Debt
Direct
Short Duration
NAV as on 04-12-2024
₹ 54.44
Inception Returns
8.1%
/yr
Nippon India Short Term Fund Direct Growth 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.
Nippon India Short Term Fund Direct Growth has given a CAGR return of 8.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.03%, 6.64% and 7.07% respectively.
Nippon India Short Term Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Utilities, Energy, Cash Equivalent, Consumer Cyclical, Securitize. Its top holdings are 7.17% Govt Stock 2030, 7.32% Govt Stock 2030, 7.1% Govt Stock 2029, Renew Solar Energy (Jharkhand Five) Private Limited, Small Industries Development Bank Of India
As it is a short 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 primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Short Term Fund Direct Growth has no lock in period.
Expense ratio | 0.38% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹7665 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 161% |
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 | Moderate Risk |
as on (04-Dec-24)
as on (31-Dec-69)
Top 3 Sectors in October were Financial Services, Corporate & Government
Nippon India Short Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.82% | 0.82% |
6 Month Returns | 4.79% | 4.79% |
1 Year Returns | 9.03% | 9.03% |
3 Years Returns | 21.27% | 6.64% |
5 Years Returns | 40.7% | 7.07% |
AAA | 84.96 |
AA | 15.04 |