Nippon India Low Duration Fund Direct Plan Growth Plan - Latest NAV ₹2998.5944, Returns, Performance & Portfolio

Nippon India Low Duration Fund Direct Plan Growth Plan

  • highlight
    7.65%
  • highlight
    (--0.31)2998.5944

Min amount: ₹100

Calculate Returns

Rs. 100 invested monthly becomes Rs. 56,764 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.65%
3 Years7.5%
1 Year6.96%
6 Months2.73%
Fund Details
ISININF204K01ZU3
RiskModerately Low risk
Fund TypeLow Duration
NAV2998.5944
Exit Load--

More about this fundstar

Top HoldingsWeightage
364 DTB 070520217.12%
5.09% Govt Stock 20224.14%
7.94% Govt Stock 20213.42%
Power Finance Corporation Limited3.23%
6.17% Govt Stock 20213.17%
Embassy Office Parks Reit3.13%
Bajaj Housing Finance Limited2.99%
India Grid Trust2.59%
Indinfravit Trust2.34%
L&T Infrastructure Finance Company Limited2.34%

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.

iii) Redemption

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

Calculate Returns

Rs. 100 invested monthly becomes Rs. 56,764 in a period of 20 years
Moderately Low risk

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