- Mutual Funds
- Nippon Mutual Fund
- Nippon India Short Term Fund (PIDCW-M)
Formerly Nippon India Short Term DP
Nippon India Short Term Fund (PIDCW-M)
₹ 18.6652
NAV (Sep 22)
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 18.6652
NAV (Sep 22)
Fund Returns
Last 1Y | 10.3% |
Last 3Y | 7.6% |
Last 5Y | 8.3% |
Last 10Y | NA |
Since Inception | 7.9% |
6 Month CAGR | 6.2% |
Scheme Information
The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.
Expense Ratio | 0.97 |
Launched (10y ago) | Dec 06, 2013 |
AUM in Crores | 6142.829 |
ISIN | INF204KA1EQ4 |
Lock-in | No Lock-in |
Benchmark | CRISIL Short Duration Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.8 |
Standard Deviation (5yr) | 1.8 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 1.574 |
Sharpe Ratio (5yr) | 1.687 |
YTM | 7.55 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Short Term Fund (PIDCW-M) | 8,96,254 | 1,63,642 | 8.3% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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.
Asset allocation and Holdings
Top Debt Holdings
7.06% govt stock 2028
8.9%7.1% govt stock 2029
4.4%india grid trust
3.4%182 Days Treasury Bill 18-01-2024
3.2%5.74% govt stock 2026
3%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
Nippon Life India Asset Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.7% | 6.8% | ||
4.7% | 5.6% | ||
4.7% | 6.6% | ||
4.7% | 6.6% | ||
4.7% | 5.6% |
Nippon India Short Term Fund (PIDCW-M) Review
Nippon India Short Term Fund (PIDCW-M) is a Short Term Debt fund and has delivered an annualised return of 7.9% over a period of 9 years. The fund was previously known as Nippon India Short Term DP. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Akshay Sharma, Kinjal Desai, Sushil Budhia, Vivek Sharma.
Nav of Nippon India Short Term Fund (PIDCW-M) as of 9/22/2023 is ₹18.67 with the total AUM as of 9/23/2023 is ₹6142.829. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Short Term Fund (PIDCW-M) was launched on Dec 06, 2013. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Nippon India Short Term Fund (PIDCW-M) 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. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Short Term Fund (PIDCW-M) 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 CRISIL Short Duration Debt TR INR.
Nippon India Short Term Fund (PIDCW-M) is rated as a 4 fund in Debt and delivered 10.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Short Term Fund (PIDCW-M).
Frequently Asked Questions
What is Nippon India Short Term Fund (PIDCW-M)?
How to invest in Nippon India Short Term Fund (PIDCW-M)?
You can invest in Nippon India Short Term Fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Nippon India Short Term Fund (PIDCW-M)?
The minimum sip amount for Nippon India Short Term Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is Nippon India Short Term Fund (PIDCW-M) good to invest in?
As per Scripbox experts, Nippon India Short Term Fund (PIDCW-M) is a Top Ranked fund. You can investNippon India Short Term Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Nippon India Short Term Fund (PIDCW-M)?
The expense ratio of the Nippon India Short Term Fund (PIDCW-M) is 0.97% for regular plan.