Nippon India Dynamic Bond Fund - Direct Plan - Growth Option

Nippon India Dynamic Bond Fund - Direct Plan - Growth Option

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Debt
Direct
Dynamic Bond
NAV: ₹ 35.73 as on 18-04-2024
Fund Performance
zero opening, trading, fund transfer fee
12 people have invested ₹ 46.1K in Nippon India Dynamic Bond Fund - Direct Plan - Growth Option in the last three months

Mutual Fund Insights

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In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.33% return, outperforming this fund by 1.39% per annum.
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In the last 1 year, DSP Strategic Bond Fund Direct Plan Growth has given 9.08% return, outperforming this fund by 1.66%.
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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%.
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Over the last 1 year, this fund has increased expense ratio by 14.3% moving from 0.28 to 0.32.
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In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 10.67% return, outperforming this fund by 5.35% 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 Kinjal Desai, Pranay Sinha, Vivek Sharma. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Dynamic Bond Fund - Direct Plan - Growth Option has ₹4559 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Nippon India Dynamic Bond Fund - Direct Plan - Growth Option Overview

Expense ratio
Expense ratio
0.32%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹4559 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
54.26%

Nippon India Dynamic Bond Fund - Direct Plan - Growth Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Mar'24

Feb'24

Jan'24

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 & Cash

Debt Holdings94
Holdings
Weight%
1M Change
07.83 MH Sdl 2030
07.83 MH Sdl 2030
6.14%
0%
7.17% Govt Stock 2030
7.17% Govt Stock 2030
5.73%
0%
07.04 Tn SDL 2030
07.04 Tn SDL 2030
4.99%
0%
06.60 Tn SDL 2030
06.60 Tn SDL 2030
4.85%
0%
07.78 MH Sgs 2030
07.78 MH Sgs 2030
4.28%
0%

Nippon India Dynamic Bond Fund - Direct Plan - Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 4.6K Cr
₹ 4.5K Cr
₹ 4.5K Cr
  • 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

Nippon India Dynamic Bond Fund - Direct Plan - Growth Option Fund Manager

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option, since 25 May 2018
Pranay Sinha
Pranay Sinha
Fund Manager of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option, since 31 March 2021
Vivek Sharma
Vivek Sharma
Fund Manager of Nippon India Dynamic Bond Fund - Direct Plan - Growth Option, since 25 June 2020

Nippon India Dynamic Bond Fund - Direct Plan - Growth Option Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.73% since inception which is more than its category average return of 5.81%
AUM size ₹4559 Cr

AUM size ₹4559 Cr

This fund has AUM of ₹4559 Cr which is more than its category average of ₹ 1431 Cr
Expense Ratio 0.32%

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 ₹35.73 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Nippon India Dynamic Bond Fund - Direct Plan - Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.13%
0.13%
6 Month Returns
4.23%
4.23%
1 Year Returns
7.41%
7.41%
3 Years Returns
16.8%
5.31%
5 Years Returns
39.85%
6.94%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.32% as on March 2024
₹4559 Cr as on March 2024
07.83 MH Sdl 2030(6.14%), 7.17% Govt Stock 2030(5.73%), 07.04 Tn SDL 2030(4.99%), 06.60 Tn SDL 2030(4.85%), 07.78 MH Sgs 2030(4.28%) 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
Kinjal Desai, Pranay Sinha, Vivek Sharma 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%