Fund Performance
Lumpsum
SIP
8.68
as on 28 Nov 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,839 today.
NAV Performance
Fund Information
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₹ 13.569
as on 28 Nov 2023 -
Regular - Growth
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-
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₹ 5,000
-
₹ 136 Cr.
as on 31 May 2023 -
1.94%
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26 Jun 2014
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CRISIL 10 Year Gilt Index
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Nippon India Mutual Fund
Show All Funds
Highlights of this fund
Nippon India Strategic Debt Fund is an Open-ended Debt Fund. The fund belongs to Medium 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 26 Jun 2014. 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 ₹ 13.569 as on 28 Nov 2023.
This fund has 9 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.94%. 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 ₹ 5,000.
Fund 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.
List of Fund Managers of Nippon India Strategic Debt Fund
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About Kinjal Desai
Kinjal Desai is Fund Manager – Overseas at Reliance Mutual Fund. Kinjal has obtained her Masters in Economics from Warwick University, UK. She has a total experience of 6 years as Research Analyst – Equities at Reliance Mutual Fund where she started her career as an Associate.
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About Sushil Budhia
Mr. Budhia has done CA Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
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About Akshay Sharma
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate 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 | 0.08% | 0.86% | 1.67% | 2.99% | 6.92% | 7.33% | 8.68% | 7.65% | 8.82% | 6.67% | 6.24% | 6.84% | 6.50% | 7.60% |
| Category Average | -0.01% | 0.62% | 1.19% | 2.19% | 5.92% | 4.50% | 5.02% | 5.18% | 7.17% | 6.05% | 5.50% | 5.10% | 5.13% | 6.41% |
| Nippon India Strategic Debt Fund | 0.07%₹ 10,006 | 0.78%₹ 10,077 | 1.10%₹ 10,109 | 2.17%₹ 10,216 | 6.61%₹ 10,660 | 6.39%₹ 12,412 | 4.25%₹ 10,870 | 5.55%₹ 25,403 | 8.68%₹ 12,839 | 6.84%₹ 39,930 | -1.06%₹ 9,482 | 3.53%₹ 65,622 | - | - |
| SBI Magnum Medium Duration Fund | 0.06%₹ 10,005 | 0.65%₹ 10,065 | 1.31%₹ 10,130 | 2.66%₹ 10,265 | 6.89%₹ 10,689 | 6.67%₹ 12,429 | 4.98%₹ 11,023 | 6.18%₹ 25,564 | 4.74%₹ 11,490 | 5.50%₹ 39,141 | 7.60%₹ 14,427 | 6.32%₹ 70,392 | 8.82%₹ 23,291 | 7.60%₹ 1,77,567 |
| HDFC Medium Term Debt Fund | 0.02%₹ 10,001 | 0.67%₹ 10,066 | 1.18%₹ 10,117 | 2.41%₹ 10,240 | 6.37%₹ 10,637 | 6.17%₹ 12,398 | 4.48%₹ 10,919 | 5.66%₹ 25,430 | 4.77%₹ 11,501 | 5.17%₹ 38,946 | 6.77%₹ 13,877 | 5.85%₹ 69,566 | 7.46%₹ 20,543 | 6.70%₹ 1,69,392 |
| ICICI Prudential Medium Term Bond Fund | 0.01%₹ 10,000 | 0.76%₹ 10,075 | 1.38%₹ 10,138 | 2.73%₹ 10,273 | 6.65%₹ 10,664 | 6.56%₹ 12,423 | 5.22%₹ 11,075 | 6.24%₹ 25,579 | 5.39%₹ 11,708 | 5.78%₹ 39,307 | 7.23%₹ 14,182 | 6.50%₹ 70,703 | 7.86%₹ 21,310 | 7.09%₹ 1,72,889 |
| IDFC Bond Fund - Medium Term Plan | -0.03%₹ 9,997 | 0.81%₹ 10,080 | 1.05%₹ 10,105 | 1.63%₹ 10,162 | 5.45%₹ 10,545 | 5.20%₹ 12,336 | 3.21%₹ 10,653 | 4.61%₹ 25,163 | 3.10%₹ 10,961 | 3.91%₹ 38,215 | 5.95%₹ 13,355 | 4.60%₹ 67,415 | 6.87%₹ 19,444 | 5.96%₹ 1,62,944 |
| Kotak Medium Term Fund | -0.06%₹ 9,994 | 0.86%₹ 10,085 | 1.45%₹ 10,145 | 2.50%₹ 10,249 | 5.53%₹ 10,552 | 5.92%₹ 12,382 | 4.19%₹ 10,858 | 5.16%₹ 25,304 | 4.47%₹ 11,402 | 4.84%₹ 38,756 | 5.90%₹ 13,323 | 5.37%₹ 68,729 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of Nippon India Strategic Debt Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 48.21% | ₹ 65.46 Cr. |
| GOI | 41.60% | ₹ 56.46 Cr. |
| PTC | 3.43% | ₹ 4.65 Cr. |
| Others | 6.76% | - |
Top Debt Holdings of Nippon India Strategic Debt Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 41.60% | ₹ 56.46 Cr. |
| Bond - Rural Electrification Corporation Limited | 7.30% | ₹ 9.92 Cr. |
| Bond - India Grid Trust | 7.28% | ₹ 9.88 Cr. |
| Bond - Virescent Renewable Energy Trust | 5.90% | ₹ 8.01 Cr. |
| Bond - Summit Digitel Infrastructure Pvt Ltd. | 5.70% | ₹ 7.73 Cr. |
| Others | 32.22% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 5.64% |
| Net Receivables | 1.08% |
| Margin | 0.04% |