Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl

Debt
Direct
Short Duration
Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl

About the Fund

Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl 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

  1. Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl has ₹5505 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.

Returns

Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl has given a CAGR return of 3.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.45%, 1.64% and 4.19% respectively.

Holdings

Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl 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, 7.1% Govt Stock 2029, Small Industries Development Bank Of India, India Grid TRust, 7.37% Govt Stock 2028

Taxation

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.

Investment objective of Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl

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 and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.37%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹5505 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
163.55%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
85.3%

AA
14.7%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
55.6%
Government
38.2%
Cash Equivalent
5.5%
Securitize
0.7%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.17% Govt Stock 2030
7.17% Govt Stock 2030
12.77%
30.8%
7.1% Govt Stock 2029
7.1% Govt Stock 2029
10.63%
1.7%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.01%
0%
India Grid TRust
India Grid TRust
2.89%
0%
7.37% Govt Stock 2028
7.37% Govt Stock 2028
2.75%
0%

Sushil Budhia
Sushil Budhia
Fund Manager of Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl, since 31 March 2021
Vivek Sharma
Vivek Sharma
Fund Manager of Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl, since 1 February 2020
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl, since 25 May 2018

Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 3.32% since inception which is less than its category average return of 5.64%
AUM size ₹5505 Cr

AUM size ₹5505 Cr

This fund has AUM of ₹5505 Cr which is more than its category average of ₹ 3615 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.67%

Frequently Asked Questions

The current NAV of Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl is ₹11.73 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.12%
-0.12%
6 Month Returns
-0%
-0%
1 Year Returns
0.45%
0.45%
3 Years Returns
5%
1.64%
5 Years Returns
22.77%
4.19%
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 May 2024
₹5505 Cr as on May 2024
7.17% Govt Stock 2030(12.77%), 7.1% Govt Stock 2029(10.63%), Small Industries Development Bank Of India(3.01%), India Grid TRust(2.89%), 7.37% Govt Stock 2028(2.75%) as on May 2024
Corporate(55.56%), Government(38.24%), Cash Equivalent(5.51%) as on May 2024
Yield to Maturity is 7.73 as on May 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 2.78 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
85.34
AA
14.66
Sushil Budhia, Vivek Sharma, Kinjal Desai are the fund managers of Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl
The Exit load of Nippon India Short Term Fund Direct Plan Monthly Payout Inc Dist cum Cap Wdrl is 0%