Nippon India Strategic Debt Fund Direct Bonus+0.05%

-24.69%
1 Year Return
Debt
Medium Duration
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Strategic Debt Fund Direct Bonus

RiskModerate
Min SIP AmountNot Supported
Expense Ratio1.50%
NAV11.08 (29 Oct 2020)
Fund Started26 Jun 2014
Fund Size318 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Strategic Debt Fund Direct Bonus
-24.7%
-8.0%
-0.9%
1.6%
Category Average
6.3%
5.9%
6.8%
-
Rank within category
16
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -24.7% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio - 1.52%
    4. 1Y Returns are lower than the category average returns
    5. 3Y Returns are lower than the category average returns
    6. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Indian Receivable TrustFinancialSecuritised Debt48.8%
    Power Finance Corpn. Ltd.FinancialNCD6.3%
    State Bank of IndiaFinancialNCD6.3%
    Indiabulls Housing Finance Ltd.FinancialBonds4.9%
    GOISovereignGOI Sec3.4%
    Bharat Sanchar Nigam LtdCommunicationNCD3.1%
    NUVOCO Vistas Corp Ltd.ConstructionDebenture1.6%
    Indiabulls Housing Finance Ltd.FinancialNCD0.1%
    JM Financial Asset Reconstruction Company LtdFinancialZCB0.1%

    Fund Managers

    addPrashant R Pimple
    Education
    Mr. Pimple is a MBA (Finance) and CTM.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
    Funds Managed
    addKinjal Desai
    Education
    Ms. Desai is MSc(Economics)
    Experience
    Associate Equity Investments at RNAM Assisting lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in Stock Selection and monitoring of overseas investments.
    Funds Managed
    addSushil Budhia
    Education
    Mr. Budhia has done CA
    Experience
    Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
    Funds Managed

    Nippon India Strategic Debt Fund Direct Bonus Details

    Nippon India Strategic Debt Fund Direct Bonus is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 26 Jun 2014. Prashant R.Pimple, Jahnvee Shah is the Current Fund Manager of Nippon India Strategic Debt Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹318 Cr and the Latest NAV as of 29 Oct 2020 is ₹11.08.

    The Nippon India Strategic Debt Fund Direct Bonus is rated Moderate risk. Minimum SIP Investment is set to 100. Exit load of 1% if redeemed within 12 months

    Investment Objective

    The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Exit load of 1% if redeemed within 12 months
    Exit Load

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    About Nippon India Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    30 Jun 1995
    Nippon India Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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