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Fincash » Mutual Funds » Nippon India Prime Debt Fund

Nippon India Prime Debt Fund - G

NAV  ₹49.9613 ↑ 0.01  (0.02 %) as on 24 Mar 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 24 Mar 23₹49.9613 ↑ 0.01  (0.02 %)
Net Assets (AUM) as on 28 Feb 2023 ₹1,702 Cr.
Launch Date14 Sep 2000
CategoryDebt - Corporate Bond
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.92%
Effective Maturity3 Years 4 Months 6 Days
Modified Duration2 Years 7 Months 24 Days
Alpha Ratio0.0
Expense Ratio0.63 %
Sharpe Ratio-0.951
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 24 Mar 23

DurationReturns
1 Month 0.7%
3 Month 1.5%
6 Month 3.5%
1 Year 4.8%
3 Year 6.5%
5 Year 6.6%
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
28 Feb 18₹10,000
28 Feb 19₹10,738
29 Feb 20₹11,637
28 Feb 21₹12,493
28 Feb 22₹13,193
28 Feb 23₹13,755
Nippon India Prime Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash6.91%
Debt93.09%
Nippon India Prime Debt Fund Asset Allocation

Sector Allocation

SectorValue
Corporate63.93%
Government29.16%
Cash Equivalent6.91%
RatingValue
AAA100%
Nippon India Prime Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Tata Capital Housing Finance Limited
Debentures | -
6%₹95 Cr1,000
7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -
5%₹90 Cr9,000,000
Summit Digitel Infrastructure Limited
Debentures | -
5%₹82 Cr850
08.39 RJ UDAY 2025
Domestic Bonds | -
5%₹79 Cr7,728,000
Bajaj Finance Limited
Debentures | -
4%₹75 Cr750
LIC Housing Finance Limited
Debentures | -
4%₹75 Cr750
National Bank For Agriculture And Rural Development
Debentures | -
4%₹75 Cr750
State Bank Of India
Debentures | -
4%₹62 Cr650
Tata Capital Financial Services Limited
Debentures | -
3%₹50 Cr500
Power Finance Corporation Ltd.
Debentures | -
3%₹50 Cr500
1 - 10 of 45
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Fund Managers

NameSinceTenure
Vivek Sharma1 Feb 203 Yr.
Kinjal Desai25 May 184.69 Yr.
Akshay Sharma1 Dec 220.17 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
₹49.9613
↑ 0.01
3.47 %4.75 %6.49 %6.59 %
Nippon India Prime Debt Fund
Weekly Dividend, Reinvestment
₹17.1131
↑ 0.00
3.47 %4.75 %6.46 %5.7 %
Nippon India Prime Debt Fund
Quarterly Dividend, Payout
₹11.7472
↑ 0.00
3.44 %4.69 %6.47 %5.81 %
Nippon India Prime Debt Fund
Monthly Dividend, Payout
₹11.5367
↑ 0.00
3.45 %4.73 %6.48 %5.85 %
Nippon India Prime Debt Fund
Monthly Dividend, Reinvestment
₹11.5367
↑ 0.00
3.45 %4.73 %6.48 %5.85 %
Nippon India Prime Debt Fund
Normal Dividend, Payout
₹16.0062
↑ 0.00
3.47 %4.75 %6.49 %6.59 %
Nippon India Prime Debt Fund
Normal Dividend, Reinvestment
₹16.0062
↑ 0.00
3.47 %4.75 %6.49 %6.59 %
Nippon India Prime Debt Fund
Weekly Dividend, Payout
₹17.1131
↑ 0.00
3.47 %4.75 %6.46 %5.7 %
Nippon India Prime Debt Fund
Quarterly Dividend, Reinvestment
₹11.7472
↑ 0.00
3.44 %4.69 %6.47 %5.81 %
Nippon India Prime Debt Fund
Daily Dividend, Reinvestment
₹17.0959
3.38 %4.22 %6.28 %5.58 %
Data as on 24 Mar 23

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