Nippon India Dynamic Bond Fund - Direct Plan - Growth Option
Debt
Direct
Dynamic Bond
NAV: ₹ 35.69 as on 24-04-2024
Fund Performance
15 people have invested ₹ 50.2K in Nippon India Dynamic Bond Fund - Direct Plan - Growth Option in the last three months
Mutual Fund Insights
Over the last 1 year, this fund has increased expense ratio by 14.3% moving from 0.28 to 0.32.
In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.39% return, outperforming this fund by 1.37% per annum.
In the last 1 year, DSP Strategic Bond Fund Direct Plan Growth has given 8.71% return, outperforming this fund by 1.59%.
This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.32% which is lower than the category average expense ratio of 0.98%.
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 10.68% return, outperforming this fund by 5.39% per annum.
About the Nippon India Dynamic Bond Fund - Direct Plan - Growth Option
Nippon India Dynamic Bond Fund - Direct Plan - Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vivek Sharma, Kinjal Desai, Pranay Sinha. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Dynamic Bond Fund - Direct Plan - Growth Option has ₹4586 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Nippon India Dynamic Bond Fund - Direct Plan - Growth Option Overview
 | 0.32% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹4586 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 54.26% |
Nippon India Dynamic Bond Fund - Direct Plan - Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
97.4%
Cash Equivalent
2.6%
Top Holdings of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option as on (31-Mar-24)
Debt Holdings94
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 07.83 MH Sdl 2030 | 6.52% | 0% | |
7.17% Govt Stock 2030 | 5.67% | 0% | |
07.04 Tn SDL 2030 | 4.94% | 0% | |
06.60 Tn SDL 2030 | 4.8% | 0% | |
07.78 MH Sgs 2030 | 4.23% | 0% |
See all
Nippon India Dynamic Bond Fund - Direct Plan - Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.6K Cr as of Mar'24
- AUM increased by 10 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Nippon India Dynamic Bond Fund - Direct Plan - Growth Option Fund Manager
Vivek Sharma
Fund Manager of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option, since 25 June 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option, since 25 May 2018
Top funds managed
Pranay Sinha
Fund Manager of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option, since 31 March 2021
Top funds managed
Nippon India Dynamic Bond Fund - Direct Plan - Growth Option Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.72% since inception which is more than its category average return of 5.82%
AUM size ₹4586 Cr
This fund has AUM of ₹4586 Cr which is more than its category average of ₹ 1432 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.93%
Frequently Asked Questions
The current NAV of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option is ₹35.69 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Nippon India Dynamic Bond Fund - Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.34% | 0.34% |
6 Month Returns | 4.53% | 4.53% |
1 Year Returns | 7.11% | 7.11% |
3 Years Returns | 16.73% | 5.29% |
5 Years Returns | 40.37% | 7.02% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.32% as on March 2024
₹4586 Cr as on March 2024
07.83 MH Sdl 2030(6.52%), 7.17% Govt Stock 2030(5.67%), 07.04 Tn SDL 2030(4.94%), 06.60 Tn SDL 2030(4.8%), 07.78 MH Sgs 2030(4.23%) as on March 2024
Yield to Maturity is 7.48 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 4.85 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Vivek Sharma, Kinjal Desai, Pranay Sinha are the fund managers of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option
The Exit load of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option is 0%