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Fincash » Mutual Funds » Nippon India Prime Debt Fund

Nippon India Prime Debt Fund - G

NAV  ₹51.5849 ↓ 0.00  (-0.01 %) as on 22 Aug 23

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

Below is the key information for Nippon India Prime Debt Fund

NAV as on 22 Aug 23₹51.5849 ↓ 0.00  (-0.01 %)
Net Assets (AUM) as on 31 Jul 2023 ₹2,459 Cr.
Launch Date14 Sep 2000
CategoryDebt - Corporate Bond
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.52%
Effective Maturity3 Years 4 Months 6 Days
Modified Duration2 Years 6 Months 29 Days
Alpha Ratio0.0
Expense Ratio0.64 %
Sharpe Ratio0.67
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 22 Aug 23

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

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
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%

Growth of 10k Over Years

DateValue
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 Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash11.68%
Debt88.32%
Nippon India Prime Debt Fund Asset Allocation

Sector Allocation

SectorValue
Corporate50.37%
Government41.79%
Cash Equivalent7.85%
RatingValue
AAA100%
Nippon India Prime Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.26% Govt Stock 2033
Sovereign Bonds | -
7%₹176 Cr17,500,000
↑ 17,500,000
Export Import Bank Of India
Debentures | -
6%₹148 Cr1,500
↑ 500
National Bank For Agriculture And Rural Development
Debentures | -
5%₹130 Cr13,000
↑ 2,500
Tata Capital Housing Finance Limited
Debentures | -
4%₹97 Cr1,000
7.38% Govt Stock 2027
Sovereign Bonds | -
4%₹91 Cr9,000,000
↓ -2,500,000
Summit Digitel Infrastructure Limited
Debentures | -
3%₹82 Cr850
08.39 RJ UDAY 2025
Domestic Bonds | -
3%₹78 Cr7,728,000
Bajaj Housing Finance Limited
Debentures | -
3%₹75 Cr750
State Bank Of India
Debentures | -
2%₹63 Cr650
Grasim Industries Limited
Debentures | -
2%₹60 Cr600
1 - 10 of 63
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Fund Managers

NameSinceTenure
Vivek Sharma1 Feb 203.58 Yr.
Kinjal Desai25 May 185.27 Yr.
Akshay Sharma1 Dec 220.75 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
₹51.5849
↓ 0.00
3.98 %6.84 %5.74 %6.73 %
Nippon India Prime Debt Fund
Weekly Dividend, Payout
₹17.0959
↓ -0.02
3.98 %6.84 %5.74 %5.99 %
Nippon India Prime Debt Fund
Weekly Dividend, Reinvestment
₹17.0959
↓ -0.02
3.98 %6.84 %5.74 %5.99 %
Nippon India Prime Debt Fund
Quarterly Dividend, Payout
₹11.8214
↓ 0.00
3.9 %6.71 %5.7 %5.98 %
Nippon India Prime Debt Fund
Quarterly Dividend, Reinvestment
₹11.8214
↓ 0.00
3.9 %6.71 %5.7 %5.98 %
Nippon India Prime Debt Fund
Monthly Dividend, Payout
₹11.5234
↓ -0.03
3.95 %5.98 %5.72 %6.13 %
Nippon India Prime Debt Fund
Monthly Dividend, Reinvestment
₹11.5234
↓ -0.03
3.95 %5.98 %5.72 %6.13 %
Nippon India Prime Debt Fund
Normal Dividend, Payout
₹16.5264
↓ 0.00
3.98 %6.84 %5.74 %6.73 %
Nippon India Prime Debt Fund
Normal Dividend, Reinvestment
₹16.5264
↓ 0.00
3.98 %6.84 %5.74 %6.73 %
Nippon India Prime Debt Fund
Daily Dividend, Reinvestment
₹17.0948
↓ 0.00
3.96 %6.76 %5.56 %5.87 %
Data as on 22 Aug 23

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