Nippon India Prime Debt Fund Direct Dividend daily-0.01%

3
9.77%
1 Year Return
Debt
Corporate Bond
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Prime Debt Fund Direct Dividend daily

RiskModerate
Min SIP Amount₹100
Expense Ratio0.34%
NAV17.09 (14 Jul 2020)
Fund Started01 Jan 2013
Fund Size458 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Prime Debt Fund Direct Dividend daily
9.8%
8.0%
8.4%
8.7%
Category Average
10.4%
7.1%
7.8%
-
Rank within category
18
10
10
-
*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 9.8% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Lower expense ratio - 0.34%
    3. 3Y Returns are higher than the category average returns
    4. 5Y Returns are higher than the category average returns
    5. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. 1Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Piramal Enterprises Ltd.HealthcareCP16.1%
    Indiabulls Housing Finance Ltd.FinancialSecuritised Debt12.1%
    IndInfravit TrustFinancialNCD10.9%
    Shriram City Union Finance Ltd.FinancialDebenture10.7%
    Indian Receivable TrustFinancialZCB8.7%
    Panchshil Corporate Park Pvt. Ltd.TechnologyDebenture8.2%
    Embassy Office Parks REITConstructionNCD7.1%
    Uttar Pradesh Power Corporation LtdEngineeringDebenture6.8%
    REC Ltd.FinancialNCD5.6%
    India Infradebt Ltd.ConstructionNCD5.4%
    See All

    Fund Managers

    addAmit Tripathi
    Education
    Mr. Tripathi is a B.Com (H) and PGDM.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with New India Assurance Co. Ltd, Sun Invest Associates Ltd and CFS Financial Services Pvt. Ltd.
    Funds Managed
    addAnju Chhajer
    Education
    Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
    Funds Managed
    addVivek Sharma
    Education
    Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
    Experience
    He has been associated with Reliance AMC since 2006.
    Funds Managed

    Nippon India Prime Debt Fund Direct Dividend daily Details

    Nippon India Prime Debt Fund Direct Dividend daily is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amit Tripathi, Anju Chajjer is the Current Fund Manager of Nippon India Prime Debt Fund Direct Dividend daily fund.The fund currently has an Asset Under Management(AUM) of ₹458 Cr and the Latest NAV as of 14 Jul 2020 is ₹17.09.

    The Nippon India Prime Debt Fund Direct Dividend daily is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The primary investment objective of the Scheme is to generate regular income in order to make regular dividend payments to unit-holders and the secondary objective is growth of capital.

    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)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    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
    Reliance 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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