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  • Nippon India Short Term Fund (RIDCW-M)

Formerly Nippon India Short Term DR

Nippon Mutual Fund

Nippon India Short Term Fund (RIDCW-M)

DebtShort Term
Top Ranked

19.6414

NAV (Jun 14)

8.1%
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

Rolling Returns

Good

The performance of the fund on a Rolling Returns metric has been Good

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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

NAV ()

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
NA
6 Month CAGR
NA

Scheme Information

Investment Objective

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
0.94
Launched (11y ago)
Dec 06, 2013
AUM in Crores
5511.404
ISIN
INF204KA1ER2
Lock-in
No Lock-in
Benchmark
CRISIL Short Duration Debt A-II TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1.6
Standard Deviation (5yr)
1.7
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
1.58
Sharpe Ratio (5yr)
1.868
YTM
7.73
Fund Managers

Sushil Budhia

Fund Manager

Vivek Sharma

Fund Manager

Kinjal Desai

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 (RIDCW-M)70%9,00,761 1,68,1498.5%
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 2024-06-14

Top Debt Holdings

7.17% govt stock 2030

12.8%
12.8%

7.1% govt stock 2029

10.6%
10.6%

triparty repo

5.2%
5.2%

small industries development bank of india

3%
3%

india grid trust

2.9%
2.9%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 5,001 cr

₹ 10,797 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 380,402 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
phone-img022-33031000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

6.9%

5.7%

5.8%

5.7%

6.7%

5.7%

6.7%

5.7%

5.8%

Nippon India Short Term Fund (RIDCW-M) Review

Nippon India Short Term Fund (RIDCW-M) is a Short Term Debt fund and has delivered an annualised return of 8.1% over a period of 10 years. The fund was previously known as Nippon India Short Term DR. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Kinjal Desai, Sushil Budhia, Vivek Sharma.

Nav of Nippon India Short Term Fund (RIDCW-M) as of 6/14/2024 is ₹19.64 with the total AUM as of 6/15/2024 is ₹5511.404. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Short Term Fund (RIDCW-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 (RIDCW-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 (RIDCW-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 A-II TR INR.

Nippon India Short Term Fund (RIDCW-M) is rated as a 4 fund in Debt and delivered 10.1% 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 (RIDCW-M).

Frequently Asked Questions

What is Nippon India Short Term Fund (RIDCW-M)?

Nippon India Short Term Fund (RIDCW-M) is a Short Term 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 (RIDCW-M)?

You can invest in Nippon India Short Term Fund (RIDCW-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 (RIDCW-M)?

The minimum sip amount for Nippon India Short Term Fund (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.

Is Nippon India Short Term Fund (RIDCW-M) good to invest in?

As per Scripbox experts, Nippon India Short Term Fund (RIDCW-M) is a Top Ranked fund. You can investNippon India Short Term Fund (RIDCW-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 (RIDCW-M)?

The expense ratio of the Nippon India Short Term Fund (RIDCW-M) is 0.94% for regular plan.