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

3266.602 (0.029%)

NAV on December 02, 2022

Category Fixed income:
Low Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 6,060 cr

Turnover Ratio 192.84%

Expense Ratio 0.37%

Exit Load -

Returns

1M: 0.69%
1Y: 4.61%
3M: 1.38%
3Y: 5.87%
6M: 2.91%
5Y: 6.49%

Min Investment 500

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ADDITIONAL INFO

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

ISIN INF204K01ZU3

Fund Family Nippon India

Launch Date January 01, 2013

Benchmark CRISIL Low Duration Fund TR INR

Avg. Maturity 0.91 years

Yield To Maturity (%) 7.61%

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	597.460	4.90%	11,992 cr	0.39%	Average
Nippon India Low Duration Fund Direct Plan Growth Plan	3266.602	4.61%	6,060 cr	0.37%	Average
Axis Treasury Advantage Fund Direct Plan Growth Option	2668.561	4.48%	4,645 cr	0.29%	Below Average
HDFC Low Duration Direct Plan Growth Option	51.352	4.47%	14,753 cr	0.43%	Average
Kotak Low Duration Fund- Direct Plan- Growth Option	2991.088	4.43%	7,494 cr	0.42%	Above Average
SBI Magnum Low Duration Fund Direct Plan Growth	2996.326	4.32%	7,568 cr	0.40%	Low
Mahindra Manulife Low Duration Fund Direct Growth	1441.388	4.31%	388 cr	0.36%	Low

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	597.460	4.90%	11,992 cr	0.39%	Average
PGIM India Low Duration Fund Direct Plan Growth	26.375	4.74%	110 cr	0.28%	Above Average
Nippon India Low Duration Fund Direct Plan Growth Plan	3266.602	4.61%	6,060 cr	0.37%	Average
Sundaram Low Duration Fund Direct Plan Growth Option	3054.200	4.58%	110 cr	0.33%	High
Axis Treasury Advantage Fund Direct Plan Growth Option	2668.561	4.48%	4,645 cr	0.29%	Below Average
HDFC Low Duration Direct Plan Growth Option	51.352	4.47%	14,753 cr	0.43%	Average