Bonds \| -	12%	₹15 Cr	1,500,000
7.1% Govt Stock 2029 Sovereign Bonds \| -	8%	₹10 Cr	1,000,000
India Grid TRust Debentures \| -	8%	₹10 Cr	100
Summit Digitel Infrastructure Limited Debentures \| -	6%	₹8 Cr	80
Piramal Capital & Housing Finance Limited Debentures \| -	5%	₹6 Cr	75,000
07.59 RJ Sdl 2029 Sovereign Bonds \| -	4%	₹5 Cr	500,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	4%	₹5 Cr	500,000
Muthoot Finance Limited Debentures \| -	4%	₹5 Cr	500
Aadhar Housing Finance Limited Debentures \| -	4%	₹5 Cr	500
HDFC Bank Limited Debentures \| -	4%	₹5 Cr	500

9. 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 8.2% since its launch. Ranked 2 in Government Bond category. Return for 2022 was 2.1% , 2021 was 1.8% and 2020 was 11.2% .

Below is the key information for Nippon India Gilt Securities Fund

Nippon India Gilt Securities Fund Growth
Launch Date	22 Aug 08
NAV (22 Aug 23)	₹32.9536 ↑ 0.01 (0.03 %)
Net Assets (Cr)	₹1,411 on 31 Jul 23
Category	Debt - Government Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.57
Sharpe Ratio	0.35
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	7.24%
Effective Maturity	6 Years 6 Months 25 Days
Modified Duration	4 Years 8 Months 19 Days
Sub Cat.	Government Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹11,692
31 Aug 20	₹12,764
31 Aug 21	₹13,341
31 Aug 22	₹13,510
31 Aug 23	₹14,371

Nippon India Gilt Securities Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125 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 22 Aug 23

Duration	Returns
1 Month	-0.1%
3 Month	0.3%
6 Month	4%
1 Year	6.5%
3 Year	3.8%
5 Year	7.4%
Since launch	8.2%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2013	3.3%

Fund Manager information for Nippon India Gilt Securities Fund

Name	Since	Tenure
Pranay Sinha	31 Mar 21	2.42 Yr.
Kinjal Desai	31 Oct 21	1.84 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Gilt Securities Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	5.08%
Debt	94.92%

Debt Sector Allocation

Sector	Value
Government	94.92%
Cash Equivalent	5.08%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.26% Govt Stock 2033 Sovereign Bonds \| -	25%	₹354 Cr	35,200,000 ↑ 500,000
7.1% Govt Stock 2029 Sovereign Bonds \| -	21%	₹299 Cr	30,000,000
7.06% Govt Stock 2028 Sovereign Bonds \| -	9%	₹125 Cr	12,500,000 ↓ -1,500,000
07.18 Goi 2033 Sovereign Bonds \| -	7%	₹95 Cr	9,500,000 ↑ 8,000,000
7.17% Govt Stock 2030 Sovereign Bonds \| -	5%	₹70 Cr	7,000,000
7.879999999999999% Govt Stock 2028 Sovereign Bonds \| -	4%	₹55 Cr	5,500,000
6.54% Govt Stock 2032 Sovereign Bonds \| -	4%	₹53 Cr	5,533,400
7.26% Govt Stock 2032 Sovereign Bonds \| -	4%	₹52 Cr	5,150,000
07.85 MP Sdl 2032 Sovereign Bonds \| -	4%	₹51 Cr	5,000,000
6.67% Govt Stock 2035 Sovereign Bonds \| -	3%	₹38 Cr	4,000,000

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 2022 was 4.6% , 2021 was 7.8% and 2020 was 4.9% .

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 (22 Aug 23)	₹3,542.95 ↑ 0.67 (0.02 %)
Net Assets (Cr)	₹5,854 on 31 Jul 23
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.17
Sharpe Ratio	-0.54
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.46%
Effective Maturity	5 Months 5 Days
Modified Duration	4 Months 21 Days
Sub Cat.	Ultrashort Bond

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,587
31 Aug 20	₹10,631
31 Aug 21	₹11,564
31 Aug 22	₹12,019
31 Aug 23	₹12,786

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 22 Aug 23

Duration	Returns
1 Month	0.5%
3 Month	1.6%
6 Month	3.4%
1 Year	6.3%
3 Year	6.4%
5 Year	5%
Since launch	6%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
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%
2013	8.5%

Fund Manager information for Nippon India Ultra Short Duration Fund

Name	Since	Tenure
Vivek Sharma	1 Oct 13	9.92 Yr.
Kinjal Desai	25 May 18	5.27 Yr.
Akshay Sharma	1 Dec 22	0.75 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	73.38%
Debt	26.62%

Debt Sector Allocation

Sector	Value
Cash Equivalent	46.48%
Corporate	32.72%
Government	20.8%

Credit Quality

Rating	Value
AA	23.98%
AAA	76.02%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 07122023 Sovereign Bonds \| -	4%	₹246 Cr	25,000,000
182 DTB 18012024 Sovereign Bonds \| -	4%	₹244 Cr	25,000,000
364 DTB 27102023 Sovereign Bonds \| -	3%	₹198 Cr	20,000,000
Tata Realty And Infrastructure Limited Debentures \| -	3%	₹175 Cr	1,750 ↓ -250
Embassy Office Parks Reit Debentures \| -	3%	₹150 Cr	1,500
Samvardhana Motherson International Limited Debentures \| -	2%	₹135 Cr	1,350
Piramal Capital & Housing Finance Ltd Debentures \| -	2%	₹120 Cr	12,000
TATA Motors Limited Debentures \| -	2%	₹110 Cr	1,100
08.39 RJ UDAY 2024 Domestic Bonds \| -	2%	₹101 Cr	10,000,000
Shriram Transport Finance Company Limited Debentures \| -	1%	₹75 Cr	7,500

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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.