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Nippon India Strategic Debt Fund

An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 4 years. Relatively High interest rate risk and Relatively High Credit Risk.

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This product is suitable for investors who are seeking*:

  • Income over medium term
  • Investment predominantly in debt and money market instruments with portfolio Macaulay Duration of 3 - 4 yrs

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

Fund Riskometer

Nippon India Strategic Debt Fund

Benchmark Riskometer

CRISIL Medium Duration Debt A-III Index

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  • Investment Objective:
    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.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (08 Nov 2024)14.6554


NAV as on September 30, 2024: `14.5592

Performance of Nippon India Strategic Debt Fund as on 30/09/2024
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception%
Nippon India Strategic Debt Fund8.045.310.783.72
B:CRISIL Medium Duration Debt A-III Index8.095.216.887.92
AB:Crisil 10 Yr Gilt Index10.315.375.647.20
Value of `10000 Invested
Nippon India Strategic Debt Fund10,80811,68210,39814,559
B:CRISIL Medium Duration Debt A-III Index10,81311,64913,95321,871
AB:Crisil 10 Yr Gilt Index11,03711,70213,16220,418
Inception Date: Jun 26, 2014
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager: Sushil Budhia (Since Feb,2020)
*25% of CRISIL AAA Medium Term Bond Index + 25% of CRISIL AA+ Medium Term Bond Index + 25% of CRISIL AA Medium Term Bond Index + 25% of CRISIL AA- Medium Term Bond Index
The scheme returns are inclusive of the impact of segregation of portfolio. For complete details, please refer SID/KIM of the Scheme.
Segregated Portfolio 1 - Impact of segregation on NAV is negative (0.37%). An amount of 4.64% of total exposure realized on Sep 16, 2020. The annual coupon amounting Rs 1.82 cr received on Jan 27, 2021.
Segregated Portfolio 2 - No impact of segregation on NAV beyond fair valuation of securities done on March 5,2020.

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 Multi Asset Allocation Fund35.8232.7117.1615.87NANA
Nippon India Asset Allocator FoF32.0410.0518.876.54NANA
Nippon India Equity Hybrid Fund32.0328.5217.1913.6114.9516.80
Bottom 3
Nippon India Hybrid Bond Fund10.2613.487.957.724.809.34
Nippon India Short Term Fund8.037.915.635.806.456.42
Nippon India Credit Risk Fund8.027.916.456.835.047.84

Note:

a. 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.

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 IDCW 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 Balanced Advantage Fund since Mar 2021, Nippon India Short Term Fund since Mar 2021,Nippon India Multi Asset Fund since Mar 2021, Nippon India Asset Allocator FoF 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 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).

Note:

##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 Date26 Jun 2014
  • Fund ManagerMr. Sushil Budhia
Current Investment Philosophy
    • The fund's core allocation of the portfolio is made into AA+ to AA rated Corporate Bonds.
    • The focus is on carry with moderate duration. The fund intends to generate alpha through spread compression and rolldown over 3 years period.
Minimum Investment
5000.00

    and in multiples of Re. 1 thereafter

Fund Manager
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:**

1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units.

Nil, thereafter.

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.

Not applicable for Segregated Portfolio

Product label

This product is suitable for investors who are seeking*:

  • Income over medium term
  • Investment predominantly in debt and money market instruments with portfolio Macaulay Duration of 3 - 4 yrs

*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) C-III


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Nippon India Credit Risk Fund An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds). Relatively High interest rate risk and Relatively High Credit Risk.-Growth Plan - Growth Option

Latest NAV

32.9888 08-Nov-2024

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