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  • Nippon India Mutual Fund
  • Nippon India Short-term Fund (PIDCW-I)
Nippon Mutual Fund

Nippon India Short-term Fund (PIDCW-I)

DebtShort Term
Top Ranked

20.1831

NAV (Oct 07)

5.624%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within short term mutual funds.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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Satisfactory

The performance of the fund on a Consistency of Credit Quality metric has been Satisfactory

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Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

20.1831

NAV (Oct 7)

Fund Returns

Last 1Y
8%
Last 3Y
5.6%
Last 5Y
6.4%
Last 10Y
7.2%
Since Inception
7.6%
6 Month CAGR
4%

Scheme Information

Investment Objective

The scheme seeks to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.

Expense Ratio
0.94
Launched (0y ago)
0.94
AUM in Crores
7121.8
ISIN
INF204KA1EQ4
Lock-in
-
Benchmark
CRISIL Short Duration Debt A-II Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
1.2
Beta
2.1
Sharpe Ratio
-0.2
YTM
-
Fund Managers

Sushil Budhia

Fund Manager

Vivek Sharma

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Short-term Fund (PIDCW-I)70%8,55,077 1,22,4656.4%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-05-17

Top Debt Holdings

GOI

10.9%
10.92%

GOI

8.7%
8.7%

Others

4.7%
4.65%

GOI

3.7%
3.7%

Small Industries Devp. Bank of India Ltd.

2.7%
2.68%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
edelweiss
BHARAT Bond ETF FOF - April 2032 (G)

₹ 4,523 cr

₹ 8,093 cr

₹ 10,307 cr

₹ 14,839 cr

₹ 4,610 cr

amc-img

About the AMC

Nippon India Mutual Fund

Reliance Nippon India Mutual Fund was established in 1996. It is a joint venture between India's Reliance Mutual Fund and Japan's Nippon Life Insurance Company. It is india's top asset management company with a total AUM of Rs 1.8 Lac Crore with about 91.9 lac active folios. It is the first compnay to be listed and traded on both the NSE and Bombay Stock Exchange (BSE).amc-img
Fund NameScripbox Opinion
Till Date CAGR

5.984%

6.861%

6.64%

8.892%

17.188%

20.932%

20.651%

13.585%

16.273%

8.321%

Nippon India Short-term Fund (PIDCW-I) Review

Nippon India Short-term Fund (PIDCW-I) is a Debt Debt fund and has delivered an annualised return of 7.62% over a period of NaN years. The fund is managed by Nippon India Mutual Fund. The fund managers are Sushil Budhia, Vivek Sharma.

Nav of Nippon India Short-term Fund (PIDCW-I) as of 10/7/2024 is ₹20.18 with the total AUM as of 10/8/2024 is ₹7121.8346. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Short-term Fund (PIDCW-I) was launched on . The category risk of the fund is Average.

The minimum SIP amount for Nippon India Short-term Fund (PIDCW-I) 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-I) 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 A-II Index.

It is rated as a 4 fund in Debt and delivered 8.046% 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-I).

Frequently Asked Questions

What is Nippon India Short-term Fund (PIDCW-I)?

It is a Debt Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Nippon India Short-term Fund (PIDCW-I)?

You can invest in Nippon India Short-term Fund (PIDCW-I) 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-I)?

The minimum sip amount for Nippon India Short-term Fund (PIDCW-I) is ₹1000. You can invest in multiples of ₹5000.

Is Nippon India Short-term Fund (PIDCW-I) good to invest in?

As per Scripbox experts, it is a 4 fund. You can invest in it 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-I)?

The expense ratio of the Nippon India Short-term Fund (PIDCW-I) is 0.94% for regular plan.

What is the NAV of Nippon India Short-term Fund (PIDCW-I)?

Today's Nippon India Short-term Fund (PIDCW-I) NAV is ₹20.18.