Nippon India Short Term Fund Dividend Monthly+0.09%

9.37%
1 Year Return
Debt
Short Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Short Term Fund Dividend Monthly

RiskModerately Low
Min SIP Amount₹100
Expense Ratio1.24%
NAV11.46 (23 Oct 2020)
Fund Started18 Dec 2002
Fund Size8,637 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Short Term Fund Dividend Monthly
9.4%
7.7%
7.9%
8.1%
Category Average
8.9%
6.3%
7.0%
-
Rank within category
17
13
11
-
*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 9.4% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. 1Y Returns are higher than the benchmark
    3. Exit load is zero
    4. Age is more than 10 years
    5. 1Y Returns are higher than the category average returns
    6. 3Y Returns are higher than the category average returns
    7. 5Y Returns are higher than the category average returns
    8. 10Y Returns are higher than the category average returns
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec9.9%
    GOISovereignGOI Sec7.8%
    GOISovereignCGL3.7%
    Housing Development Finance Corpn. Ltd.FinancialNCD2.9%
    India Infradebt Ltd.ConstructionNCD2.6%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture2.5%
    India Grid TrustEngineeringNCD2.5%
    REC Ltd.FinancialNCD2.1%
    REC Ltd.FinancialDebenture2.1%
    Manappuram Finance Ltd.FinancialNCD2.0%
    See All

    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
    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 Short Term Fund Dividend Monthly Details

    Nippon India Short Term Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 18 Dec 2002. Prashant R.Pimple is the Current Fund Manager of Nippon India Short Term Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹8,637 Cr and the Latest NAV as of 23 Oct 2020 is ₹11.46.

    The Nippon India Short Term Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.

    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.

    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)

    ₹500
    Min for First Investment
    ₹500
    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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