Item: Nippon India Low Duration Fund Direct Plan Growth Plan
Rating: 5
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Low Duration Fund Direct Plan Growth Plan

3330.605 (0.024%)

NAV on March 21, 2023

Category Fixed income:
Low Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 6,232 cr

Turnover Ratio 192.84%

Expense Ratio 0.37%

Exit Load -

Returns

1M: 0.54%
1Y: 5.28%
3M: 1.62%
3Y: 6.16%
6M: 3.22%
5Y: 6.51%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Anju Chhajer (Since over 13 years) Vivek Sharma (Since about 3 years) Kinjal Desai (Since almost 5 years) Akshay Sharma (Since 4 months)

ISIN INF204K01ZU3

Fund Family Nippon India

Launch Date January 01, 2013

Benchmark CRISIL Low Duration Fund TR INR

Avg. Maturity 0.93 years

Yield To Maturity (%) 7.75%

INVESTMENT OBJECTIVE

The fund endeavors to invest more than 80% in higher rated (AAA/A1+/equivalent) assets. A major part of the portfolio gets allocated in 0 - 9 months and 15 – 30% allocation is made in assets of 9 - 18 months maturity bucket, which aims to give the portfolio carry advantage and roll down benefit. The portfolio duration would be maintained between 180 - 365 days.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Low Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Low Duration Direct Plan Growth	609.452	5.71%	10,862 cr	0.39%	Average
ICICI Prudential Savings Fund Direct Plan Growth	460.978	5.70%	21,145 cr	0.40%	Above Average
Kotak Low Duration Fund- Direct Plan- Growth Option	3050.850	5.40%	7,566 cr	0.43%	Above Average
HDFC Low Duration Direct Plan Growth Option	52.357	5.37%	14,780 cr	0.43%	Average
Axis Treasury Advantage Fund Direct Plan Growth Option	2721.611	5.33%	4,600 cr	0.29%	Below Average
Nippon India Low Duration Fund Direct Plan Growth Plan	3330.605	5.28%	6,232 cr	0.37%	Average
SBI Magnum Low Duration Fund Direct Plan Growth	3055.633	5.21%	7,778 cr	0.40%	Below Average

Best Low Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Sundaram Low Duration - Direct Plan - Growth Option	30.265	12.59%	544 cr	0.33%	Above Average
Aditya Birla Sun Life Low Duration Direct Plan Growth	609.452	5.71%	10,862 cr	0.39%	Average
ICICI Prudential Savings Fund Direct Plan Growth	460.978	5.70%	21,145 cr	0.4%	Above Average
Sundaram Low Duration Fund Direct Plan Growth Option	3118.384	5.57%	433 cr	0.33%	High
PGIM India Low Duration Fund Direct Plan Growth	26.894	5.49%	98 cr	0.35%	Above Average
Kotak Low Duration Fund- Direct Plan- Growth Option	3050.850	5.40%	7,566 cr	0.43%	Above Average
HDFC Low Duration Direct Plan Growth Option	52.357	5.37%	14,780 cr	0.43%	Average