Nippon India Low Duration Fund

Details as on November 30, 2021

Low Duration Fund
Type of Scheme

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.

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.

Date of Allotment

March 20, 2007

Fund Manager

Anju Chhajer
Vivek Sharma

Benchmark

NIFTY Low Duration Debt Index

Fund Size
Monthly Average : ₹ 9,403.43 Cr
Month End : ₹ 9,433.49 Cr

NAV as on November 30, 2021
Growth Plan₹3,007.7392
IDCW Plan₹1,649.7847
Daily IDCW Plan₹1,008.9709
Weekly IDCW Plan₹1,008.8390
Monthly IDCW Plan₹1,020.9179
Quarterly IDCW Plan₹1,017.4115
Bonus Option₹1,746.3138
Direct - Growth Plan₹3,121.3912
Direct - IDCW Plan₹1,701.4307
Direct - Daily IDCW Plan₹1,009.0611
Direct - Weekly IDCW Plan₹1,008.9644
Direct - Monthly IDCW Plan₹1,027.6976
Direct - Quarterly IDCW Plan₹1,018.9836
Direct - Bonus Option₹1,813.2050
Retail - Growth Plan₹2,869.7293
Retail - Daily IDCW Plan₹1,008.9716
Retail - Weekly IDCW Plan₹1,009.0176
Retail - Monthly IDCW Plan₹1,022.9709
Retail - Quarterly IDCW Plan₹1,017.3471
Retail - Bonus Option₹2,138.4905

Load structure
Entry Load: Nil
Exit Load:Nil


Average Maturity
Average Maturity 295 Days
Modified Duration
Modified Duration 262 Days
Yield to Maturity
Yield to Maturity4.63%
Macaulay Duration
Macaulay Duration273 Days

Total Expense Ratio^
Regular/Other than Direct1.02%
Direct0.33%

Company/IssuerRating% of Assets
Certificate of Deposit 10.21
Axis Bank Limited ICRA A1+ /CRISIL A1+ 7.21
HDFC Bank Limited CARE A1+ 2.49
ICICI Bank Limited ICRA A1+ 0.51
Commercial Paper 7.37
ICICI Securities Limited CRISIL A1+ 2.40
Sikka Ports and Terminals Limited (Mukesh Ambani Group) CRISIL A1+ 1.55
Export Import Bank of India CRISIL A1+ 1.06
Kotak Securities Limited ICRA A1+ 1.05
Reliance Industries Limited CARE A1+ 0.53
Jamnagar Utilities & Power Private Limited (Mukesh Ambani Group) CRISIL A1+ 0.52
Axis Finance Limited CRISIL A1+ 0.26
Corporate Bond 43.24
National Bank For Agriculture and Rural Development CRISIL AAA/ICRA AAA 6.86
IndInfravit Trust CRISIL AAA 5.24
Bajaj Housing Finance Limited CRISIL AAA 3.77
Housing Development Finance Corporation Limited CRISIL AAA 2.45
Kotak Mahindra Prime Limited CRISIL AAA 2.12
Muthoot Finance Limited CRISIL AA+ 2.11
Piramal Capital & Housing Finance Limited ICRA AA/CARE AA 1.91
L&T Finance Limited CRISIL AAA/ICRA AAA 1.72
REC Limited CRISIL AAA 1.62
Power Finance Corporation Limited CRISIL AAA 1.55
U.P. Power Corporation Limited FITCH AA(CE) 1.54
Embassy Office Parks REIT (Blackstone group(Exposure to the NCDs issued by REIT)) CRISIL AAA 1.50
State Bank of India Basel III CRISIL AAA 1.40
India Grid Trust InvIT Fund CRISIL AAA 1.36
Nabha Power Limited (Guaranttee by L&T) ICRA AAA(CE) 1.33
Shriram Transport Finance Company Limited CRISIL AA+ 1.12
NIIF Infrastructure Finance Limited ICRA AAA 1.06
ONGC Petro Additions Limited ICRA AA/ICRA AAA(CE) 0.99
Manappuram Finance Limited CRISIL AA/CARE AA 0.97
Bajaj Finance Limited CRISIL AAA 0.54
Tata Capital Limited CRISIL AAA 0.54
Sundaram Finance Limited CRISIL AAA 0.53
India Infradebt Limited CRISIL AAA 0.48
HDB Financial Services Limited CRISIL AAA 0.27
LIC Housing Finance Limited CARE AAA 0.27
Floating Rate Note 1.06
Shriram Transport Finance Company Limited FITCH AA+ 1.06
Government Bond 9.04
Government of India SOV 9.04
State Government Bond 5.36
State Government Securities SOV 5.36
Treasury Bill 6.67
Government of India SOV 6.67
Zero Coupon Bond 1.34
Tata Capital Financial Services Limited ICRA AAA 1.34
PTC 0.78
Mobil Trust Series- 19 CRISIL AAA(SO) 0.55
Mobil Trust Series- 14 FITCH AAA(SO) 0.22
Cash & Other Receivables 14.93
Grand Total 100.00





Record DateRate (₹/ Unit) Cum IDCW NAV Ex-IDCW NAV
IDCW Plan
19-Sep-14 57.8673 1078.3435 1004.0853
Direct - IDCW Plan
19-Sep-14 61.1289 1082.6239 1004.1802
Monthly IDCW Plan
22-Nov-21 2.7950 1023.1682 1020.3732
20-Oct-21 2.4684 1022.7265 1020.2581
20-Sep-21 2.6901 1022.8558 1020.1657
Retail - Monthly IDCW Plan
22-Nov-21 2.7259 1025.1701 1022.4442
20-Oct-21 2.4049 1024.7360 1022.3311
20-Sep-21 2.6274 1024.8682 1022.2408
Direct - Monthly IDCW Plan
22-Nov-21 3.4364 1030.4494 1027.0130
20-Oct-21 3.0485 1029.9261 1026.8776
20-Sep-21 3.2521 1030.0172 1026.7651
Quarterly IDCW Plan
20-Sep-21 12.0983 1023.5331 1011.4348
21-Jun-21 16.3413 1028.6329 1012.2916
19-Mar-21 6.8237 1020.7219 1013.8982
Retail - Quarterly IDCW Plan
20-Sep-21 11.8956 1023.4250 1011.5294
21-Jun-21 16.1354 1028.5219 1012.3865
19-Mar-21 6.6225 1020.6159 1013.9934
Direct - Quarterly IDCW Plan
20-Sep-21 13.8619 1025.5240 1011.6621
21-Jun-21 18.1344 1030.6515 1012.5171
19-Mar-21 8.5970 1022.7198 1014.1228
Bonus Option
26-02-2014 17:2
29-10-2012 3:1

Past performance may or may not be sustained in future. Pursuant to IDCW payment, NAV falls to the extent of payout & statutory levy (if applicable). Face Value-₹ 1000.



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

Fund Riskometer
Nippon India Low Duration Fund



Benchmark Riskometer
Nifty Low Duration Debt Index

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



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