Fund Performance
Lumpsum
SIP
5.56
as on 24 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,763 today.
NAV Performance
Fund Information
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₹ 3,183.706
as on 24 Mar 2023 -
Regular - Growth
-
9 / 23
-
₹ 500
-
₹ 9,433 Cr.
as on 31 Dec 2021 -
1.02%
-
02 Jan 2013
-
CRISIL 10 Year Gilt Index
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Nippon India Mutual Fund
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Highlights of this fund
Nippon India Low Duration Fund is an Open-ended Debt Fund. The fund belongs to Low Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Debt funds offered by Nippon India Mutual Fund.
Latest NAV of the fund is ₹ 3,183.706 as on 24 Mar 2023.
This fund has 10 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.02%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
To generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
List of Fund Managers of Nippon India Low Duration Fund
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About Anju Chhajer
Anju Chhajer is a Debt Fund Manager at Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited). She is a Chartered Accountant and had graduated in Commerce from Shib Nath Shastri College, Kolkata. She has over 16 years of experience in financial services. She joined Reliance Nippon Life Asset Management Company as a Fund Manager in 2007. Her earlier stint was from 1997 to 2007 with National Insurance Co. Ltd (Investment Department) where she used to manage the debt investment portfolio of the company.
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About Vivek Sharma
Vivek Sharma, Fund Manager Fixed has total 9 years experience with Reliance Mutual Fund Assisting in actively managing the duration and asset-allocation of various debt portfolios such as Income Fund, Gilt Fund, Dynamic Bond Fund, Ultra Short Term Fund, FMPs, Credit Fund, Liquid Fund & Liquid Plus Funds. Vivek Sharma joined RNAM in 2006 as Management Trainee & has been working with Fixed Income Team since 2007.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.20% | 0.65% | 1.64% | 10.19% | 11.79% | 14.47% | 7.31% | 6.54% | 7.62% | 6.40% | 6.32% | 6.53% | 5.85% | 6.88% |
| Category Average | 0.15% | 0.51% | 1.44% | 3.22% | 4.57% | 4.56% | 4.42% | 4.98% | 6.54% | 5.63% | 4.68% | 4.60% | 5.04% | 5.98% |
| Nippon India Low Duration Fund | 0.16%₹ 10,015 | 0.54%₹ 10,054 | 1.50%₹ 10,149 | 2.99%₹ 10,299 | 4.62%₹ 10,461 | 5.48%₹ 12,350 | 4.45%₹ 10,910 | 4.64%₹ 25,166 | 5.56%₹ 11,763 | 4.68%₹ 38,651 | 5.92%₹ 13,336 | 5.31%₹ 68,615 | 7.11%₹ 19,898 | 6.33%₹ 1,66,048 |
| ICICI Prudential Savings Fund | 0.11%₹ 10,010 | 0.51%₹ 10,051 | 1.60%₹ 10,160 | 3.20%₹ 10,319 | 5.48%₹ 10,548 | 6.40%₹ 12,409 | 4.72%₹ 10,966 | 5.11%₹ 25,283 | 6.19%₹ 11,975 | 5.05%₹ 38,869 | 6.54%₹ 13,729 | 5.85%₹ 69,555 | 7.62%₹ 20,853 | 6.88%₹ 1,70,914 |
| HDFC Low Duration Fund | 0.16%₹ 10,015 | 0.51%₹ 10,050 | 1.51%₹ 10,151 | 2.97%₹ 10,297 | 4.74%₹ 10,474 | 5.66%₹ 12,361 | 4.36%₹ 10,891 | 4.65%₹ 25,168 | 5.74%₹ 11,822 | 4.68%₹ 38,652 | 6.06%₹ 13,427 | 5.45%₹ 68,853 | 6.92%₹ 19,531 | 6.32%₹ 1,66,040 |
| Axis Treasury Advantage Fund | 0.19%₹ 10,019 | 0.56%₹ 10,055 | 1.63%₹ 10,162 | 3.12%₹ 10,312 | 4.95%₹ 10,495 | 5.86%₹ 12,374 | 4.50%₹ 10,919 | 4.88%₹ 25,225 | 5.70%₹ 11,809 | 4.75%₹ 38,694 | 6.26%₹ 13,552 | 5.51%₹ 68,966 | 7.23%₹ 20,106 | 6.51%₹ 1,67,685 |
| Aditya Birla Sun Life Low Duration Fund | 0.15%₹ 10,015 | 0.49%₹ 10,049 | 1.49%₹ 10,148 | 2.94%₹ 10,293 | 4.78%₹ 10,477 | 5.51%₹ 12,352 | 4.33%₹ 10,885 | 4.64%₹ 25,164 | 5.76%₹ 11,828 | 4.59%₹ 38,601 | 6.12%₹ 13,465 | 5.38%₹ 68,737 | 7.10%₹ 19,862 | 6.39%₹ 1,66,565 |
| IDFC Low Duration Fund | 0.19%₹ 10,019 | 0.64%₹ 10,063 | 1.64%₹ 10,164 | 3.23%₹ 10,323 | 4.74%₹ 10,473 | 5.79%₹ 12,370 | 4.22%₹ 10,862 | 4.67%₹ 25,173 | 5.28%₹ 11,667 | 4.49%₹ 38,541 | 5.96%₹ 13,361 | 5.22%₹ 68,452 | 7.26%₹ 20,170 | 6.40%₹ 1,66,731 |
Portfolio Holdings
Top Debt Instrument Type holdings of Nippon India Low Duration Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 46.41% | ₹ 4,596.99 Cr. |
| GOI | 21.71% | ₹ 2,152.20 Cr. |
| CD | 12.60% | ₹ 1,247.63 Cr. |
| CP | 4.97% | ₹ 492.55 Cr. |
| T-Bills | 3.50% | ₹ 346.63 Cr. |
| Others | 10.81% | - |
Top Debt Holdings of Nippon India Low Duration Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 21.71% | ₹ 2,152.20 Cr. |
| Bond - Axis Bank Ltd. | 6.84% | ₹ 677.85 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 6.50% | ₹ 644.49 Cr. |
| Bond - IndInfravit Trust | 4.95% | ₹ 490.75 Cr. |
| Bond - HDFC Bank Ltd. | 4.27% | ₹ 422.80 Cr. |
| Others | 55.73% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 8.97% |
| Net Receivables | 1.22% |
| Interest Rate Swaps | 0.00% |
| Margin | 0.00% |