Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout
Debt
Direct
Medium Duration
NAV: ₹ 10.3 as on 22-09-2023
Fund Performance
About the Fund
Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout 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
- Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout has ₹125 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 1.4.
Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout Overview
 | 1.38% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹125 Cr |
 | 26 June, 2014 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 121.59% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
77.9%
AA
22.1%
Sector Allocation
Government
44.6%
Corporate
40.5%
Cash Equivalent
14.9%
Top Holdings of Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout as on (31-Aug-23)
Debt Holdings23
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.17% Govt Stock 2030 | 11.93% | -33.3% | |
7.1% Govt Stock 2029 | 7.93% | 0% | |
India Grid TRust | 7.88% | 0% | |
Summit Digitel Infrastructure Limited | 6.16% | 0% | |
Piramal Capital & Housing Finance Limited | 4.76% | 0% |
See all
Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 125.7 Cr as of Aug'23
- AUM decreased by 0.7 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout Fund Manager
Sushil Budhia
Fund Manager of Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout, since 1 February 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout, since 25 May 2018
Top funds managed
Fund 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 2.8% since inception which is less than its category average return of 4.43%
AUM size ₹125 Cr
This fund has AUM of ₹125 Cr which is less than its category average of ₹ 1600 Cr
Expense Ratio 1.38%
This fund has an expense ratio of 1.38% which is more than its category average expense ratio of 1%
Frequently Asked Questions
The current NAV of Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout is ₹10.29 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout | Absolute Returns | CAGR Returns |
1 Month Returns | 0.66% | 0.66% |
6 Month Returns | 5% | 5% |
1 Year Returns | 7.85% | 7.85% |
3 Years Returns | 32.79% | 9.91% |
5 Years Returns | -3.25% | -0.66% |
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.
1.38% as on August 2023
₹125 Cr as on August 2023
7.17% Govt Stock 2030(11.93%), 7.1% Govt Stock 2029(7.93%), India Grid TRust(7.88%), Summit Digitel Infrastructure Limited(6.16%), Piramal Capital & Housing Finance Limited(4.76%) as on August 2023
Government(44.76%), Corporate(44.66%), Cash Equivalent(10.58%) as on August 2023
Yield to Maturity is 7.85 as on August 2023. 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 3.12 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 77.87 |
AA | 22.13 |
Sushil Budhia, Kinjal Desai are the fund managers of Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout
The Exit load of Nippon India Strategic Debt Fund- Direct Quarterly IDCW Plan Payout is 1%