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​​​​​​​​​​​ ​​​​​Home Funds and Performance NipponIndia-Short-Term​-Fund.​ ​​​​​​​

Nippon India Short Term Fund

An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 to 3 years. (Please refer to the page number 14 of the Scheme Information Document on which the concept of Macaulay’s Duration has been explained)

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This product is suitable for investors who are seeking*:

  • Income over short term.
  • Investment in debt & money market instruments with portfolio Macaulay Duration between 1 - 3 years

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

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  • Investment Objective:
    The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.

Fund PerformanceGrowth Plan Growth Option

  • Latest NAV (05 May 2021)41.1493


NAV as on Mar 31, 2021: ` 40.7948

Performance of Nippon India Short Term Fund as on 31/03/2021
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Nippon India Short Term Fund 7.997.697.607.99
B: Crisil Short Term Bond Fund Index7.808.388.087.32
AB: Crisil 10 Yr Gilt Index3.608.247.176.24
Value of `10000 Invested
Nippon India Short Term Fund 10,799 12,500 14,426 40,795
B: Crisil Short Term Bond Fund Index 10,780 12,740 14,750 36,449
AB: Crisil 10 Yr Gilt Index 10,360 12,693 14,141 30,288
Inception Date: Dec 18, 2002
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager: Prashant Pimple (Since Oct 2008 till Mar 30, 2021), Sushil Budhia (w.e.f. Mar 31, 2021), Vivek Sharma (Since Feb 2020)

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER:Sushil Budhia

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Equity Hybrid Fund59.6049.751.9012.887.3613.61
Nippon India Balanced Advantage Fund39.1449.7510.0912.8812.0413.61
Nippon India Equity Savings Fund24.6626.39-2.669.882.489.91
Bottom 3
Nippon India Hybrid Bond Fund11.8216.57-0.0310.123.509.92
Nippon India Credit Risk Fund7.6610.290.588.823.588.88
Nippon India Strategic Debt Fund1.489.12-8.598.41-2.028.95

Note:

a.Mr. Sushil Budhia manages 9 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 Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.

Sushil Budhia has been managing Nippon India Credit Risk Fund since Feb 2020, Nippon India Strategic Debt Fund since Feb 2020, Nippon India Hybrid Bond Fund since Feb 2020, Nippon India Equity Hybrid Fund since Feb 2020, Nippon India Equity Savings Fund since Feb 2020, Nippon India Short Term Fund since Mar 2021, Nippon India Balanced Advantage Fund since Mar 2021, Nippon India Multi Asset Fund since Mar 2021, Nippon India asset allocator since Mar 2021.

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 Banking & PSU Debt Fund8.327.758.717.908.357.85
Nippon India Corporate Bond Fund7.607.067.587.627.657.60
Nippon India Dynamic Bond Fund7.337.977.468.867.488.53
Bottom 3
Nippon India Low Duration Fund6.255.916.887.107.107.22
Nippon India Income Fund5.418.688.618.847.958.46
Nippon India Ultra Short Duration Fund4.944.914.176.814.957.05

Note:

a. Mr.Vivek Sharma manages 9 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.

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).

Mr.Vivek Sharma has been managing Nippon India Ultra Short Duration Fund since Oct 2013, Nippon India Income Fund since Feb 2020, Nippon India Prime Debt 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 - 2024 Maturity since Mar 2021, Nippon India ETF Nifty SDL - 2026 Maturity since Mar 2021

​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 yearare simple annualized basis. 6 months simple annualized returnsare provided for the schemes that are in existence for more than 6 months but have not completed 1 year.Dividend (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of IDCW option would be net of dividend distribution tax, if any. 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) ​​​​​​​​

​Note:

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##The Scheme Returns are inclusive of the impact of Segregation of portfolio in the respective schemes. For impact on NAV on account of Segregation of portfolio, please refer SID/KIM of the relevant Schemes​.






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Fund Details

  • Inception Date18 Dec 2002
  • Fund ManagerMr.Vivek Sharma | Mr. Sushil Budhia
Current Investment Philosophy
    • The Fund endeavors to maintain portfolio duration between 1.25 - 2.5 years.
    • The portfolio will have allocations to G-Secs/ SDLs/ High grade bonds primarily in the 1 - 5 years duration bucket. The fund will tactically use G-Secs/SDLs to generate alpha.
    • Strategy is to enhance returns through asset allocation and shape of the curve.
Minimum Investment
500.00

    and in multiples of Re.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 & money market instruments with portfolio Macaulay Duration between 1 - 3 years

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



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Details as on Mar 31 , 2021

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