Nippon India Low Duration Fund Direct Plan Growth Plan
Debt
Direct
Low Duration
NAV: ₹ 3628.49 as on 15-05-2024
About the Fund
Nippon India Low Duration Fund Direct Plan Growth Plan is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Vivek Sharma, Anju Chhajer. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Low Duration Fund Direct Plan Growth Plan has ₹5805 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.4.
Fund Performance
310 people have invested ₹ 41.9L in Nippon India Low Duration Fund Direct Plan Growth Plan in the last three months
Overview
 | 0.37% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹5805 Cr |
 | 1 January, 2013 |
 | ₹500/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 228.26% |
Nippon India Low Duration Fund Direct Plan Growth Plan Distribution as on (31-Dec-69)
Credit rating breakup
AAA
88.3%
AA
11.7%
Sector Allocation
Corporate
70.3%
Government
17%
Cash Equivalent
12.7%
Top Holdings of Nippon India Low Duration Fund Direct Plan Growth Plan as on (30-Apr-24)
Debt Holdings73
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 5.31% | 0% | |
Bank of Baroda | 3.84% | -30.8% | |
Highways Infrastructure Trust | 2.96% | 0% | |
Canara Bank | 2.83% | 0% | |
Kotak Mahindra Investments Limited | 2.58% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 5.8K Cr as of Apr'24
- AUM decreased by 416.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 2.6% moving from 0.38 to 0.37.
In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 7.95% return, outperforming this fund by 0.44%.
Over the last 1 month, this fund has experienced a 6.7% drop in AUM moving from 6.22K Cr to 5.80K Cr.
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.37% which is lower than the category average expense ratio of 0.67%.
In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.88% return, outperforming this fund by 0.49% per annum.
In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.46% return, outperforming this fund by 1.43% per annum.
Peer Analysis
Fund Manager
Kinjal Desai
Fund Manager of Nippon India Low Duration Fund Direct Plan Growth Plan, since 25 May 2018
Top funds managed
Vivek Sharma
Fund Manager of Nippon India Low Duration Fund Direct Plan Growth Plan, since 1 February 2020
Top funds managed
Anju Chhajer
Fund Manager of Nippon India Low Duration Fund Direct Plan Growth Plan, since 9 October 2009
Top funds managed
Nippon India Low Duration Fund Direct Plan Growth Plan Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.65% since inception which is more than its category average return of 4.97%
AUM size ₹5805 Cr
This fund has AUM of ₹5805 Cr which is more than its category average of ₹ 3689 Cr
Expense Ratio 0.37%
This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of Nippon India Low Duration Fund Direct Plan Growth Plan is ₹3628.49 as on 15-May-2024.
Existing (Absolute + CAGR) as on 15-May-2024.
Nippon India Low Duration Fund Direct Plan Growth Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.84% | 3.84% |
1 Year Returns | 7.51% | 7.51% |
3 Years Returns | 19.22% | 6.03% |
5 Years Returns | 36.33% | 6.39% |
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.
0.37% as on April 2024
₹5805 Cr as on April 2024
National Bank For Agriculture And Rural Development(5.31%), Bank of Baroda(3.84%), Highways Infrastructure Trust(2.96%), Canara Bank(2.83%), Kotak Mahindra Investments Limited(2.58%) as on April 2024
Corporate(70.32%), Government(16.99%), Cash Equivalent(12.69%) as on April 2024
Yield to Maturity is 7.77 as on April 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 0.9 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 88.26 |
AA | 11.74 |
Kinjal Desai, Vivek Sharma, Anju Chhajer are the fund managers of Nippon India Low Duration Fund Direct Plan Growth Plan
The Exit load of Nippon India Low Duration Fund Direct Plan Growth Plan is 0%