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Fincash » Mutual Funds » Nippon India Strategic Debt Fund

Nippon India Strategic Debt Fund - G

NAV  ₹14.078 ↑ 0.02  (0.12 %) as on 21 May 24

(Erstwhile Reliance Classic Bond Fund)

Scheme Objective

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity. The scheme would focus its investments predominantly in corporate bonds of various maturities and across ratings for the purpose of achieving regular income and capital appreciation.

Nippon India Strategic Debt Fund is a Debt - Medium term Bond fund launched on 26 Jun 14. It is a fund with Moderate risk and has given a CAGR return of 3.5% since its launch.  Ranked 7 in Medium term Bond category.  Return for 2023 was 7% , 2022 was 2% and 2021 was 17.4% .

Below is the key information for Nippon India Strategic Debt Fund

NAV as on 21 May 24₹14.078 ↑ 0.02  (0.12 %)
Net Assets (AUM) as on 30 Apr 2024 ₹120 Cr.
Launch Date26 Jun 2014
CategoryDebt - Medium term Bond
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity8.24%
Effective Maturity4 Years 2 Months 8 Days
Modified Duration3 Years 14 Days
Alpha Ratio0.0
Expense Ratio1.93 %
Sharpe Ratio-1.059
Information Ratio0.0
BenchmarkNot Available
ISININF204KA1PZ1
AMCNippon Life Asset Management Ltd.
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-12 Months (1%),12 Months and above(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 21 May 24

DurationReturns
1 Month 0.8%
3 Month 1.8%
6 Month 3.7%
1 Year 6%
3 Year 9.2%
5 Year -0.3%
10 Year
15 Year
Since launch 3.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7%
2022 2%
2021 17.4%
2020 -23.5%
2019 -3.4%
2018 4.7%
2017 6.9%
2016 11.1%
2015 9%

Growth of 10k Over Years

DateValue
30 Apr 19₹10,000
30 Apr 20₹7,273
30 Apr 21₹7,534
30 Apr 22₹8,797
30 Apr 23₹9,232
30 Apr 24₹9,792
Nippon India Strategic Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash11.89%
Debt87.76%
Other0.35%
Nippon India Strategic Debt Fund Asset Allocation

Sector Allocation

SectorValue
Corporate49.32%
Government34.77%
Cash Equivalent11.42%
Securitized4.14%
RatingValue
AA42.44%
AAA57.56%
Nippon India Strategic Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.18% Govt Stock 2037
Sovereign Bonds | -
17%₹20 Cr2,000,000
Summit Digitel Infrastructure Limited
Debentures | -
6%₹8 Cr80
Pipeline Infrastructure Ltd. 7.96%
Debentures | -
4%₹5 Cr500
Godrej Properties Limited
Debentures | -
4%₹5 Cr500
Shriram Housing Finance Limited 9.25%
Debentures | -
4%₹5 Cr500
↑ 500
Manappuram Finance Limited
Debentures | -
4%₹5 Cr500
7.17% Govt Stock 2030
Sovereign Bonds | -
4%₹5 Cr500,000
JSW Steel Limited
Debentures | -
4%₹5 Cr50
DLF Cyber City Developers Limited 8.4%
Debentures | -
4%₹5 Cr500
Century Textiles And Industried Limited
Debentures | -
4%₹5 Cr500
1 - 10 of 27
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Fund Managers

NameSinceTenure
Kinjal Desai25 May 185.86 Yr.
Sushil Budhia1 Feb 204.17 Yr.
Akshay Sharma1 Dec 221.33 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 Strategic Debt Fund
Normal Dividend, Payout
₹12.0468
↑ 0.01
3.7 %5.96 %9.22 %-0.29 %
Nippon India Strategic Debt Fund
Normal Dividend, Reinvestment
₹12.0468
↑ 0.01
3.19 %8 %9.21 %-1.07 %
Nippon India Strategic Debt Fund
Quarterly Dividend, Payout
₹10.3839
↑ 0.01
3.7 %5.96 %9.22 %-0.29 %
Nippon India Strategic Debt Fund
Quarterly Dividend, Reinvestment
₹10.3839
↑ 0.01
3.7 %5.96 %9.22 %-0.29 %
Nippon India Strategic Debt Fund
Growth
₹14.078
↑ 0.02
3.7 %5.96 %9.22 %-0.29 %
Data as on 21 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.