Nippon India Strategic Debt Fund Direct Growth

Nippon India Strategic Debt Fund Direct Growth

Debt

Direct

Medium Duration

NAV as on 05-11-2024

₹ 15.8

Inception Returns

4.5%

/yr

About Nippon India Strategic Debt Fund Direct Growth

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

Key Parameters

  1. Nippon India Strategic Debt Fund Direct Growth has ₹117 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Nippon India Strategic Debt Fund Direct Growth has given a CAGR return of 4.51% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.09%, 6.12% and 1.32% respectively.

Holdings

Nippon India Strategic Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 07.18 Goi 24072037, 7.10%Goi 08/04/2034, 07.18 MH Sdl 2030, Summit Digitel Infrastructure Limited, Shriram Housing Finance Limited 9.25%

Taxation

As it is a medium 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 Strategic Debt Fund Direct Growth

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Strategic Debt Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
68 people have invested ₹ 10.3L in Nippon India Strategic Debt Fund Direct Growth in the last three months

Nippon India Strategic Debt Fund Direct Growth Overview

Expense ratio0.5%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹117 Cr
Inception Date26 June, 2014
Min Lumpsum/SIP₹5000/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
190.64%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (05-Nov-24)

Period
Nippon India Strategic Debt Fund Direct Growth
Medium Duration Index
1M
0.6%
0.5%
3M
2.1%
1.7%
6M
4.8%
4.2%
1Y
9.1%
8.2%
3Y
6.1%
6.1%
5Y
1.3%
5.9%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.6%

AA
54%

AAA
46%

Sector Allocation

Sep'24

Aug'24

Jul'24

Corporate
62.9%
Government
29.5%
Cash Equivalent
7.6%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 116.8 Cr
₹ 117.3 Cr
₹ 117.4 Cr
  • AUM of the fund stands at 116.8 Cr as of Sep'24
  • AUM decreased by 0.5 Cr between Sep'24 and Aug'24
Cash allocation has gone down from 7.9% to 7.6%
Cash allocation has gone down from 7.9% to 7.6%
Debt allocation has gone up from 91.8% to 92.1%
Debt allocation has gone up from 91.8% to 92.1%

Top 2 Sectors in September were Corporate, Government

Sep'24
Corporate
63%
Government
30%
Aug'24
Corporate
59%
Government
33%
  • Debt & Cash

Holdings
Weight%
1M Change
07.18 Goi 24072037
07.18 Goi 24072037
17.55%
0%
7.10%Goi 08/04/2034
7.10%Goi 08/04/2034
8.72%
0%
07.18 MH Sdl 2030
07.18 MH Sdl 2030
8.59%
0%
Summit Digitel Infrastructure Limited
Summit Digitel Infrastructure Limited
6.71%
0%
Shriram Housing Finance Limited 9.25%
Shriram Housing Finance Limited 9.25%
4.3%
0%
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Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Strategic Debt Fund Direct Growth, since 25 May 2018
Sushil Budhia
Sushil Budhia
Fund Manager of Nippon India Strategic Debt Fund Direct Growth, since 1 February 2020
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.07L Cr
as on 30-Sep-2024
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in

Mutual Fund Insights

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In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 14.47% return, outperforming this fund by 8.35% per annum.
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In the last 1 year, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 11.63% return, outperforming this fund by 2.54%.
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This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.5% which is lower than the category average expense ratio of 0.86%.

Nippon India Strategic Debt Fund Direct Growth 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 4.51% since inception which is less than its category average return of 4.66%
AUM size ₹117 Cr

AUM size ₹117 Cr

This fund has AUM of ₹117 Cr which is less than its category average of ₹ 1503 Cr
Expense Ratio 0.5%

Expense Ratio 0.5%

This fund has an expense ratio of 0.5% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions for Nippon India Strategic Debt Fund Direct Growth

The current NAV of Nippon India Strategic Debt Fund Direct Growth is ₹15.8 as on 05-Nov-2024.
Existing (Absolute + CAGR) as on 05-Nov-2024.
Nippon India Strategic Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.65%
0.65%
6 Month Returns
4.84%
4.84%
1 Year Returns
9.09%
9.09%
3 Years Returns
19.5%
6.12%
5 Years Returns
6.78%
1.32%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.5% as on October 2024
₹117 Cr as on October 2024
07.18 Goi 24072037(17.55%), 7.10%Goi 08/04/2034(8.72%), 07.18 MH Sdl 2030(8.59%), Summit Digitel Infrastructure Limited(6.71%), Shriram Housing Finance Limited 9.25%(4.3%) as on October 2024
Corporate(58.43%), Government(37.96%), Cash Equivalent(3.61%) as on October 2024
Yield to Maturity is 8.05 as on October 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 3.55 as on October 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
53.97
AAA
46.03
Kinjal Desai, Sushil Budhia are the fund managers of Nippon India Strategic Debt Fund Direct Growth
The Exit load of Nippon India Strategic Debt Fund Direct Growth is 1%