Nippon India Short Term Fund - Direct Plan - Growth Plan
Debt
Direct
Short Duration
NAV: ₹ 51.53 as on 24-04-2024
Fund Performance
3247 people have invested ₹ 2.3Cr in Nippon India Short Term Fund - Direct Plan - Growth Plan in the last three months
Mutual Fund Insights
In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 8.02% return, outperforming this fund by 0.55%.
Over the last 1 month, this fund has experienced a 9.0% drop in AUM moving from 5.98K Cr to 5.44K Cr.
In the last 5 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.91% return, outperforming this fund by 0.54% per annum.
In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.64% return, outperforming this fund by 1.64% per annum.
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.37% which is lower than the category average expense ratio of 0.7%.
Over the last 1 year, this fund has increased expense ratio by 8.8% moving from 0.34 to 0.37.
About the Nippon India Short Term Fund - Direct Plan - Growth Plan
Nippon India Short Term Fund - Direct Plan - Growth Plan is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sushil Budhia, Vivek Sharma, Kinjal Desai. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Short Term Fund - Direct Plan - Growth Plan has ₹5445 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 Short Term Fund - Direct Plan - Growth Plan Overview
 | 0.37% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹5445 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 163.55% |
Nippon India Short Term Fund - Direct Plan - Growth Plan Distribution as on (31-Dec-69)
Credit rating breakup
AAA
89%
AA
11%
Sector Allocation
Corporate
52.7%
Government
39.5%
Cash Equivalent
7.1%
Securitize
0.7%
Top Holdings of Nippon India Short Term Fund - Direct Plan - Growth Plan as on (31-Mar-24)
Debt Holdings70
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.17% Govt Stock 2030 | 13.22% | 6.9% | |
7.1% Govt Stock 2029 | 10.53% | 53.3% | |
National Bank For Agriculture And Rural Development | 3.68% | 0% | |
LIC Housing Finance Ltd. 7.84% | 3.67% | 0% | |
India Grid TRust | 2.92% | 0% |
See all
Nippon India Short Term 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 5.5K Cr as of Mar'24
- AUM decreased by 462.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Nippon India Short Term Fund - Direct Plan - Growth Plan Fund Manager
Sushil Budhia
Fund Manager of Nippon India Short Term Fund - Direct Plan - Growth Plan, since 31 March 2021
Top funds managed
Vivek Sharma
Fund Manager of Nippon India Short Term Fund - Direct Plan - Growth Plan, since 1 February 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Short Term Fund - Direct Plan - Growth Plan, since 25 May 2018
Top funds managed
Nippon India Short Term Fund - Direct Plan - Growth Plan 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 8.08% since inception which is more than its category average return of 5.62%
AUM size ₹5445 Cr
This fund has AUM of ₹5445 Cr which is more than its category average of ₹ 3586 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.68%
Frequently Asked Questions
The current NAV of Nippon India Short Term Fund - Direct Plan - Growth Plan is ₹51.53 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Nippon India Short Term Fund - Direct Plan - Growth Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.55% | 0.55% |
6 Month Returns | 4.16% | 4.16% |
1 Year Returns | 7.47% | 7.47% |
3 Years Returns | 19.1% | 6% |
5 Years Returns | 42.7% | 7.37% |
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.
0.37% as on March 2024
₹5445 Cr as on March 2024
7.17% Govt Stock 2030(13.22%), 7.1% Govt Stock 2029(10.53%), National Bank For Agriculture And Rural Development(3.68%), LIC Housing Finance Ltd. 7.84%(3.67%), India Grid TRust(2.92%) as on March 2024
Corporate(52.71%), Government(39.47%), Cash Equivalent(7.15%) as on March 2024
Yield to Maturity is 7.75 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 2.68 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 89.03 |
AA | 10.97 |
Sushil Budhia, Vivek Sharma, Kinjal Desai are the fund managers of Nippon India Short Term Fund - Direct Plan - Growth Plan
The Exit load of Nippon India Short Term Fund - Direct Plan - Growth Plan is 0%