Debt
Direct
Medium Duration
NAV as on 06-09-2024
₹ 15.57
Inception Returns
4.4%
/yr
Nippon India Strategic Debt Fund Direct Growth is a debt fund. This fund was started on 26 June, 2014. The fund is managed by Kinjal Desai, Sushil Budhia. This fund is suitable to keep your money safe.
Nippon India Strategic Debt Fund Direct Growth has given a CAGR return of 4.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.05%, 5.65% and 1.25% respectively.
Nippon India Strategic Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, Summit Digitel Infrastructure Limited, 7.1% Govt Stock 2034, 7.17% Govt Stock 2030, Pipeline Infrastructure Ltd. 7.96%
As it is a medium duration 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.
To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 100.00. Nippon India Strategic Debt Fund Direct Growth has no lock in period.
Expense ratio | 0.5% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹117 Cr |
Inception Date | 26 June, 2014 |
Min Lumpsum/SIP | ₹5000/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 190.64% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (06-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Corporate, Government
Nippon India Strategic Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 4.37% | 4.37% |
1 Year Returns | 8.05% | 8.05% |
3 Years Returns | 17.93% | 5.65% |
5 Years Returns | 6.42% | 1.25% |
AAA | 53.04 |
AA | 46.96 |