Nippon India Low Duration Fund Direct Plan Growth Plan
Min amount: ₹100
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Moderately Low risk|
|Fund Type||Low Duration|
More about this fund
|364 DTB 07052021||7.12%|
|5.09% Govt Stock 2022||4.14%|
|7.94% Govt Stock 2021||3.42%|
|Power Finance Corporation Limited||3.23%|
|6.17% Govt Stock 2021||3.17%|
|Embassy Office Parks Reit||3.13%|
|Bajaj Housing Finance Limited||2.99%|
|India Grid Trust||2.59%|
|L&T Infrastructure Finance Company Limited||2.34%|
About NIPPON INDIA LOW DURATION FUND - Direct Plan - Growth
NIPPON INDIA LOW DURATION FUND invests about 75-80% of its portfolio in high-rated assets (mostly A1+ or AAA). This fund possesses low risk as the Macaulay duration is between 6-12 months.
Pros and Cons of NIPPON INDIA LOW DURATION FUND - Direct Plan - Growth
Investing in this fund is apt for risk-averse investors as the fund comes with low risk. It is an excellent way of gaining exposure to a well-diversified portfolio which consists of various debt and money market instruments. On the flip side, the returns offered by this fund is not comparable with that of the equity funds.
Fund Information and Statistics
i) Inception/Launch Date
NIPPON INDIA LOW DURATION FUND was launched on 20 March 2007.
ii) Risk Level
Since the Macaulay duration of the NIPPON INDIA LOW DURATION FUND is between 6 months to 12 months, the risk possessed by the fund is low. Nippon India Mutual Fund has classified NIPPON INDIA LOW DURATION FUND under ‘moderately low risk’ fund.
Since NIPPON INDIA LOW DURATION FUND is an open-ended mutual fund plan, you can place redemption requests at any time.
iv) Fund Manager
Mr Anju Chhajer and Mr Vivek Sharma are the current fund managers of NIPPON INDIA LOW DURATION FUND.
v) Entry/Exit Load
There is no entry load as per the guidelines of the Securities and Exchange Board of India (SEBI). There is no exit load as well on this mutual fund scheme.
About Nippon India Mutual Fund
Nippon India Mutual Fund is one of the pioneers of the Indian mutual fund industry. It registered with the Indian securities market regulator back in 1995 with Nippon Life India Trustee Ltd (NLITL) as its trustee and Nippon Life Insurance Company as its sponsor. The assets under management (AUM) of the Nippon fund houses stood at Rs 2.04 lakh crore as of March 2020.
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Min amount: ₹100
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns