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Fincash » Mutual Funds » Nippon India Low Duration Fund

Nippon India Low Duration Fund - G

NAV  ₹3,449.18 ↑ 0.89  (0.03 %) as on 22 May 24

(Erstwhile Reliance Money Manager Fund)

Scheme Objective

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 launched on 20 Mar 07. It is a fund with Moderately Low risk and has given a CAGR 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

NAV as on 22 May 24₹3,449.18 ↑ 0.89  (0.03 %)
Net Assets (AUM) as on 30 Apr 2024 ₹5,805 Cr.
Launch Date20 Mar 2007
CategoryDebt - Low Duration
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.77%
Effective Maturity1 Year 1 Month 14 Days
Modified Duration10 Months 24 Days
Alpha Ratio0.0
Expense Ratio1.04 %
Sharpe Ratio-0.755
Information Ratio0.0
BenchmarkNot Available
ISININF204K01EV6
AMCNippon Life Asset Management Ltd.
Min Investment ₹500
Min SIP Investment ₹100
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 May 24

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.6%
1 Year 6.9%
3 Year 5.4%
5 Year 5.7%
10 Year
15 Year
Since launch 7.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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%

Growth of 10k Over Years

DateValue
30 Apr 19₹10,000
30 Apr 20₹10,570
30 Apr 21₹11,320
30 Apr 22₹11,761
30 Apr 23₹12,378
30 Apr 24₹13,233
Nippon India Low Duration Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash33.84%
Debt65.91%
Other0.25%
Nippon India Low Duration Fund Asset Allocation

Sector Allocation

SectorValue
Corporate66.31%
Government17.59%
Cash Equivalent15.85%
RatingValue
AA13.15%
AAA86.85%
Nippon India Low Duration Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
India (Republic of)
- | -
6%₹341 Cr35,000,000
National Bank For Agriculture And Rural Development
Debentures | -
5%₹308 Cr3,100
Bank of Baroda
Debentures | -
4%₹223 Cr4,500
↓ -2,000
Highways Infrastructure Trust
Debentures | -
3%₹172 Cr1,750
Canara Bank
Domestic Bonds | -
3%₹164 Cr3,500
Kotak Mahindra Investments Limited
Debentures | -
3%₹150 Cr15,000
India (Republic of)
- | -
3%₹146 Cr15,000,000
Power Finance Corporation Ltd.
Debentures | -
2%₹129 Cr1,300
PNb Housing Finance Limited
Debentures | -
2%₹125 Cr12,500
Larsen And Toubro Limited
Debentures | -
2%₹125 Cr12,500
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Fund Managers

NameSinceTenure
Anju Chhajer9 Oct 0914.57 Yr.
Vivek Sharma1 Feb 204.25 Yr.
Kinjal Desai25 May 185.94 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Low Duration Fund
Growth
₹3,449.18
↑ 0.89
3.59 %6.88 %5.38 %5.74 %
Nippon India Low Duration Fund
Weekly Dividend, Payout
₹1,009.4
↑ 0.26
2.91 %6.17 %5.15 %5.28 %
Nippon India Low Duration Fund
Weekly Dividend, Reinvestment
₹1,009.4
↑ 0.26
2.91 %6.17 %5.15 %5.28 %
Nippon India Low Duration Fund
Quarterly Dividend, Payout
₹1,024.87
↑ 0.26
3.54 %6.75 %5.32 %5.36 %
Nippon India Low Duration Fund
Quarterly Dividend, Reinvestment
₹1,024.87
↑ 0.26
3.54 %6.75 %5.32 %5.36 %
Nippon India Low Duration Fund
Monthly Dividend, Payout
₹1,025.62
↓ -5.01
2.89 %5.47 %5.13 %5.33 %
Nippon India Low Duration Fund
Monthly Dividend, Reinvestment
₹1,025.62
↓ -5.01
2.89 %5.47 %5.13 %5.33 %
Nippon India Low Duration Fund
Normal Dividend, Payout
₹1,833.44
↑ 0.47
3.59 %6.88 %5.35 %5.72 %
Nippon India Low Duration Fund
Normal Dividend, Reinvestment
₹1,833.44
↑ 0.47
3.59 %6.88 %5.35 %5.72 %
Nippon India Low Duration Fund
Daily Dividend, Reinvestment
₹1,009.32
↑ 0.05
2.92 %6.18 %5.03 %5.21 %
Data as on 22 May 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.