Nippon India Low Duration Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 3619.2579 1.6893(0.047 %) NAV as on 02 May 2024
Scheme 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.
Performance (As on 02 May 2024)
| 1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|---|---|
| Scheme | 0.13 % | 1.94 % | 3.83 % | 7.47 % | 6.01 % | 6.40 % | 7.64 % | >
Portfolio
Low duration debt funds invest in debt instruments such as commercial paper, certificate of deposits, treasury bills and other money market instruments. They maintain an average portfolio maturity of around 1 year. These funds may deliver losses on a day-to-day basis but are generally low volatile. While most funds pick instruments that have a high credit rating, some can go into papers with lower credit ratings in order to deliver higher return.
These funds suit any investor with investment horizons of 6 months to a year. Ensure that funds do not have a high share of low-rated debt. These funds can also be used to maintain emergency money as well.
For investments made before April 1st, 2023
Short-term: Holding period is less than 36 months.
Taxation: Capital gains are taxed at individuals slab rate
Long-term: Holding period is 36 months or more.
Taxation: Capital gains are taxed at 20% with indexation benefit.
For investments made on and after April 1st, 2023
All capital gains are treated as short-term capital gains irrespective of holding period and will be taxed at individuals slab rate.
