Nippon India Low Duration Fund Direct Plan Growth Plan
Debt
Direct
Low Duration
NAV: ₹ 3507.2 as on 06-12-2023
Fund Performance
341 people have invested ₹ 1.1Cr in Nippon India Low Duration Fund Direct Plan Growth Plan in the last three months
Mutual Fund Insights
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%.
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.
Over the last 1 month, this fund has experienced a 15.0% drop in AUM moving from 7.47K Cr to 6.35K Cr.
Over the last 6 months, this fund has increased expense ratio by 2.7% moving from 0.37 to 0.38.
In the last 1 year, HDFC Low Duration Direct Plan Growth Option has given 7.59% return, outperforming this fund by 0.29%.
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
- 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.
- The fund has an expense ratio 0.4.
Nippon India Low Duration Fund Direct Plan Growth Plan Overview
 | 0.38% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹6513 Cr |
 | 1 January, 2013 |
 | ₹500/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 228.26% |
Nippon India Low Duration Fund Direct Plan Growth Plan Distribution as on (31-Dec-69)
Credit rating breakup
AAA
89%
AA
11%
Sector Allocation
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 Holdings77
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 DTB 07032023 | 6.39% | -32.5% | |
National Bank For Agriculture And Rural Development | 4.62% | 0% | |
364 DTB 14032024 | 3.31% | -25.9% | |
Export-Import Bank Of India | 3.07% | 0% | |
Axis Bank Limited | 2.96% | 100% |
See all
Nippon India Low Duration Fund Direct Plan Growth Plan: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- 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
Peer Analysis
Nippon India Low Duration Fund Direct Plan Growth Plan Fund Manager
Anju Chhajer
Fund Manager of Nippon India Low Duration Fund Direct Plan Growth Plan, since 9 October 2009
Top funds managed
Vivek Sharma
Fund Manager of Nippon India Low Duration Fund Direct Plan Growth Plan, since 1 February 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Low Duration Fund Direct Plan Growth Plan, since 25 May 2018
Top funds managed
Nippon India Low Duration Fund Direct Plan Growth Plan Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
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
This fund has AUM of ₹6513 Cr which is more than its category average of ₹ 4051 Cr
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% |
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.
0.38% 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%