fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Nippon India Prime Debt Fund

Nippon India Prime Debt Fund - G

NAV  ₹55.1782 ↑ 0.03  (0.05 %) as on 18 Jul 24

(Erstwhile Reliance Medium Term Fund)

Scheme Objective

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 launched on 14 Sep 00. It is a fund with Moderately Low risk and has given a CAGR 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

NAV as on 18 Jul 24₹55.1782 ↑ 0.03  (0.05 %)
Net Assets (AUM) as on 31 May 2024 ₹3,178 Cr.
Launch Date14 Sep 2000
CategoryDebt - Corporate Bond
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.68%
Effective Maturity4 Years 9 Months 29 Days
Modified Duration3 Years 8 Months 8 Days
Alpha Ratio0.0
Expense Ratio0.64 %
Sharpe Ratio-0.135
Information Ratio0.0
BenchmarkNot Available
ISININF204K01EF9
AMCNippon Life Asset Management Ltd.
Min Investment ₹1,000
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 18 Jul 24

DurationReturns
1 Month 0.8%
3 Month 2.2%
6 Month 4.1%
1 Year 7.3%
3 Year 6%
5 Year 6.7%
10 Year
15 Year
Since launch 7.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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%

Growth of 10k Over Years

DateValue
30 Jun 19₹10,000
30 Jun 20₹10,912
30 Jun 21₹11,668
30 Jun 22₹12,072
30 Jun 23₹12,974
30 Jun 24₹13,908
Nippon India Prime Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.13%
Debt96.68%
Other0.19%
Nippon India Prime Debt Fund Asset Allocation

Sector Allocation

SectorValue
Corporate57.15%
Government39.53%
Cash Equivalent3.13%
RatingValue
AAA100%
Nippon India Prime Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.32% Govt Stock 2030
Sovereign Bonds | -
9%₹289 Cr28,500,000
7.18% Govt Stock 2033
Sovereign Bonds | -
6%₹202 Cr20,000,000
↑ 2,500,000
7.1% Govt Stock 2034
Sovereign Bonds | -
4%₹126 Cr12,500,000
↑ 10,000,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹125 Cr12,500
Indian Railway Finance Corporation Limited
Debentures | -
3%₹98 Cr950
Summit Digitel Infrastructure Limited
Debentures | -
3%₹98 Cr1,000
SBI General Insurance Company Limited
Debentures | -
3%₹85 Cr8,500
Tata Capital Housing Finance Limited
Debentures | -
2%₹78 Cr800
↓ -200
7.18% Govt Stock 2037
Sovereign Bonds | -
2%₹76 Cr7,500,000
Pipeline Infrastructure Ltd. 7.96%
Debentures | -
2%₹76 Cr7,500
1 - 10 of 69
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Vivek Sharma1 Feb 204.33 Yr.
Kinjal Desai25 May 186.02 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 Prime Debt Fund
Growth
₹55.1782
↑ 0.03
4.09 %7.32 %6.03 %6.71 %
Nippon India Prime Debt Fund
Weekly Dividend, Reinvestment
₹17.1041
↑ 0.01
2 %5.16 %5.32 %5.93 %
Nippon India Prime Debt Fund
Quarterly Dividend, Payout
₹11.9149
↑ 0.01
2.49 %5.64 %5.43 %5.99 %
Nippon India Prime Debt Fund
Monthly Dividend, Payout
₹11.6421
↑ 0.01
2.46 %5.62 %5.45 %6.04 %
Nippon India Prime Debt Fund
Monthly Dividend, Reinvestment
₹11.6421
↑ 0.01
2.46 %5.62 %5.45 %6.04 %
Nippon India Prime Debt Fund
Normal Dividend, Payout
₹17.6776
↑ 0.01
4.09 %7.32 %6.03 %6.71 %
Nippon India Prime Debt Fund
Normal Dividend, Reinvestment
₹17.6776
↑ 0.01
4.09 %7.32 %6.03 %6.71 %
Nippon India Prime Debt Fund
Weekly Dividend, Payout
₹17.1041
↑ 0.01
2 %5.16 %5.32 %5.93 %
Nippon India Prime Debt Fund
Quarterly Dividend, Reinvestment
₹11.9149
↑ 0.01
2.49 %5.64 %5.43 %5.99 %
Nippon India Prime Debt Fund
Daily Dividend, Reinvestment
₹17.0959
3.48 %6.69 %5.79 %6.22 %
Data as on 18 Jul 24

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