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Fund Overview

Fund Size

Fund Size

₹5,505 Cr

Expense Ratio

Expense Ratio

0.37%

ISIN

ISIN

INF204K01B32

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Nippon India Short Term Fund Direct Growth is a Short Duration mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 5 months and 21 days, having been launched on 01-Jan-13.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹52.25, Assets Under Management (AUM) of 5504.53 Crores, and an expense ratio of 0.37%.
  • Nippon India Short Term Fund Direct Growth has given a CAGR return of 8.09% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 93.36% in debts, and 6.36% in cash & cash equivalents.
  • You can start investing in Nippon India Short Term Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

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

+7.49%

+5.53% (Cat Avg.)

3 Years

+6.03%

+5.17% (Cat Avg.)

5 Years

+7.27%

+5.80% (Cat Avg.)

10 Years

+7.90%

+6.05% (Cat Avg.)

Since Inception

+8.09%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Debt5,139.21 Cr93.36%
Others365.33 Cr6.64%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.17% Govt Stock 2030Bond - Gov't/Treasury703.73 Cr12.77%
7.1% Govt Stock 2029Bond - Gov't/Treasury586.04 Cr10.63%
Triparty RepoCash - Repurchase Agreement286.63 Cr5.20%
Small Industries Development Bank Of IndiaBond - Corporate Bond165.91 Cr3.01%
India Grid TRustBond - Corporate Bond159.16 Cr2.89%
7.37% Govt Stock 2028Bond - Gov't/Treasury151.79 Cr2.75%
Rural Electrification Corporation LimitedBond - Corporate Bond150.28 Cr2.73%
Bharti Telecom LimitedBond - Corporate Bond126.47 Cr2.29%
7.06% Govt Stock 2028Bond - Gov't/Treasury125.02 Cr2.27%
Power Finance Corporation Ltd.Bond - Corporate Bond124.7 Cr2.26%
7.32% Govt Stock 2030Bond - Gov't/Treasury101.35 Cr1.84%
Bajaj Housing Finance Ltd. 8.05%Bond - Corporate Bond100.26 Cr1.82%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond100.17 Cr1.82%
PNb Housing Finance LimitedBond - Corporate Bond100.1 Cr1.82%
Titan Company LimitedBond - Corporate Bond100.01 Cr1.81%
Muthoot Finance LimitedBond - Corporate Bond99.11 Cr1.80%
Muthoot Finance LimitedBond - Corporate Bond99 Cr1.80%
Motherson Sumi Systems LimitedBond - Corporate Bond94.82 Cr1.72%
Grasim Industries LimitedBond - Corporate Bond89.92 Cr1.63%
India (Republic of) 7.04%Bond - Gov't/Treasury83.28 Cr1.51%
Power Finance Corporation Ltd.Bond - Corporate Bond79.14 Cr1.44%
National Bank for Agriculture and Rural Development 7.68%Bond - Gov't Agency Debt75.06 Cr1.36%
Shriram Housing Finance Limited 9.25%Bond - Corporate Bond74.89 Cr1.36%
Tata Capital Financial Services LimitedBond - Corporate Bond74.71 Cr1.36%
Small Industries Development Bank Of IndiaBond - Corporate Bond74.46 Cr1.35%
Mahindra & Mahindra Financial Services LtdBond - Corporate Bond69.86 Cr1.27%
360 One Prime LimitedBond - Corporate Bond65.15 Cr1.18%
HDB Financial Services 8.04%Bond - Corporate Bond64.62 Cr1.17%
Rural Electrification Corporation LimitedBond - Corporate Bond62.46 Cr1.13%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond54.88 Cr1.00%
Rural Electrification Corporation LimitedBond - Corporate Bond50.92 Cr0.92%
Summit Digitel Infrastructure LimitedBond - Corporate Bond50.26 Cr0.91%
Mindspace Business Parks REIT 7.96%Bond - Corporate Bond50.1 Cr0.91%
Bharti Telecom LimitedBond - Corporate Bond50.1 Cr0.91%
Tata Communications LimitedBond - Corporate Bond49.99 Cr0.91%
Nirma LimitedBond - Corporate Bond49.97 Cr0.91%
Power Finance Corporation Ltd.Bond - Corporate Bond49.93 Cr0.91%
Muthoot Finance Ltd. 9.02%Bond - Corporate Bond49.82 Cr0.90%
Bajaj Housing Finance Ltd. 7.78%Bond - Corporate Bond49.8 Cr0.90%
Rural Electrification Corporation LimitedBond - Corporate Bond49.79 Cr0.90%
07.08.85 MP Sdl 2029Bond - Gov't/Treasury49.42 Cr0.90%
Punjab National BankBond - Gov't Agency Debt47.61 Cr0.86%
Bank Of BarodaCash - CD/Time Deposit47.43 Cr0.86%
Small Industries Development Bank Of IndiaBond - Corporate Bond39.72 Cr0.72%
Power Finance Corporation Ltd.Bond - Corporate Bond35.06 Cr0.64%
Rural Electrification Corporation LimitedBond - Corporate Bond35.04 Cr0.64%
Rural Electrification Corporation LimitedBond - Corporate Bond34.84 Cr0.63%
Tata Capital Housing Finance LimitedBond - Corporate Bond34.01 Cr0.62%
SANSAR TRUST SEP 2023 IXBond - Asset Backed31.62 Cr0.57%
HDFC Bank LimitedBond - Corporate Bond31.19 Cr0.57%
Power Grid Corporation Of India LimitedBond - Corporate Bond30.73 Cr0.56%
FIRST BUSINESS RECEIVABLES TRUSTBond - Asset Backed29.24 Cr0.53%
The Federal Bank LimitedBond - Corporate Bond27.13 Cr0.49%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.05 Cr0.45%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.05 Cr0.45%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.98 Cr0.45%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.89 Cr0.45%
Small Industries Development Bank Of IndiaBond - Corporate Bond24.89 Cr0.45%
SANSAR TRUST DEC 2022Bond - Asset Backed24.68 Cr0.45%
360 One Prime LimitedBond - Corporate Bond19.96 Cr0.36%
L & T Finance LtdBond - Corporate Bond19.83 Cr0.36%
Pipeline Infrastructure Ltd. 7.96%Bond - Corporate Bond16.16 Cr0.29%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End15.45 Cr0.28%
Tata Capital LimitedBond - Corporate Bond15.03 Cr0.27%
Net Current AssetsCash12.4 Cr0.22%
Ntpc LimitedBond - Corporate Bond12.15 Cr0.22%
07.72 TN UDAY 2026Bond - Gov't Agency Debt9.55 Cr0.17%
FIRST BUSINESS RECEIVABLES TRUSTBond - Asset Backed8.11 Cr0.15%
HDB Financial Services 7.5%Bond - Corporate Bond4.95 Cr0.09%
07.39 HR Sdl 2029Bond - Gov't/Treasury3.58 Cr0.06%
Nhpc LimitedBond - Corporate Bond3 Cr0.05%
Interest Rate Swaps Pay Fix Receive Floating (30/01/2026) (Fv 10000 Lacs)Interest Rate Swap1.17 Cr0.02%
India Infradebt LimitedBond - Corporate Bond1 Cr0.02%
06.38 MH Sdl 2027Bond - Gov't/Treasury0.84 Cr0.02%
Cash Margin - CcilCash - Collateral0.83 Cr0.02%
Small Industries Development Bank Of IndiaBond - Corporate Bond0.69 Cr0.01%
5.22% Govt Stock 2025Bond - Gov't/Treasury0.42 Cr0.01%
8.4% Govt Stock 2024Bond - Gov't/Treasury0.04 Cr0.00%
Interest Rate Swaps Pay Fix Receive Floating (29/11/2024) (Fv 10000 Lacs)Interest Rate Swap0.01 Cr0.00%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond3,116.11 Cr56.54%
Bond - Gov't/Treasury1,805.5 Cr32.76%
Cash - Repurchase Agreement286.63 Cr5.20%
Bond - Gov't Agency Debt132.22 Cr2.40%
Bond - Asset Backed93.65 Cr1.70%
Cash - CD/Time Deposit47.43 Cr0.86%
Mutual Fund - Open End15.45 Cr0.28%
Cash12.4 Cr0.22%
Interest Rate Swap1.18 Cr0.02%
Cash - Collateral0.83 Cr0.02%

Risk & Performance Ratios

Standard Deviation

This fund

1.14%

Cat. avg.

1.95%

Lower the better

Sharpe Ratio

This fund

0.30

Cat. avg.

-0.55

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.01

Higher the better

Fund Managers

Vivek Sharma

Vivek Sharma

Since February 2020

KD

Kinjal Desai

Since May 2018

SB

Sushil Budhia

Since March 2021

Additional Scheme Detailsas of 31st May 2024

ISININF204K01B32Expense Ratio0.37%Exit LoadNo ChargesFund Size₹5,505 CrAge01 Jan 2013Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Short Duration Debt A-II TR INR

Investment ObjectiveInvestment 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 Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
Axis Short Term Fund Regular Growth

Moderate Risk

0.9%0.0%₹7926.48 Cr6.9%
Mirae Asset Short Term Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹336.44 Cr6.5%
Tata Short Term Bond Fund Regular Growth

Moderate Risk

1.2%0.0%₹2203.34 Cr6.4%
Bandhan Bond Fund - Short Term Plan Regular Growth

Moderate Risk

0.8%0.0%₹8759.17 Cr6.9%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹336.44 Cr7.4%
ICICI Prudential Short Term Fund Regular Growth

Moderate Risk

1.1%0.0%₹18248.72 Cr7.4%
Mahindra Manulife Short Duration Fund Regular Growth

Moderate Risk

1.3%0.0%₹49.16 Cr6.7%
Mahindra Manulife Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹49.16 Cr7.7%
Nippon India Short Term Fund Regular Growth

Moderate Risk

0.9%0.0%₹5504.53 Cr6.9%
HDFC Short Term Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹13055.75 Cr7.4%

About the AMC

Total AUM

₹4,73,879 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth

Moderately High risk

-0.0%--
Nippon India Innovation Fund Direct Growth

Very High Risk

0.8%1.0%₹1560.73 Cr-
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Quarterly Series I Direct Growth

Low Risk

-0.0%₹2.90 Cr7.0%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Low to Moderate Risk

---7.2%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Annual Series I Direct Growth

Low Risk

-0.0%₹16.60 Cr7.2%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹186.11 Cr7.4%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Moderate Risk

-0.0%-7.5%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth

Moderate Risk

-0.0%₹162.14 Cr7.4%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth

Moderate Risk

-0.0%--
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth

Low Risk

--₹40.32 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹3.62 Cr7.0%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹58.29 Cr7.4%
Nippon India Fixed Horizon Fund XXXX Series 18 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Monthly Series II Direct Growth

Low Risk

-0.0%₹3.78 Cr6.3%
Nippon India Fixed Horizon Fund XXXX Sr 20 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XXXX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLV - Series 4 Direct Growth

Low to Moderate Risk

-0.0%-7.2%
Nippon India Fixed Horizon Fund XLI Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth

Moderate Risk

-0.0%₹59.81 Cr7.4%
Nippon India Interval Fund Monthly Series I Direct Growth

Low Risk

-0.0%₹3.16 Cr6.2%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth

Moderately High risk

-0.0%-8.8%
Nippon India Fixed Horizon Fund XXXIX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 2 Direct Growth

Moderate Risk

----
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹264.07 Cr7.2%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹15157.75 Cr8.5%
Nippon India Gilt Securities Fund Direct Growth

Moderate Risk

0.5%0.0%₹1878.01 Cr8.3%
Nippon India Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹5462.71 Cr28.1%
Nippon India Power & Infra Fund Direct Growth

Very High Risk

1.1%1.0%₹5697.01 Cr78.2%
Nippon India Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹4615.48 Cr7.2%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹27931.43 Cr58.3%
Nippon India Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹31963.02 Cr52.3%
Nippon India Gold Savings Fund Direct Growth

High Risk

0.9%1.0%₹1877.33 Cr22.7%
Nippon India Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹7966.37 Cr7.7%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Nippon India Short Term Fund Direct Growth, as of 21-Jun-2024, is ₹52.25.
The fund has generated 7.49% over the last 1 year and 6.03% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 93.36% in bonds, and 6.36% in cash and cash equivalents.
The fund managers responsible for Nippon India Short Term Fund Direct Growth are:-
  1. Vivek Sharma
  2. Kinjal Desai
  3. Sushil Budhia