Item: Nippon India Low Duration Fund Direct Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl
Rating: 3
Author: Morningstar

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

1019.742 (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: 5.11%
3M: 1.78%
3Y: 5.71%
6M: 2.98%
5Y: 5.04%

Min Investment 500

Buy Now Start SIP

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 INF204K01A09

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

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	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

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	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