Nippon India Prime Debt Fund Growth+0.01%

3
8.71%
1 Year Return
Debt
Corporate Bond
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Prime Debt Fund Growth

RiskModerate
Min SIP Amount₹100
Expense Ratio0.74%
NAV43.97 (24 Sep 2020)
Fund Started14 Sep 2000
Fund Size441 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Prime Debt Fund Growth
8.7%
7.6%
7.9%
7.7%
Category Average
9.3%
7.1%
7.7%
-
Rank within category
17
10
9
-
*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 8.7% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Indiabulls Housing Finance Ltd.FinancialSecuritised Debt12.4%
    IndInfravit TrustFinancialNCD11.5%
    Shriram City Union Finance Ltd.FinancialDebenture11.3%
    Indian Receivable TrustFinancialZCB8.6%
    Embassy Office Parks REITConstructionNCD7.9%
    REC Ltd.FinancialNCD6.0%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture5.9%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture5.9%
    India Infradebt Ltd.ConstructionNCD5.8%
    Reliance Jio Infocomm Ltd.CommunicationDebenture5.7%
    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 Growth Details

    Nippon India Prime Debt Fund Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 14 Sep 2000. Amit Tripathi, Anju Chajjer is the Current Fund Manager of Nippon India Prime Debt Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹441 Cr and the Latest NAV as of 24 Sep 2020 is ₹43.97.

    The Nippon India Prime Debt Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 1000.

    Investment Objective

    The scheme seeks to generate income through investments predominantly in debt 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)

    ₹1000
    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
    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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