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Fincash » Mutual Funds » Nippon India Strategic Debt Fund

Nippon India Strategic Debt Fund - G

NAV  ₹13.3948 ↑ 0.01  (0.04 %) as on 22 Aug 23

(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 3.2% since its launch.  Ranked 7 in Medium term Bond category.  Return for 2022 was 2% , 2021 was 17.4% and 2020 was -23.5% .

Below is the key information for Nippon India Strategic Debt Fund

NAV as on 22 Aug 23₹13.3948 ↑ 0.01  (0.04 %)
Net Assets (AUM) as on 31 Jul 2023 ₹126 Cr.
Launch Date26 Jun 2014
CategoryDebt - Medium term Bond
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity7.98%
Effective Maturity3 Years 11 Months 16 Days
Modified Duration3 Years 2 Months 1 Day
Alpha Ratio0.0
Expense Ratio1.93 %
Sharpe Ratio0.146
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 22 Aug 23

DurationReturns
1 Month 0.2%
3 Month 0.9%
6 Month 4.5%
1 Year 6.6%
3 Year 8.5%
5 Year -1.1%
10 Year
15 Year
Since launch 3.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 2%
2021 17.4%
2020 -23.5%
2019 -3.4%
2018 4.7%
2017 6.9%
2016 11.1%
2015 9%
2014

Growth of 10k Over Years

DateValue
30 Sep 18₹10,000
30 Sep 19₹9,899
30 Sep 20₹7,314
30 Sep 21₹8,811
30 Sep 22₹8,894
30 Sep 23₹9,523
Nippon India Strategic Debt Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash14.87%
Debt85.13%
Nippon India Strategic Debt Fund Asset Allocation

Sector Allocation

SectorValue
Government44.59%
Corporate40.55%
Cash Equivalent14.87%
RatingValue
AA20.75%
AAA79.25%
Nippon India Strategic Debt Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
7.17% Govt Stock 2030
Sovereign Bonds | -
12%₹15 Cr1,500,000
7.1% Govt Stock 2029
Sovereign Bonds | -
8%₹10 Cr1,000,000
India Grid TRust
Debentures | -
8%₹10 Cr100
Summit Digitel Infrastructure Limited
Debentures | -
6%₹8 Cr80
Piramal Capital & Housing Finance Limited
Debentures | -
5%₹6 Cr75,000
07.59 RJ Sdl 2029
Sovereign Bonds | -
4%₹5 Cr500,000
7.26% Govt Stock 2033
Sovereign Bonds | -
4%₹5 Cr500,000
Muthoot Finance Limited
Debentures | -
4%₹5 Cr500
Aadhar Housing Finance Limited
Debentures | -
4%₹5 Cr500
HDFC Bank Limited
Debentures | -
4%₹5 Cr500
1 - 10 of 27
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Fund Managers

NameSinceTenure
Kinjal Desai25 May 185.27 Yr.
Sushil Budhia1 Feb 203.58 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 Strategic Debt Fund
Normal Dividend, Payout
₹11.4621
↑ 0.00
4.47 %6.6 %8.48 %-1.14 %
Nippon India Strategic Debt Fund
Normal Dividend, Reinvestment
₹11.4621
↑ 0.00
4.47 %6.6 %8.48 %-1.14 %
Nippon India Strategic Debt Fund
Quarterly Dividend, Payout
₹9.8798
↑ 0.00
4.47 %6.6 %8.48 %-1.65 %
Nippon India Strategic Debt Fund
Quarterly Dividend, Reinvestment
₹9.8798
↑ 0.00
4.47 %6.6 %8.48 %-1.65 %
Nippon India Strategic Debt Fund
Growth
₹13.3948
↑ 0.01
4.47 %6.6 %8.48 %-1.14 %
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.