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​​​​​​​​​​​​​​​​​​​​​​​​​ ​​​​​Home Products By Asset Class Debt Funds > ​ Nippon India Low Duration Fund.​ ​ ​​​​​​

Nippon India Low Duration Fund

An open ended low duration debt scheme investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 - 12 months. Relatively High interest rate risk and moderate Credit Risk.

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This product is suitable for investors who are seeking*:

  • Income over short term
  • Investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 - 12 months

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Fund Riskometer

Nippon India Low Duration Fund

Benchmark Riskometer

CRISIL Low Duration Debt A-I Index

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  • Investment Objective:
    The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (19 Apr 2024)3428.5405


NAV as on March 28, 2024: `3,413.1302

Performance of Nippon India Low Duration Fund as on 31/03/2024
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception%
Nippon India Low Duration Fund7.025.305.727.47
B:CRISIL Low Duration Debt A-I Index7.585.636.197.36
AB:Crisil 1 Yr T-Bill Index7.215.145.506.22
Value of 10000 Invested
Nippon India Low Duration Fund10,69811,67413,21234,132
B:CRISIL Low Duration Debt A-I Index10,75411,78213,50333,506
AB:Crisil 1 Yr T-Bill Index10,71711,62013,07427,942
Inception Date: Mar 20, 2007
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager: Anju Chhajer (Since Oct 2009) & Vivek Sharma (Since Feb,2020)

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER:Vivek Sharma

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund9.309.64NANANANA
Nippon India Dynamic Bond Fund7.958.125.165.346.377.20
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund7.848.36NANANANA
Bottom 3
Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund7.107.45NANANANA
Nippon India Nifty AAA PSU Bond Plus SDL - Sep 2026 Maturity 50:50 Index Fund7.057.41NANANANA
Nippon India Ultra Short Duration Fund6.917.616.605.754.865.94

Note:

a.Mr. Vivek Sharma manages 16 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein are on the basis of 1 Year CAGR returns.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

Mr. Vivek Sharma has been managing Nippon India Ultra Short Duration Fund since Oct 2013, Nippon India Income Fund since Feb 2020,Nippon India Corporate Bond Fund since Feb 2020, Nippon India Short Term Fund since Feb 2020,  Nippon India Low Duration Fund since Feb 2020, Nippon India Banking & PSU Debt Fund since Jun 2020,  Nippon India Dynamic Bond Fund since Jun 2020,  Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50 since Mar 2021, Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight since Mar 2021, Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund since Mar 2022, Nippon India Nifty AAA PSU Bond Plus SDL - Sep 2026 Maturity 50:50 Index Fund since Oct 2022, Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity 70:30 Index Fund since Nov 2022, Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund since Dec 2022, Nippon India Nifty G-Sec Jun 2036 Maturity Index Fund since Dec 2022, Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund since Feb 2023, Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund since Mar 2023.

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Anju Chhajer

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Nippon India Floating Rate Fund7.777.445.535.266.866.38
Nippon India Money Market Fund7.577.435.745.486.005.41
Nippon India Arbitrage Fund7.538.175.425.725.205.10
Nippon India Liquid Fund7.147.305.355.515.185.21
Nippon India Overnight Fund6.716.835.085.234.684.81

Note:

a.Ms. Anju Chhajer manages 6 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes,the top 3 and bottom 3 schemes managed by fund manager has been provided herein are on the basis of 1 Year CAGR returns.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

Ms. Anju Chhajer has been managing Nippon India Low Duration Fund since Oct 2009, Nippon India Liquid Fund since Oct 2013, Nippon India Overnight Fund since Dec 2018, Nippon India Arbitrage Fund since Feb 2020, Nippon India Money Market Fund since Feb 2020, Nippon India Floating Rate Fund since Feb 2020.

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investments. Returns for 1 year and above are compounded annualized(CAGR) and returns less than 1 year are simple annualized basis. 6 months simple annualized returns are provided for the schemes that are in existence for more than 6 months but have not completed 1 year.IDCW (if any) are assumed to be reinvested at the prevailing NAV. In case of Nippon India ETF Liquid BeES, returns are based on gross IDCW per unit declared by the Fund. Bonus (if any) declared has been adjusted.Face value of schemes is `10 per unit, except for the schemes as specified here. Face Value of Nippon India Liquid Fund, Nippon India Money Market Fund Nippon India Ultra Short Duration Fund, Nippon India Low Duration Fund and Nippon India ETF Liquid BeES is `1000 per unit. Face value of Nippon India ETF Junior BeES is `1.25 per unit. Face value of Nippon India Overnight Fund is `100 per unit. Face Value of Nippon India ETF Nifty BeES, Nippon India ETF Bank BeES, Nippon India ETF PSU Bank BeES, Nippon India ETF NV20, Nippon India ETF Hang Seng BeES, Nippon India ETF Gold BeES is `1 per unit. In case, the start/end date of the concerned period is non-business day, NAV of the previous date is considered for computation of returns. Performance details of closed ended and interval schemes are not provided since these are not comparable with other schemes. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).











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Fund Details

  • Inception Date20 Mar 2007
  • Fund ManagerMs. Anju Chhajer | Mr. Vivek Sharma
Current Investment Philosophy
    • The fund endeavors to invest more than 80% in higher rated (AAA/A1+/equivalent) assets.
    • A major part of the portfolio gets allocated in 0 - 9 months and 15 – 30% allocation is made in assets of 9 - 18 months maturity bucket, which aims to give the portfolio carry advantage and roll down benefit.
    • The portfolio duration would be maintained between 180 - 365 days.
Minimum Investment
500.00

    and in multiples of Rs 1 thereafter for Other Plans and Options. For Daily Dividend Option - Rs 10000 & in multiples of Rs 1 thereafter For Weekly Dividend Option - Rs 5000 & in multiples of Rs 1 thereafter For Other Plans and Options - Rs 500 and in multiples of Rs 1 thereafter

Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load:**

NIL

Exit load levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • Income over short term
  • Investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 - 12 months

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

PRC Matrix

Potential Risk Class
Credit Risk Relatively Low (Class A) Moderate (Class B) Relatively High (Class C)
Interest Rate Risk
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III


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