Nippon India Low Duration Fund Direct Plan Growth Plan

Nippon India Low Duration Fund Direct Plan Growth Plan

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Debt
Direct
Low Duration
NAV: ₹ 3507.2 as on 06-12-2023
Fund Performance
zero opening, trading, fund transfer fee
341 people have invested ₹ 1.1Cr in Nippon India Low Duration Fund Direct Plan Growth Plan in the last three months

Mutual Fund Insights

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This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.38% which is lower than the category average expense ratio of 0.65%.
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In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 6.87% return, outperforming this fund by 1.27% per annum.
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Over the last 1 month, this fund has experienced a 15.0% drop in AUM moving from 7.47K Cr to 6.35K Cr.
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Over the last 6 months, this fund has increased expense ratio by 2.7% moving from 0.37 to 0.38.
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In the last 1 year, HDFC Low Duration Direct Plan Growth Option has given 7.59% return, outperforming this fund by 0.29%.
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In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.97% return, outperforming this fund by 0.47% per annum.

About the Nippon India Low Duration Fund Direct Plan Growth Plan

Nippon India Low Duration Fund Direct Plan Growth Plan is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Anju Chhajer, Vivek Sharma, Kinjal Desai. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Low Duration Fund Direct Plan Growth Plan has ₹6513 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Nippon India Low Duration Fund Direct Plan Growth Plan Overview

Expense ratio
Expense ratio
0.38%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹6513 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
228.26%

Nippon India Low Duration Fund Direct Plan Growth Plan Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
89%
AA
11%
Sector Allocation

Oct'23

Sep'23

Aug'23

Corporate
54.4%
Government
34.7%
Cash Equivalent
10.9%

Top Holdings of Nippon India Low Duration Fund Direct Plan Growth Plan as on (30-Nov-23)

  • Debt & Cash

Debt Holdings77
Holdings
Weight%
1M Change
182 DTB 07032023
182 DTB 07032023
6.39%
-32.5%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
4.62%
0%
364 DTB 14032024
364 DTB 14032024
3.31%
-25.9%
Export-Import Bank Of India
Export-Import Bank Of India
3.07%
0%
Axis Bank Limited
Axis Bank Limited
2.96%
100%

Nippon India Low Duration Fund Direct Plan Growth Plan: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Oct'23
Sep'23
Aug'23
AUM
₹ 6.4K Cr
₹ 7.4K Cr
₹ 6.9K Cr
  • AUM of the fund stands at 6.4K Cr as of Oct'23
  • AUM decreased by 1K Cr between Oct'23 and Sep'23
Fund Portfolio Changes

Nippon India Low Duration Fund Direct Plan Growth Plan Fund Manager

Anju Chhajer
Anju Chhajer
Fund Manager of Nippon India Low Duration Fund Direct Plan Growth Plan, since 9 October 2009
Vivek Sharma
Vivek Sharma
Fund Manager of Nippon India Low Duration Fund Direct Plan Growth Plan, since 1 February 2020
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Low Duration Fund Direct Plan Growth Plan, since 25 May 2018

Nippon India Low Duration Fund Direct Plan Growth Plan Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.63% since inception which is more than its category average return of 4.96%
AUM size ₹6513 Cr

AUM size ₹6513 Cr

This fund has AUM of ₹6513 Cr which is more than its category average of ₹ 4051 Cr
Expense Ratio 0.38%

Expense Ratio 0.38%

This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of Nippon India Low Duration Fund Direct Plan Growth Plan is ₹3507.23 as on 06-Dec-2023.
Existing (Absolute + CAGR) as on 06-Dec-2023.
Nippon India Low Duration Fund Direct Plan Growth Plan
Absolute Returns
CAGR Returns
1 Month Returns
0.57%
0.57%
6 Month Returns
3.36%
3.36%
1 Year Returns
7.3%
7.3%
3 Years Returns
17.76%
5.6%
5 Years Returns
37.02%
6.5%
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0.38% as on November 2023
₹6513 Cr as on November 2023
182 DTB 07032023(6.39%), National Bank For Agriculture And Rural Development(4.62%), 364 DTB 14032024(3.31%), Export-Import Bank Of India(3.07%), Axis Bank Limited(2.96%) as on November 2023
Corporate(53.19%), Government(33.55%), Cash Equivalent(13.27%) as on November 2023
Yield to Maturity is 7.76 as on November 2023. 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 0.91 as on November 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
89.01
AA
10.99
Anju Chhajer, Vivek Sharma, Kinjal Desai are the fund managers of Nippon India Low Duration Fund Direct Plan Growth Plan
The Exit load of Nippon India Low Duration Fund Direct Plan Growth Plan is 0%