Nippon India Strategic Debt Fund Direct Plan Bonus Option

Nippon India Strategic Debt Fund Direct Plan Bonus Option

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Debt
Direct
Medium Duration
NAV: ₹ 14.88 as on 23-02-2024
Fund Performance

About the Nippon India Strategic Debt Fund Direct Plan Bonus Option

Nippon India Strategic Debt Fund Direct Plan Bonus Option is a debt fund. This fund was started on 26 June, 2014. The fund is managed by Sushil Budhia, Kinjal Desai. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Strategic Debt Fund Direct Plan Bonus Option has ₹120 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.4.

Nippon India Strategic Debt Fund Direct Plan Bonus Option Overview

Expense ratio
Expense ratio
1.44%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹120 Cr
Inception Date
Inception Date
26 June, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
121.59%

Nippon India Strategic Debt Fund Direct Plan Bonus Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
52.8%
AA
47.2%
Sector Allocation

Jan'24

Dec'23

Nov'23

Corporate
55.4%
Government
34.6%
Cash Equivalent
10%

Top Holdings of Nippon India Strategic Debt Fund Direct Plan Bonus Option as on (31-Jan-24)

  • Debt & Cash

Debt Holdings25
Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
12.57%
0%
Summit Digitel Infrastructure Limited
Summit Digitel Infrastructure Limited
6.46%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
4.22%
0%
Mahanagar Telephone Nigam Limited
Mahanagar Telephone Nigam Limited
4.2%
0%
7.17% Govt Stock 2030
7.17% Govt Stock 2030
4.18%
0%

Nippon India Strategic Debt Fund Direct Plan Bonus Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 119.8 Cr
₹ 121 Cr
₹ 121 Cr
  • AUM of the fund stands at 119.8 Cr as of Jan'24
  • AUM decreased by 1.1 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Nippon India Strategic Debt Fund Direct Plan Bonus Option Fund Manager

Sushil Budhia
Sushil Budhia
Fund Manager of Nippon India Strategic Debt Fund Direct Plan Bonus Option, since 1 February 2020
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Strategic Debt Fund Direct Plan Bonus Option, since 25 May 2018

Nippon India Strategic Debt Fund Direct Plan Bonus Option Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.2% since inception which is less than its category average return of 4.45%
AUM size ₹120 Cr

AUM size ₹120 Cr

This fund has AUM of ₹120 Cr which is less than its category average of ₹ 1554 Cr
Expense Ratio 1.44%

Expense Ratio 1.44%

This fund has an expense ratio of 1.44% which is more than its category average expense ratio of 1.01%

Frequently Asked Questions

The current NAV of Nippon India Strategic Debt Fund Direct Plan Bonus Option is ₹14.88 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
Nippon India Strategic Debt Fund Direct Plan Bonus Option
Absolute Returns
CAGR Returns
1 Month Returns
0.82%
0.82%
6 Month Returns
3.48%
3.48%
1 Year Returns
8.43%
8.43%
3 Years Returns
32.53%
9.84%
5 Years Returns
-1.79%
-0.36%
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.
1.44% as on January 2024
₹120 Cr as on January 2024
7.18% Govt Stock 2037(12.57%), Summit Digitel Infrastructure Limited(6.46%), 7.32% Govt Stock 2030(4.22%), Mahanagar Telephone Nigam Limited(4.2%), 7.17% Govt Stock 2030(4.18%) as on January 2024
Corporate(51.72%), Government(38.94%), Cash Equivalent(9.34%) as on January 2024
Yield to Maturity is 8.36 as on January 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 3.42 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
52.77
AA
47.23
Sushil Budhia, Kinjal Desai are the fund managers of Nippon India Strategic Debt Fund Direct Plan Bonus Option
The Exit load of Nippon India Strategic Debt Fund Direct Plan Bonus Option is 1%