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

Updated on April 22, 2024 , 12641 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 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 Apr 24)	₹3,799.14 ↑ 0.19 (0.01 %)
Net Assets (Cr)	₹12,205 on 31 Mar 24
Category	Debt - Money Market
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Low
Expense Ratio	0.31
Sharpe Ratio	2.05
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.89%
Effective Maturity	8 Months 21 Days
Modified Duration	8 Months 2 Days
Sub Cat.	Money Market

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,741
31 Mar 21	₹11,321
31 Mar 22	₹11,765
31 Mar 23	₹12,442
31 Mar 24	₹13,386

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 24 Apr 24

Duration	Returns
1 Month	0.8%
3 Month	2.1%
6 Month	3.9%
1 Year	7.6%
3 Year	5.8%
5 Year	6%
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	4.17 Yr.
Kinjal Desai	16 Jul 18	5.72 Yr.

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

Asset Allocation

Asset Class	Value
Cash	77.2%
Debt	22.56%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	51.9%
Cash Equivalent	24.86%
Government	22.99%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 29082024 Sovereign Bonds \| -	4%	₹484 Cr	50,000,000
Indusind Bank Ltd. Debentures \| -	2%	₹278 Cr	6,000 ↑ 6,000
08.10 JH Sdl 2025 Sovereign Bonds \| -	2%	₹252 Cr	25,000,000 ↑ 25,000,000
08.06 AP Sdl 2025 Sovereign Bonds \| -	2%	₹252 Cr	25,000,000
08.09 Ts SDL 2025 Sovereign Bonds \| -	2%	₹237 Cr	23,500,000
AU Small Finance Bank Ltd. Debentures \| -	2%	₹231 Cr	5,000 ↑ 5,000
Federal Bank Ltd. Debentures \| -	1%	₹186 Cr	4,000 ↑ 4,000
182 DTB 22082024 Sovereign Bonds \| -	1%	₹170 Cr	17,500,000 ↑ 7,500,000
05.80 MH Sdl 2025 Sovereign Bonds \| -	1%	₹148 Cr	15,000,000 ↑ 15,000,000
Shriram Finance Ltd. Debentures \| -	1%	₹138 Cr	3,000 ↑ 3,000

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 Apr 24)	₹31.5318 ↑ 0.00 (0.00 %)
Net Assets (Cr)	₹1,024 on 31 Mar 24
Category	Debt - Credit Risk
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.64
Sharpe Ratio	2.07
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	9.02%
Effective Maturity	2 Years 2 Months 16 Days
Modified Duration	1 Year 10 Months 2 Days
Sub Cat.	Credit Risk

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹8,876
31 Mar 21	₹9,556
31 Mar 22	₹10,773
31 Mar 23	₹11,282
31 Mar 24	₹12,192

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 Apr 24

Duration	Returns
1 Month	0.6%
3 Month	1.9%
6 Month	3.8%
1 Year	7.5%
3 Year	8.4%
5 Year	4.1%
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	5.86 Yr.
Sushil Budhia	1 Feb 20	4.16 Yr.

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

Asset Allocation

Asset Class	Value
Cash	4.42%
Debt	95.33%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	84.78%
Government	10.55%
Cash Equivalent	4.42%

Credit Quality

Rating	Value
A	23.35%
AA	47.98%
AAA	28.67%

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
7.1% Govt Stock 2029 Sovereign Bonds \| -	5%	₹50 Cr	5,000,000
7.06% Govt Stock 2028 Sovereign Bonds \| -	5%	₹50 Cr	5,000,000
Indinfravit Trust Debentures \| -	5%	₹49 Cr	5,000
Godrej Properties Limited Debentures \| -	4%	₹45 Cr	4,500
Greenlam Industries Limited Debentures \| -	4%	₹44 Cr	450
Prestige Projects Private Limited 11.75% Debentures \| -	4%	₹40 Cr	4,000 ↑ 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 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 Apr 24)	₹40.8972 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹7,943 on 31 Mar 24
Category	Debt - Floating Rate
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	0.6
Sharpe Ratio	1.3
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	7.91%
Effective Maturity	3 Years 3 Months 18 Days
Modified Duration	2 Years 5 Months 23 Days
Sub Cat.	Floating Rate

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,875
31 Mar 21	₹11,861
31 Mar 22	₹12,399
31 Mar 23	₹12,938
31 Mar 24	₹13,946

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 Apr 24

Duration	Returns
1 Month	0.6%
3 Month	2%
6 Month	3.8%
1 Year	7.2%
3 Year	5.5%
5 Year	6.9%
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	4.17 Yr.
Kinjal Desai	25 May 18	5.86 Yr.

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

Asset Allocation

Asset Class	Value
Cash	9.24%
Debt	90.53%
Other	0.24%

Debt Sector Allocation

Sector	Value
Corporate	60.62%
Government	33.11%
Cash Equivalent	5.66%
Securitized	0.37%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.69% Govt Stock 2028 Sovereign Bonds \| -	8%	₹593 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
8.1% Govt Stock 2034 Sovereign Bonds \| -	4%	₹304 Cr	30,500,000
Tata Capital Housing Finance Limited Debentures \| -	4%	₹299 Cr	3,000
Jamnagar Utilities & Power Private Limited Debentures \| -	3%	₹271 Cr	2,800
Indian Railway Finance Corporation Limited Debentures \| -	3%	₹251 Cr	25,000
Rural Electrification Corporation Limited Debentures \| -	3%	₹250 Cr	25,000
Bajaj Housing Finance Limited Debentures \| -	3%	₹240 Cr	2,400 ↓ -600
ICICI Home Finance Company Limited Debentures \| -	3%	₹239 Cr	2,400

4. 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 Apr 24)	₹5,873.94 ↑ 0.91 (0.02 %)
Net Assets (Cr)	₹25,253 on 31 Mar 24
Category	Debt - Liquid Fund
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Low
Expense Ratio	0.34
Sharpe Ratio	0.93
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.48%
Effective Maturity	1 Month 12 Days
Modified Duration	1 Month 8 Days
Sub Cat.	Liquid Fund

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,624
31 Mar 21	₹11,009
31 Mar 22	₹11,377
31 Mar 23	₹12,014
31 Mar 24	₹12,874

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 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.7%
1 Year	7.2%
3 Year	5.5%
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	10.51 Yr.
Siddharth Deb	1 Mar 22	2.09 Yr.
Kinjal Desai	25 May 18	5.86 Yr.

Data below for Nippon India Liquid Fund as on 31 Mar 24

Asset Allocation

Asset Class	Value
Cash	99.81%
Other	0.19%

Debt Sector Allocation

Sector	Value
Cash Equivalent	66.49%
Corporate	19.29%
Government	14.03%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
91 DTB 23052024 Sovereign Bonds \| -	4%	₹1,481 Cr	150,000,000
India (Republic of) - \| -	4%	₹1,475 Cr	150,000,000 ↑ 150,000,000
Bank of Baroda Debentures \| -	3%	₹984 Cr	20,000 ↑ 20,000
Small Industries Development Bank of India Commercial Paper \| -	2%	₹742 Cr	15,000
Reverse Repo CBLO/Reverse Repo \| -	2%	₹734 Cr
Punjab National Bank Certificate of Deposit \| -	2%	₹717 Cr	14,400 ↓ -9,000
HDFC Bank Limited Certificate of Deposit \| -	2%	₹689 Cr	14,000
Bajaj Finance Ltd. Commercial Paper \| -	2%	₹687 Cr	14,000 ↑ 14,000
Aditya Birla Finance Limited Commercial Paper \| -	2%	₹590 Cr	12,000 ↑ 12,000
India (Republic of) - \| -	2%	₹542 Cr	54,500,000 ↓ -500,000

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 Apr 24)	₹54.0773 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹2,818 on 31 Mar 24
Category	Debt - Corporate Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	0.64
Sharpe Ratio	0.92
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.74%
Effective Maturity	4 Years 1 Month 13 Days
Modified Duration	3 Years 1 Month 20 Days
Sub Cat.	Corporate Bond

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,782
31 Mar 21	₹11,601
31 Mar 22	₹12,211
31 Mar 23	₹12,797
31 Mar 24	₹13,801

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 Apr 24

Duration	Returns
1 Month	0.4%
3 Month	1.9%
6 Month	4%
1 Year	7%
3 Year	5.9%
5 Year	6.6%
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	4.17 Yr.
Kinjal Desai	25 May 18	5.86 Yr.

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

Asset Allocation

Asset Class	Value
Cash	4.61%
Debt	95.17%
Other	0.22%

Debt Sector Allocation

Sector	Value
Corporate	60.27%
Government	34.89%
Cash Equivalent	4.61%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2033 Sovereign Bonds \| -	5%	₹151 Cr	15,000,000 ↑ 7,500,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	5%	₹151 Cr	15,000,000 ↑ 5,000,000
National Bank For Agriculture And Rural Development Debentures \| -	5%	₹125 Cr	12,500
SBI General Insurance Company Limited Debentures \| -	4%	₹101 Cr	10,000
Tata Capital Limited Debentures \| -	4%	₹100 Cr	10,000
LIC Housing Finance Ltd. 7.84% Debentures \| -	4%	₹100 Cr	10,000 ↑ 10,000
Indian Railway Finance Corporation Limited Debentures \| -	4%	₹98 Cr	950
Summit Digitel Infrastructure Limited Debentures \| -	4%	₹97 Cr	1,000
Tata Capital Housing Finance Limited Debentures \| -	4%	₹97 Cr	1,000
7.32% Govt Stock 2030 Sovereign Bonds \| -	3%	₹76 Cr	7,500,000

6. Nippon India Low Duration Fund

(Erstwhile Reliance Money Manager Fund)

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

Nippon India Low Duration Fund is a Debt - Low Duration fund was launched on 20 Mar 07. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.5% since its launch. Ranked 31 in Low Duration category. Return for 2023 was 6.7% , 2022 was 4.2% and 2021 was 4.1% .

Below is the key information for Nippon India Low Duration Fund

Nippon India Low Duration Fund Growth
Launch Date	20 Mar 07
NAV (24 Apr 24)	₹3,431.62 ↑ 0.24 (0.01 %)
Net Assets (Cr)	₹6,221 on 31 Mar 24
Category	Debt - Low Duration
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆
Risk	Moderately Low
Expense Ratio	1.04
Sharpe Ratio	0.07
Information Ratio	0
Alpha Ratio	0
Min Investment	500
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.78%
Effective Maturity	1 Year 30 Days
Modified Duration	10 Months 24 Days
Sub Cat.	Low Duration

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,652
31 Mar 21	₹11,317
31 Mar 22	₹11,793
31 Mar 23	₹12,350
31 Mar 24	₹13,219

Nippon India Low 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 Low 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 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.6%
1 Year	7%
3 Year	5.4%
5 Year	5.8%
Since launch	7.5%
10 Year
15 Year

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.7%
2022	4.2%
2021	4.1%
2020	7.3%
2019	7%
2018	7.4%
2017	6.6%
2016	8.5%
2015	8.4%
2014	9%

Fund Manager information for Nippon India Low Duration Fund

Name	Since	Tenure
Anju Chhajer	9 Oct 09	14.49 Yr.
Vivek Sharma	1 Feb 20	4.17 Yr.
Kinjal Desai	25 May 18	5.86 Yr.

Data below for Nippon India Low Duration Fund as on 31 Mar 24

Asset Allocation

Asset Class	Value
Cash	41.61%
Debt	58.12%
Other	0.27%

Debt Sector Allocation

Sector	Value
Corporate	63.17%
Government	20.86%
Cash Equivalent	15.7%

Credit Quality

Rating	Value
AA	13.22%
AAA	86.78%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	4%	₹242 Cr	25,000,000 ↑ 25,000,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹189 Cr	1,900
Highways Infrastructure Trust Debentures \| -	3%	₹172 Cr	1,750
Muthoot Finance Limited Debentures \| -	3%	₹150 Cr	15,000
Power Finance Corporation Ltd. Debentures \| -	2%	₹129 Cr	1,300
Small Industries Development Bank Of India Debentures \| -	2%	₹125 Cr	12,500
PNb Housing Finance Limited Debentures \| -	2%	₹125 Cr	12,500
India Grid TRust Debentures \| -	2%	₹124 Cr	1,250
Small Industries Development Bank Of India Debentures \| -	2%	₹99 Cr	10,000
Hdb Financial Services Limited Debentures \| -	2%	₹99 Cr	1,000

7. 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 Apr 24)	₹3,709.17 ↑ 0.38 (0.01 %)
Net Assets (Cr)	₹4,332 on 31 Mar 24
Category	Debt - Ultrashort Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆
Risk	Low
Expense Ratio	1.17
Sharpe Ratio	-0.34
Information Ratio	0
Alpha Ratio	0
Min Investment	100
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.89%
Effective Maturity	5 Months 25 Days
Modified Duration	5 Months 7 Days
Sub Cat.	Ultrashort Bond

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹9,975
31 Mar 21	₹10,468
31 Mar 22	₹11,275
31 Mar 23	₹11,861
31 Mar 24	₹12,682

Nippon India Ultra Short Duration 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 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 Apr 24

Duration	Returns
1 Month	0.8%
3 Month	1.9%
6 Month	3.6%
1 Year	6.9%
3 Year	6.7%
5 Year	4.9%
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	10.5 Yr.
Kinjal Desai	25 May 18	5.85 Yr.
Akshay Sharma	1 Dec 22	1.33 Yr.

Data below for Nippon India Ultra Short Duration Fund as on 31 Mar 24

Asset Allocation

Asset Class	Value
Cash	56.59%
Debt	43.15%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	57.24%
Cash Equivalent	27.6%
Government	14.9%

Credit Quality

Rating	Value
AA	18.47%
AAA	81.53%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
India (Republic of) - \| -	9%	₹483 Cr	50,000,000 ↑ 50,000,000
Canara Bank Domestic Bonds \| -	5%	₹270 Cr	5,500 ↑ 5,500
Indinfravit Trust Debentures \| -	4%	₹216 Cr	22,000
Dlf Cyber City Developers Ltd Debentures \| -	3%	₹187 Cr	1,890
Power Finance Corporation Limited Debentures \| -	2%	₹101 Cr	1,000
PNb Housing Finance Limited Debentures \| -	2%	₹100 Cr	10,000
L&T Metro Rail (Hyderabad) Limited Debentures \| -	2%	₹98 Cr	1,000
182 DTB 22082024 Sovereign Bonds \| -	2%	₹97 Cr	10,000,000
Shriram Transport Finance Company Limited Debentures \| -	2%	₹95 Cr	9,500
Indusind Bank Ltd. Debentures \| -	2%	₹93 Cr	2,000 ↑ 2,000

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 Apr 24)	₹47.7507 ↓ -0.01 (-0.02 %)
Net Assets (Cr)	₹5,524 on 31 Mar 24
Category	Debt - Short term Bond
AMC	Nippon Life Asset Management Ltd.
Rating	☆☆☆☆
Risk	Moderately Low
Expense Ratio	1.16
Sharpe Ratio	0.5
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
Modified Duration	2 Years 8 Months 5 Days
Sub Cat.	Short term Bond

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,880
31 Mar 21	₹11,750
31 Mar 22	₹12,326
31 Mar 23	₹12,779
31 Mar 24	₹13,723

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 Apr 24

Duration	Returns
1 Month	0.5%
3 Month	1.8%
6 Month	3.9%
1 Year	6.7%
3 Year	5.2%
5 Year	6.5%
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	4.17 Yr.
Kinjal Desai	25 May 18	5.86 Yr.
Sushil Budhia	31 Mar 21	3.01 Yr.

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

Asset Allocation

Asset Class	Value
Cash	9.57%
Debt	90.17%
Other	0.26%

Debt Sector Allocation

Sector	Value
Corporate	54.91%
Government	37.54%
Cash Equivalent	6.68%
Securitized	0.61%

Credit Quality

Rating	Value
AA	10.97%
AAA	89.03%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.17% Govt Stock 2030 Sovereign Bonds \| -	12%	₹723 Cr	72,000,000 ↑ 10,000,000
7.1% Govt Stock 2029 Sovereign Bonds \| -	6%	₹375 Cr	37,500,000 ↑ 15,000,000
7.06% Govt Stock 2028 Sovereign Bonds \| -	5%	₹325 Cr	32,500,000
National Bank For Agriculture And Rural Development Debentures \| -	3%	₹201 Cr	20,000 ↑ 5,000
LIC Housing Finance Ltd. 7.84% Debentures \| -	3%	₹200 Cr	20,000 ↑ 20,000
07.86 MH Sdl 2030 Sovereign Bonds \| -	3%	₹164 Cr	16,000,000 ↓ -500,000
India Grid TRust Debentures \| -	3%	₹159 Cr	1,600
Rural Electrification Corporation Limited Debentures \| -	3%	₹150 Cr	15,000
Small Industries Development Bank Of India Debentures \| -	2%	₹146 Cr	14,500
Bharti Telecom Limited Debentures \| -	2%	₹127 Cr	12,500

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 7.3% 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 (24 Apr 24)	₹18.8072 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹5,466 on 31 Mar 24
Category	Debt - Banking & PSU Debt
AMC	Nippon Life Asset Management Ltd.
Rating	Not Rated
Risk	Moderately Low
Expense Ratio	0.82
Sharpe Ratio	0.39
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	NIL
Yield to Maturity	7.59%
Effective Maturity	4 Years 6 Months 7 Days
Modified Duration	3 Years 3 Months 25 Days
Sub Cat.	Banking & PSU Debt

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹11,049
31 Mar 21	₹11,969
31 Mar 22	₹12,519
31 Mar 23	₹12,998
31 Mar 24	₹13,953

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 24 Apr 24

Duration	Returns
1 Month	0.4%
3 Month	1.8%
6 Month	3.8%
1 Year	6.5%
3 Year	5.1%
5 Year	6.9%
Since launch	7.3%
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	3.77 Yr.
Pranay Sinha	31 Mar 21	3 Yr.
Kinjal Desai	25 May 18	5.86 Yr.

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

Asset Allocation

Asset Class	Value
Cash	12.25%
Debt	87.5%
Other	0.25%

Debt Sector Allocation

Sector	Value
Corporate	47.8%
Government	46.29%
Cash Equivalent	5.66%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2037 Sovereign Bonds \| -	7%	₹397 Cr	39,500,000 ↑ 5,000,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	7%	₹384 Cr	38,000,000 ↑ 3,500,000
7.18% Govt Stock 2033 Sovereign Bonds \| -	4%	₹232 Cr	23,000,000 ↑ 3,000,000
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹220 Cr	22,000
Small Industries Development Bank Of India Debentures \| -	4%	₹198 Cr	20,000
Rural Electrification Corporation Limited Debentures \| -	2%	₹126 Cr	12,500
Indian Railway Finance Corporation Limited Debentures \| -	2%	₹125 Cr	12,500
Mahanagar Telephone Nigam Limited Debentures \| -	2%	₹118 Cr	1,150
Power Grid Corporation Of India Limited Debentures \| -	2%	₹117 Cr	12,500
Axis Bank Limited Debentures \| -	2%	₹115 Cr	1,150

10. 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 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 Apr 24)	₹33.4173 ↑ 0.00 (0.00 %)
Net Assets (Cr)	₹4,559 on 31 Mar 24
Category	Debt - Dynamic Bond
AMC	Nippon Life Asset Management Ltd.
Rating	Not Rated
Risk	Moderate
Expense Ratio	0.1
Sharpe Ratio	0.48
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	7.48%
Effective Maturity	6 Years 2 Months 26 Days
Modified Duration	4 Years 10 Months 6 Days
Sub Cat.	Dynamic Bond

Growth of 10,000 investment over the years.

Date	Value
31 Mar 19	₹10,000
31 Mar 20	₹10,913
31 Mar 21	₹11,713
31 Mar 22	₹12,197
31 Mar 23	₹12,621
31 Mar 24	₹13,624

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 24 Apr 24

Duration	Returns
1 Month	0.3%
3 Month	2%
6 Month	4.3%
1 Year	6.5%
3 Year	4.9%
5 Year	6.5%
Since launch	6.4%
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	3.77 Yr.
Pranay Sinha	31 Mar 21	3 Yr.
Kinjal Desai	25 May 18	5.86 Yr.

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

Asset Allocation

Asset Class	Value
Cash	3.02%
Debt	96.73%
Other	0.25%

Debt Sector Allocation

Sector	Value
Government	96.73%
Cash Equivalent	3.02%

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
7.17% Govt Stock 2030 Sovereign Bonds \| -	6%	₹261 Cr	26,000,000
07.04 Tn SDL 2030 Sovereign Bonds \| -	5%	₹227 Cr	23,078,300
06.60 Tn SDL 2030 Sovereign Bonds \| -	5%	₹221 Cr	22,939,300
07.78 MH Sgs 2030 Sovereign Bonds \| -	4%	₹195 Cr	19,100,200
07.02 Tn SDL 2030 Sovereign Bonds \| -	4%	₹172 Cr	17,500,000
06.33 Tn SDL 2030 Sovereign Bonds \| -	4%	₹164 Cr	17,289,000
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
6.1% Govt Stock 2031 Sovereign Bonds \| -	3%	₹119 Cr	12,642,200

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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.