Item: Nippon India Low Duration Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Low Duration Fund Direct Plan Monthly Reinvestment Inc Dist cum Cap Wdrl

1030.675 (0.021%)

NAV on February 03, 2023

Category Fixed income:
Low Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 6,280 cr

Turnover Ratio 192.84%

Expense Ratio 0.37%

Exit Load -

Returns

1M: 0.54%
1Y: 5.15%
3M: 1.79%
3Y: 5.72%
6M: 3.01%
5Y: 5.47%

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 over 4 years) Akshay Sharma (Since 2 months)

ISIN INF204K01ZY5

Fund Family Nippon India

Launch Date January 01, 2013

Benchmark CRISIL Low Duration Fund TR INR

Avg. Maturity 0.88 years

Yield To Maturity (%) 7.42%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Low Duration Direct Plan Growth	604.367	5.46%	11,821 cr	0.39%	Average
Nippon India Low Duration Fund Direct Plan Growth Plan	3303.464	5.17%	6,280 cr	0.37%	Average
HDFC Low Duration Direct Plan Growth Option	51.897	5.09%	14,862 cr	0.43%	Average
Axis Treasury Advantage Fund Direct Plan Growth Option	2698.772	5.05%	4,566 cr	0.29%	Below Average
ICICI Prudential Savings Fund Direct Plan Growth	456.640	5.02%	20,786 cr	0.40%	Above Average
Kotak Low Duration Fund- Direct Plan- Growth Option	3022.922	4.99%	7,798 cr	0.42%	Above Average
Mahindra Manulife Low Duration Fund Direct Growth	1458.084	4.95%	370 cr	0.37%	Low

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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	604.367	5.46%	11,821 cr	0.39%	Average
PGIM India Low Duration Fund Direct Plan Growth	26.678	5.34%	102 cr	0.35%	Above Average
Sundaram Low Duration Fund Direct Plan Growth Option	3092.064	5.28%	377 cr	0.33%	High
Nippon India Low Duration Fund Direct Plan Growth Plan	3303.464	5.17%	6,280 cr	0.37%	Average
HDFC Low Duration Direct Plan Growth Option	51.897	5.09%	14,862 cr	0.43%	Average
Axis Treasury Advantage Fund Direct Plan Growth Option	2698.772	5.05%	4,566 cr	0.29%	Below Average