Nippon India Dynamic Bond Fund Direct Growth

Nippon India Dynamic Bond Fund Direct Growth

Debt

Direct

Dynamic Bond

NAV as on 23-12-2024

₹ 38.05

Inception Returns

7.9%

/yr

About Nippon India Dynamic Bond Fund Direct Growth

Nippon India Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Vivek Sharma, Pranay Sinha. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Dynamic Bond Fund Direct Growth has ₹4366 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Nippon India Dynamic Bond Fund Direct Growth has given a CAGR return of 7.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.32%, 6.15% and 6.84% respectively.

Holdings

Nippon India Dynamic Bond Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 07.83 MH Sdl 2030, 07.04 Tn SDL 2030, 07.78 MH Sgs 2030, 07.02 Tn SDL 2030, 7.17% Govt Stock 2030

Taxation

As it is a dynamic bond 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 Dynamic Bond Fund Direct Growth

The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
23 people have invested ₹ 4.4L in Nippon India Dynamic Bond Fund Direct Growth in the last three months

Nippon India Dynamic Bond Fund Direct Growth Overview

Expense ratio0.32%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹4366 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
9.27%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (23-Dec-24)

Period
Nippon India Dynamic Bond Fund Direct Growth
Dynamic Bond Index
1M
0.7%
0.5%
3M
1.6%
0.8%
6M
4.6%
3.7%
1Y
9.3%
8.4%
3Y
6.2%
6.1%
5Y
6.8%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Nov'24

Oct'24

Sep'24

Government
97.7%
Cash Equivalent
2.3%
All changes are between Oct'69 and Dec'69
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 4.4K Cr
₹ 4.4K Cr
₹ 4.4K Cr
  • AUM of the fund stands at 4.4K Cr as of Nov'24
  • AUM decreased by 29.1 Cr between Nov'24 and Oct'24
Cash allocation has gone down from 2.4% to 2.2%
Cash allocation has gone down from 2.4% to 2.2%
Debt allocation has gone up from 97.4% to 97.5%
Debt allocation has gone up from 97.4% to 97.5%

Top Sector in November was Government

Nov'24
Government
98%
Oct'24
Government
98%
  • Debt & Cash

Holdings
Weight%
1M Change
07.83 MH Sdl 2030
07.83 MH Sdl 2030
6.93%
0%
07.04 Tn SDL 2030
07.04 Tn SDL 2030
5.26%
0%
07.78 MH Sgs 2030
07.78 MH Sgs 2030
4.5%
0%
07.02 Tn SDL 2030
07.02 Tn SDL 2030
3.98%
0%
7.17% Govt Stock 2030
7.17% Govt Stock 2030
3.25%
-22.2%
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Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Dynamic Bond Fund Direct Growth, since 25 May 2018
Vivek Sharma
Vivek Sharma
Fund Manager of Nippon India Dynamic Bond Fund Direct Growth, since 25 June 2020
Pranay Sinha
Pranay Sinha
Fund Manager of Nippon India Dynamic Bond Fund Direct Growth, since 31 March 2021
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.26L Cr
as on 29-Nov-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

Insights icon
In the last 1 year, Bandhan Dynamic Bond Fund - Direct Plan - Growth has given 10.55% return, outperforming this fund by 1.24%.
Insights icon
In the last 5 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 9.06% return, outperforming this fund by 2.22% per annum.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 3.2% moving from 0.31 to 0.32.
Insights icon
This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.32% which is lower than the category average expense ratio of 1%.
Insights icon
Over the last 6 months, this fund has experienced a 5.4% drop in AUM moving from 4.61K Cr to 4.36K Cr.
Insights icon
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 9.03% return, outperforming this fund by 2.88% per annum.

Nippon India Dynamic Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.86% since inception which is more than its category average return of 6.18%
AUM size ₹4366 Cr

AUM size ₹4366 Cr

This fund has AUM of ₹4366 Cr which is more than its category average of ₹ 1639 Cr
Expense Ratio 0.32%

Expense Ratio 0.32%

This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.94%

Frequently Asked Questions for Nippon India Dynamic Bond Fund Direct Growth

The current NAV of Nippon India Dynamic Bond Fund Direct Growth is ₹38.05 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Nippon India Dynamic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.68%
0.68%
6 Month Returns
4.63%
4.63%
1 Year Returns
9.32%
9.32%
3 Years Returns
19.61%
6.15%
5 Years Returns
39.22%
6.84%
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.
0.32% as on November 2024
₹4366 Cr as on November 2024
07.83 MH Sdl 2030(6.93%), 07.04 Tn SDL 2030(5.26%), 07.78 MH Sgs 2030(4.5%), 07.02 Tn SDL 2030(3.98%), 7.17% Govt Stock 2030(3.25%) as on November 2024
Yield to Maturity is 7.2 as on November 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 4.42 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Kinjal Desai, Vivek Sharma, Pranay Sinha are the fund managers of Nippon India Dynamic Bond Fund Direct Growth
The Exit load of Nippon India Dynamic Bond Fund Direct Growth is 0%