Formerly Reliance Low Duration Mn DR
₹ 1019.6652
NAV (Mar 03)
Neutral
However, Scripbox does not recommend investing in low duration mutual funds.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
14 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
8,699 Cr. Large within the category
Impact of Interest Rate Changes
Low Interest Rate Risk. The impact on fund value is quite low when interest rates change
Credit Quality Of Fund's Portfolio
Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Low to Moderate Risk
1.04 %
Expense Ratio
Mar 20, 2007
Launched (14y ago)
₹ 8,699
AUM in Crores
INF204K01FA7
ISIN
No Lock-in
Lock-in
NIFTY Low Duration Debt Index TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 190,624 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 87 equity,369 debt and 34 hybrid funds.
Liquid
Recommended
Top Ranked
₹ 19,337 Cr
Fund Size
5.9%
3Y returns
Mid Cap
Recommended
Top Ranked
₹ 8,153 Cr
Fund Size
12.1%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
5.1%
3Y returns
Mid Cap
Top Ranked
₹ 8,153 Cr
Fund Size
10.8%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
3.8%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Nippon India Low Duration Fund (DR-M) is a low duration debt fund and has delivered an annualised return of 5.9% over a period of 14 years .The fund was previously known as Reliance Low Duration Mn DR.The fund is managed by Nippon Life India Asset Management Ltd.The fund managers are Amit Tripathi, Anju Chhajer, Kinjal Desai, Vivek Sharma
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. However, there is no assurance that the objective of the scheme will be realized.
The Nippon India Low Duration Fund (DR-M) fund was launched on Mar 20, 2007. The NAV (Net Asset Value) of this low duration debt as of 2021-03-03 is ₹ 1019.6652. The total AUM (Asset Under Management) of the fund as of 2021-03-03 is ₹ 8698.747. The category risk of the Nippon India Low Duration Fund (DR-M) fund is Low to Moderate Risk. The fund charges 1.04 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 66.4% in this asset class. The top three holdings of the fund are 364 dtb 07052021,5.09% govt stock 2022 and 7.94% govt stock 2021
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Low Duration Debt Index TR INR.
Nippon India Low Duration Fund (DR-M) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Low Duration Fund (DR-M) has a score of 4 out of 5. The credit risk of the fund is 3 out of 5 as compared to other debt funds.