Nippon India Low Duration Fund - Growth - Regular Plan

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  • (-0.01%)Nav, as on 13-12-2019

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Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Nippon India Low Duration Fund- Growth Plan - Growth Option 5.81 7.68 7.13 6.96 7.58 8.08
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
NIFTY Low Duration Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Nippon India Low Duration Fund- Growth Plan - Growth Option Mar 20, 2007 Unrated 7.13 6.96 7.58 0.65 3,402.63
ICICI Prudential Savings Fund - Growth Sep 27, 2002 8.78 7.61 8.17 0.50 21,987.41
HDFC Low Duration Fund- Retail Growth Nov 18, 1999 8.05 6.88 7.41 1.03 15,368.95
Aditya Birla Sun Life Low Duration Fund - Growth Plan May 14, 1998 8.46 7.23 7.66 1.23 10,347.01
SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH Jul 26, 2007 8.50 7.46 7.88 1.06 8,510
Kotak Low Duration Fund- Regular Plan-Growth Option Mar 06, 2008 8.49 7.56 8.16 1.08 5,636.55

Fund Holdings as on 30-November-2019

  • EMBASSY OFFICE PARK REIT **

  • 8.33% Panchshil Corporate Park Private Limited **

  • 8.99% India Grid Trust InvIT Fund **

  • Triparty Repo

  • Piramal Enterprises Limited **

  • Shriram City Union Finance Limited **

  • 8.97% U.P. Power Corporation Limited **

  • Indian Receivable Trust 18 **

  • 8.39% National Bank For Agriculture and Rural Development

  • 8.57% REC Limited **

  • 8.36% Power Finance Corporation Limited **

  • MFL Securitisation Trust **

  • 1.51% Housing Development Finance Corporation Limited **

  • 7.78% Housing Development Finance Corporation Limited **

  • AU Small Finance Bank Limited **

  • TATA Realty & Infrastructure Limited **

  • Reliance Industries Limited **

  • Net Current Assets

  • 7.07% Reliance Industries Limited **

  • Piramal Enterprises Limited **

  • Reliable Devices Trust **

  • 7.89% Small Industries Dev Bank of India **

  • 9.02% LIC Housing Finance Limited **

  • 8.7% Housing Development Finance Corporation Limited **

  • 8.15% National Bank For Agriculture and Rural Development **

  • 7.35% Power Finance Corporation Limited

  • 7.9% Nabha Power Limited **

  • 9.6% Muthoot Finance Limited **

  • Axis Bank Limited

  • 7.8% Aditya Birla Housing Finance Limited **

  • KKR India Financial Services Private Limited **

  • 8.47% LIC Housing Finance Limited **

  • Dewan Housing Finance Corporation Limited **#

  • 8.36% Power Finance Corporation Limited **

  • 8.7% Power Finance Corporation Limited **

  • 8.75% Durg Shivnath Expressways Private Limited **

  • ICICI Bank Limited **

  • LIC Housing Finance Limited **

  • Small Industries Dev Bank of India **

  • IndusInd Bank Limited **

  • 8.8% REC Limited **

  • National Bank For Agriculture and Rural Development **

  • ICICI Bank Limited

  • Axis Bank Limited **

  • 7% Government of India

  • 9% Muthoot Finance Limited **

  • 8.5% National Bank For Agriculture and Rural Development **

  • Cash Margin - CCIL

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  • Miscellaneous

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About Nippon India Low Duration Fund

Reliance Money Manager Fund is an open-ended ultra-short term debt fund from Reliance Mutual Fund. Focusing on very short term instruments, ultra-short term debt funds typically hold a portfolio of relatively higher maturity as compared to liquid fund, with relatively low risk and high liquidity compared to debt funds. 

Reliance Money Manager Fund emphasizes on capital preservation and appreciation to offer better post tax yield vis-à-vis their liquid peers.  It however carries slight mark to market risk, which could be relatively higher than its pure liquid peers.

Reliance Money Manager Fund endeavours to invest a minimum of 50% of its assets in government securities, corporate debt, other debt and money market instruments with residual maturity of at least 12 months. This allocation can go up to 100%. On the other hand, allocation to instruments with residual maturity of more than 12 months can go upto 50% at maximum. 

Under normal circumstances, Reliance Money Manager Fund holds instruments with high credit quality. Reliance Money Manager Fund invests in money market instruments such as Certificate of Deposits (CDs) and Commercial papers (CPs) and in corporate debt as well. 

While selecting securities for the portfolio, the fund manager takes into account important factors such as Interest rate movement in the economy, creditworthiness of the issuer, maturity profile and liquidity among others.

Scheme Analysis

Nippon India Low Duration Fund is a Debt - Low Duration Fund fund and belongs to Nippon India Mutual Fund. It was launched on 20-Mar-2007 and currently has an AUM of ₹3,402.63 crore. Nippon India Low Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Low Duration Debt Index as secondary index.

The NAV of Nippon India Low Duration Fund ended down ₹-0.21(-0.01%)yesterday to ₹2690.61.

Among its top 3 holdings the fund has exposure to EMBASSY OFFICE PARK REIT **, 8.33% Panchshil Corporate Park Private Limited ** and 8.99% India Grid Trust InvIT Fund **

The Nippon India Low Duration Fund is managed by Amit Tripathi and Anju Chhajer.

Fund House Contact

Reliance Centre, 7th Floor, South Wing, Off Western Express Highway, Santacruz (East) Mumbai - 400 055

022-43031000
022-43037662

Fund Manager

  • CARE A(SO)

  • CARE A1+

  • CARE AA+

  • CARE AAA

  • CARE D

  • Cash

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AAA

  • CRISIL AAA(SO)

  • FITCH AA(CE)

  • FITCH AAA(SO)

  • ICRA A1+

  • ICRA AA

  • ICRA AAA

  • ICRA AAA(CE)

  • ICRA AAA(SO)

  • SOVEREIGN

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