Rating : ★ ★ ★ ☆ ☆

Nippon India Low Duration Fund Direct Plan Quarterly Payout Inc Dist cum Cap Wdrl

Debt

  

Low Duration Fund

NAV

1012.9734 +0.318

(as on 29 Sep, 2023)

RETURNS

5.63 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0%

Asset Size

7153.94 Cr.

(As of 15 Sep, 2023)

Benchmark

NIFTY Low Duration Debt Index TR INR

Riskometer

Investors understand that their principal will be at Low to Moderate Risk.

Objective

The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

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Fund manager

Amit Tripathi

Exit load

N / A

Minimum sip

₹0

Minimum investment

₹500

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

National Bank For Agriculture And Rural Development

6.40%

ASeem Infrastructure Finance Limited

3.22%

Indinfravit TRust

3.06%

Embassy Office Parks Reit

2.90%

Sector Allocation

About the Scheme Type

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

★ ★ ★ ☆ ☆

Overview of Nippon India Mutual Fund

With Average Assets Under Management (AAUM) of Rs 2,33,628.56 Crores​​ ​(January 2019 - March 2019 QAAUM) and 90.67 lakhs folios (as on​ March 31, 2019​​), Reliance Nippon Life Asset Management Ltd is one of India's leading mutual funds. Reliance Nippon Life Asset Management Ltd is one of the fastest growing mutual funds in India, offering investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 300​ cities (as on​ March 31, 2019​​) across the country. Reliance Nippon Life Asset Management Ltd constantly endeavours to launch innovative products and customer service initiatives to increase value to investors.

Vision statement of Reliance Nippon Life Asset Management Ltd - To be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance.

Mission statement of Reliance Nippon Life Asset Management Ltd - To create and nurture a world-class, high performance environment aimed at delighting our customers.​

Main objectives of Reliance Nippon Life Asset Management Ltd are

  • To carry on the activity of a mutual fund as may be permitted by law, and formulate and devise various collective schemes of savings and investments for people in India and abroad, and also ensure liquidity of investments for the unit holders
  • To deploy funds thus raised so as to help the unit holders earn reasonable returns on their savings
  • To take such steps as may be necessary from time to time to realise the effects without any limitation