Nippon India Low Duration Fund(G)

View the direct plan of this scheme

Rs 3575.5132   0.6258(0.018 %) NAV as on 22 Nov 2024
Prime Rating: 3.5 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 7,893.52
Fund category:
Low Duration
Fund manager(s):
Vivek Sharma
Benchmark:
CRISIL Low Duration Debt Index
Minimum investment:
₹ 500
Launch date:
20 Mar 2007
Min. additional investment:
₹ 100
Expense ratio:
0.94 %
Exit load:
N/A

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 22 Nov 2024)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.13 % 1.87 %3.66 % 7.38 % 5.95 %5.90 % 7.47 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
Triparty Repo
Cash & Cash Equivalents and Net Assets
10.66%
Cash
7.58% National Bank For Agriculture and Rural Development
Corporate Debt
3.1%
CRISIL AAA
Punjab National Bank**
Certificate of Deposit
3.09%
FITCH A1+
7.71% Highways Infrastructure Trust**
Corporate Debt
2.17%
CRISIL AAA
Canara Bank**
Certificate of Deposit
2.16%
CRISIL A1+
Naomi**
PTC & Securitized Debt
2.11%
FITCH AAA(SO)
HDFC Bank Limited
Certificate of Deposit
2.08%
CARE A1+
7.55% REC Limited**
Corporate Debt
2.03%
CRISIL AAA
7.79% Small Industries Dev Bank of India**
Corporate Debt
1.98%
CRISIL AAA
7.87% India Grid Trust InvIT Fund**
Corporate Debt
1.91%
CRISIL AAA

About this category

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.

Suitability

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.

Taxation
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