Debt
Direct
Low Duration
NAV as on 06-12-2024
₹ 3792.65
Inception Returns
7.7%
/yr
Nippon India Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vivek Sharma, Kinjal Desai. This fund is suitable to keep your money safe.
Nippon India Low Duration Fund Direct Growth has given a CAGR return of 7.67% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.09%, 6.66% and 6.61% respectively.
Nippon India Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Energy, Cash Equivalent, Government. Its top holdings are Punjab National Bank, National Bank For Agriculture And Rural Development, Punjab National Bank, Bharti Telecom Limited 8.65%, Indinfravit Trust
As it is a low duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Low Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.38% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹9004 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 260.87% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low to Moderate Risk |
as on (06-Dec-24)
as on (31-Dec-69)
Top 3 Sectors in October were Financial Services, Corporate & Energy
Nippon India Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 4.04% | 4.04% |
1 Year Returns | 8.09% | 8.09% |
3 Years Returns | 21.34% | 6.66% |
5 Years Returns | 37.73% | 6.61% |
AAA | 88.31 |
AA | 11.69 |