Nippon India Low Duration Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (25-Jul-24)
₹3682.930.02%1D
Returns (Since Inception)
7.65%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹6,192 Cr
Expense Ratio
0.37%
ISIN
INF204K01ZU3
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Nippon India Low Duration Fund Direct Growth is a Low Duration mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹3682.93, Assets Under Management (AUM) of 6192.22 Crores, and an expense ratio of 0.37%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹3682.93, Assets Under Management (AUM) of 6192.22 Crores, and an expense ratio of 0.37%.
- Nippon India Low Duration Fund Direct Growth has given a CAGR return of 7.65% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 66.36% in debts, and 33.38% in cash & cash equivalents.
- You can start investing in Nippon India Low Duration Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.55%
+6.26% (Cat Avg.)
3 Years
+6.20%
+5.34% (Cat Avg.)
5 Years
+6.72%
+5.62% (Cat Avg.)
10 Years
+7.32%
+5.63% (Cat Avg.)
Since Inception
+7.65%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Debt | ₹4,109.26 Cr | 66.36% |
| Others | ₹2,082.97 Cr | 33.64% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| India (Republic of) | Bond - Short-term Government Bills | ₹453.85 Cr | 7.30% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹283.65 Cr | 4.56% |
| Triparty Repo | Cash - Repurchase Agreement | ₹276.42 Cr | 4.45% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹237.66 Cr | 3.82% |
| NAOMI 05 2024 | Bond - Asset Backed | ₹176.37 Cr | 2.84% |
| Highways Infrastructure Trust | Bond - Corporate Bond | ₹171.64 Cr | 2.76% |
| Canara Bank | Bond - Gov't Agency Debt | ₹166.06 Cr | 2.67% |
| India (Republic of) | Bond - Short-term Government Bills | ₹148.19 Cr | 2.38% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹144.25 Cr | 2.32% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹143.58 Cr | 2.31% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹129.15 Cr | 2.08% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹125.17 Cr | 2.01% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹124.95 Cr | 2.01% |
| India Grid TRust | Bond - Corporate Bond | ₹124.45 Cr | 2.00% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹124.34 Cr | 2.00% |
| NAOMI 05 2024 | Bond - Asset Backed | ₹111.78 Cr | 1.80% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹105.17 Cr | 1.69% |
| Embassy Office Parks REIT 8.17% | Bond - Corporate Bond | ₹100.32 Cr | 1.61% |
| Smfg India Home Finance Company Limited | Bond - Corporate Bond | ₹100.16 Cr | 1.61% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹100.13 Cr | 1.61% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹99.74 Cr | 1.60% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹99.3 Cr | 1.60% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹97.63 Cr | 1.57% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹97.02 Cr | 1.56% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹96.9 Cr | 1.56% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹95.32 Cr | 1.53% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹94.96 Cr | 1.53% |
| Canara Bank | Bond - Gov't Agency Debt | ₹94.76 Cr | 1.52% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹94.75 Cr | 1.52% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹75.16 Cr | 1.21% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹74.96 Cr | 1.21% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹74.7 Cr | 1.20% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹71.16 Cr | 1.15% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹69.84 Cr | 1.12% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹60.19 Cr | 0.97% |
| SANSAR TRUST SEP 2023 IX | Bond - Asset Backed | ₹58.57 Cr | 0.94% |
| 08.00 OIL SPL 2026 | Bond - Gov't Agency Debt | ₹55.65 Cr | 0.90% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹55.17 Cr | 0.89% |
| Net Current Assets | Cash | ₹50.32 Cr | 0.81% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹50.22 Cr | 0.81% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹50.13 Cr | 0.81% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.08 Cr | 0.81% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹50.06 Cr | 0.81% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.04 Cr | 0.81% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹50.01 Cr | 0.80% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹49.88 Cr | 0.80% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.64 Cr | 0.80% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹49.5 Cr | 0.80% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.42 Cr | 0.80% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.2 Cr | 0.79% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.83 Cr | 0.79% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.31 Cr | 0.78% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹48.23 Cr | 0.78% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.57 Cr | 0.77% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹44.84 Cr | 0.72% |
| SANSAR TRUST DEC 2022 | Bond - Asset Backed | ₹40.42 Cr | 0.65% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹37.94 Cr | 0.61% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹37.14 Cr | 0.60% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹36.95 Cr | 0.59% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹35.05 Cr | 0.56% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹30.1 Cr | 0.48% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.02 Cr | 0.40% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.96 Cr | 0.40% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.93 Cr | 0.40% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.89 Cr | 0.40% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.88 Cr | 0.40% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.88 Cr | 0.40% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.84 Cr | 0.40% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹24.83 Cr | 0.40% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.47 Cr | 0.39% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.22 Cr | 0.39% |
| 07.80 HR Sdl 2027 | Bond - Gov't/Treasury | ₹20.92 Cr | 0.34% |
| LIQUID GOLD SERIES 7 | Bond - Asset Backed | ₹17.27 Cr | 0.28% |
| 07.60 MP Sdl 2027 | Bond - Gov't/Treasury | ₹16.14 Cr | 0.26% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹15.97 Cr | 0.26% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.08% |
| 182 DTB 22082024 | Bond - Gov't/Treasury | ₹4.95 Cr | 0.08% |
| Goi 12.04.2025 Gov | Bond - Gov't/Treasury | ₹4.8 Cr | 0.08% |
| National Bank for Agriculture and Rural Development | Cash - CD/Time Deposit | ₹4.8 Cr | 0.08% |
| Goi 12.10.2024 Gov | Bond - Gov't/Treasury | ₹3.31 Cr | 0.05% |
| Goi 12.10.2025 Gov | Bond - Gov't/Treasury | ₹3.09 Cr | 0.05% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹1.5 Cr | 0.02% |
| Cash Margin - Ccil | Cash - Collateral | ₹1.26 Cr | 0.02% |
| Interest Rate Swaps Pay Fix Receive Floating (01/01/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.34 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (30/03/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.23 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (15/12/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.16 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (17/03/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.13 Cr | 0.00% |
| Interest Rate Swaps Pay Floating Receive Fix (06/09/2024) (Fv 5000 Lacs) | Interest Rate Swap | ₹-0.01 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹3,048.26 Cr | 49.05% |
| Cash - CD/Time Deposit | ₹1,230.47 Cr | 19.80% |
| Bond - Short-term Government Bills | ₹651.24 Cr | 10.48% |
| Bond - Gov't Agency Debt | ₹482.39 Cr | 7.76% |
| Bond - Asset Backed | ₹404.4 Cr | 6.51% |
| Cash - Repurchase Agreement | ₹276.42 Cr | 4.45% |
| Bond - Gov't/Treasury | ₹53.22 Cr | 0.86% |
| Cash | ₹50.32 Cr | 0.81% |
| Mutual Fund - Open End | ₹15.97 Cr | 0.26% |
| Cash - Collateral | ₹1.26 Cr | 0.02% |
| Interest Rate Swap | ₹0.85 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
0.59%
Cat. avg.
0.91%
Lower the better
Sharpe Ratio
This fund
0.94
Cat. avg.
-0.69
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.32
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th June 2024
ISIN | INF204K01ZU3 | Expense Ratio | 0.37% | Exit Load | No Charges | Fund Size | ₹6,192 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Crisil Low Duration Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹517.76 Cr | 7.7% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹517.76 Cr | 6.9% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2564.50 Cr | 7.1% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹10490.91 Cr | 6.9% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹616.30 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹19120.59 Cr | 7.1% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5450.34 Cr | 7.0% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹864.85 Cr | 7.1% |
| ICICI Prudential Savings Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹20884.12 Cr | 7.7% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹503.92 Cr | 6.7% |
About the AMC
Total AUM
₹4,96,196 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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We're here to help.
What is the current NAV of Nippon India Low Duration Fund Direct Growth?
The NAV of Nippon India Low Duration Fund Direct Growth, as of 25-Jul-2024, is ₹3682.93.
What are the returns of Nippon India Low Duration Fund Direct Growth?
The fund has generated 7.55% over the last 1 year and 6.20% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Low Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 66.36% in bonds, and 33.38% in cash and cash equivalents.
Who manages the Nippon India Low Duration Fund Direct Growth?
The fund managers responsible for Nippon India Low Duration Fund Direct Growth are:-
- Anju Chhajer
- Vivek Sharma
- Kinjal Desai
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.