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Nippon India Low Duration Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (20-Dec-24)
₹3798.860.01%1D
Returns (Since Inception)
7.66%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹9,004 Cr
Expense Ratio
0.38%
ISIN
INF204K01ZU3
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Nippon India Low Duration Fund Direct Growth is a Low Duration mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 11 months and 21 days, having been launched on 01-Jan-13.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹3798.86, Assets Under Management (AUM) of 9003.76 Crores, and an expense ratio of 0.38%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹3798.86, Assets Under Management (AUM) of 9003.76 Crores, and an expense ratio of 0.38%.
- Nippon India Low Duration Fund Direct Growth has given a CAGR return of 7.66% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 60.57% in debts, and 39.26% in cash & cash equivalents.
- You can start investing in Nippon India Low Duration Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.98%
+7.19% (Cat Avg.)
3 Years
+6.70%
+6.06% (Cat Avg.)
5 Years
+6.60%
+5.96% (Cat Avg.)
10 Years
+7.28%
+5.75% (Cat Avg.)
Since Inception
+7.66%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2024
| Debt | ₹5,453.28 Cr | 60.57% |
| Others | ₹3,550.49 Cr | 39.43% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Triparty Repo | Cash - Repurchase Agreement | ₹337.58 Cr | 3.60% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹245.86 Cr | 2.62% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹244.8 Cr | 2.61% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹226.01 Cr | 2.41% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹197.21 Cr | 2.11% |
| Net Current Assets | Cash | ₹190 Cr | 2.03% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹186.16 Cr | 1.99% |
| Indinfravit Trust | Bond - Corporate Bond | ₹174.17 Cr | 1.86% |
| Canara Bank | Cash - CD/Time Deposit | ₹171.8 Cr | 1.83% |
| Highways Infrastructure Trust | Bond - Corporate Bond | ₹171.53 Cr | 1.83% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹165.44 Cr | 1.77% |
| NAOMI 05 2024 | Bond - Asset Backed | ₹163.49 Cr | 1.75% |
| Bharti Telecom Limited 8.65% | Bond - Corporate Bond | ₹160.87 Cr | 1.72% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹159.97 Cr | 1.71% |
| Union Bank of India | Cash - CD/Time Deposit | ₹156.89 Cr | 1.67% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹155.94 Cr | 1.66% |
| India Grid Trust | Bond - Corporate Bond | ₹150.98 Cr | 1.61% |
| Hinduja Leyland Finance Limited | Bond - Corporate Bond | ₹150.26 Cr | 1.60% |
| 182 DTB 13032025 | Bond - Gov't/Treasury | ₹142.81 Cr | 1.52% |
| INDIA UNIVERSAL TRUST AL2 | Bond - Asset Backed | ₹142.22 Cr | 1.52% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹139.09 Cr | 1.48% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹126.41 Cr | 1.35% |
| Canara Bank | Cash - CD/Time Deposit | ₹123.03 Cr | 1.31% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹119.95 Cr | 1.28% |
| 08.67 MH Sdl 2026 | Bond - Gov't/Treasury | ₹112.23 Cr | 1.20% |
| 182 DTB 05062025 | Bond - Gov't/Treasury | ₹106.71 Cr | 1.14% |
| Embassy Office Parks REIT 8.17% | Bond - Corporate Bond | ₹100.25 Cr | 1.07% |
| Shriram Housing Finance Limited | Bond - Corporate Bond | ₹100.21 Cr | 1.07% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹100.12 Cr | 1.07% |
| Smfg India Home Finance Company Limited | Bond - Corporate Bond | ₹100.06 Cr | 1.07% |
| Titan Company Limited | Bond - Corporate Bond | ₹100.01 Cr | 1.07% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹99.94 Cr | 1.07% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹98.88 Cr | 1.06% |
| Canara Bank | Cash - CD/Time Deposit | ₹98.55 Cr | 1.05% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹98.3 Cr | 1.05% |
| Canara Bank | Bond - Gov't Agency Debt | ₹98.04 Cr | 1.05% |
| 182 DTB 12062025 | Bond - Gov't/Treasury | ₹96.89 Cr | 1.03% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹96.65 Cr | 1.03% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹95.77 Cr | 1.02% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹95.37 Cr | 1.02% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹95.29 Cr | 1.02% |
| 08.36 MH Sdl 2026 | Bond - Gov't/Treasury | ₹91.42 Cr | 0.98% |
| Piramal Capital & Housing Finance Ltd | Bond - Corporate Bond | ₹79.99 Cr | 0.85% |
| DHRUVA XXIII | Bond - Asset Backed | ₹77.03 Cr | 0.82% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹75.71 Cr | 0.81% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹75.56 Cr | 0.81% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹75.3 Cr | 0.80% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹75.28 Cr | 0.80% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹75.15 Cr | 0.80% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹75.12 Cr | 0.80% |
| Fullerton India Credit Company Ltd | Bond - Corporate Bond | ₹75.05 Cr | 0.80% |
| INDIA UNIVERSAL TRUST AL2 | Bond - Asset Backed | ₹75.04 Cr | 0.80% |
| Small Industries Development Bank of India 7.44% | Bond - Corporate Bond | ₹74.96 Cr | 0.80% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹74.85 Cr | 0.80% |
| Canara Bank | Cash - CD/Time Deposit | ₹73.83 Cr | 0.79% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹73.64 Cr | 0.79% |
| Canara Bank | Cash - CD/Time Deposit | ₹71.15 Cr | 0.76% |
| NAOMI 05 2024 | Bond - Asset Backed | ₹70.7 Cr | 0.75% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹65.11 Cr | 0.69% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹64.19 Cr | 0.69% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹60.06 Cr | 0.64% |
| 364 DTB | Bond - Gov't/Treasury | ₹59.67 Cr | 0.64% |
| 07.79 Ts SDL 2027 | Bond - Gov't/Treasury | ₹55.98 Cr | 0.60% |
| 08.00 OIL SPL 2026 | Bond - Gov't Agency Debt | ₹55.7 Cr | 0.59% |
| 08.31 RJ Sdl 2027 | Bond - Gov't/Treasury | ₹51.48 Cr | 0.55% |
| 07.69 HR Sdl 2027 | Bond - Gov't/Treasury | ₹50.91 Cr | 0.54% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.28 Cr | 0.54% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.17 Cr | 0.54% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.14 Cr | 0.54% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹50.14 Cr | 0.54% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹50.1 Cr | 0.53% |
| Ncd Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.09 Cr | 0.53% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹49.91 Cr | 0.53% |
| HDFC Bank Ltd. | Cash - CD/Time Deposit | ₹49.89 Cr | 0.53% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹49.88 Cr | 0.53% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.88 Cr | 0.53% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.87 Cr | 0.53% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.52 Cr | 0.53% |
| Renew Solar Energy (Jharkhand Five) Private Limited | Bond - Corporate Bond | ₹49.4 Cr | 0.53% |
| 182 DTB 27022025 | Bond - Gov't/Treasury | ₹49.36 Cr | 0.53% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹49.35 Cr | 0.53% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.34 Cr | 0.53% |
| Bank of Baroda | Cash - CD/Time Deposit | ₹49.3 Cr | 0.53% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹49.25 Cr | 0.53% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49.22 Cr | 0.53% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹47.37 Cr | 0.51% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.07 Cr | 0.50% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹45.39 Cr | 0.48% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹45.27 Cr | 0.48% |
| 07.38 Ts SDL 2027 | Bond - Gov't/Treasury | ₹40.44 Cr | 0.43% |
| 07.17 Up SDL 2027 | Bond - Gov't/Treasury | ₹40.22 Cr | 0.43% |
| Manappuram Finance Limited | Bond - Corporate Bond | ₹37.97 Cr | 0.41% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹37.39 Cr | 0.40% |
| Bahadur Chand Investments Private Limited 9.25% | Bond - Corporate Bond | ₹37.3 Cr | 0.40% |
| SANSAR TRUST SEP 2023 IX | Bond - Asset Backed | ₹35.26 Cr | 0.38% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹35.18 Cr | 0.38% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹35.13 Cr | 0.37% |
| 07.80 JH Sdl 2027 | Bond - Gov't/Treasury | ₹25.44 Cr | 0.27% |
| 07.46 MP Sdl 2027 | Bond - Gov't/Treasury | ₹25.34 Cr | 0.27% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹25.1 Cr | 0.27% |
| Motherson Sumi Systems Limited | Bond - Corporate Bond | ₹25.07 Cr | 0.27% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.01 Cr | 0.27% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.27% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.98 Cr | 0.27% |
| India Grid TRust | Bond - Corporate Bond | ₹24.62 Cr | 0.26% |
| 07.80 HR Sdl 2027 | Bond - Gov't/Treasury | ₹21.03 Cr | 0.22% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹16.28 Cr | 0.17% |
| 07.60 MP Sdl 2027 | Bond - Gov't/Treasury | ₹16.22 Cr | 0.17% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹9.98 Cr | 0.11% |
| SANSAR TRUST DEC 2022 | Bond - Asset Backed | ₹8.81 Cr | 0.09% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.05% |
| Goi 12.04.2025 Gov | Bond - Gov't/Treasury | ₹4.96 Cr | 0.05% |
| Goi 12.10.2025 Gov | Bond - Gov't/Treasury | ₹3.2 Cr | 0.03% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹2.97 Cr | 0.03% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹1.08 Cr | 0.01% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹1 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (30/03/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.24 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (15/12/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.2 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (03/12/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.18 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (06/08/2027) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.13 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (25/09/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.12 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (01/04/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.1 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (12/07/2027) (Fv 5000 Lacs) | Interest Rate Swap | ₹-0.08 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (17/03/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.05 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (06/08/2026) (Fv 10000 Lacs) | Interest Rate Swap | ₹-0.04 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (01/01/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.04 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (20/02/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.03 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (21/02/2025) (Fv 10000 Lacs) | Interest Rate Swap | ₹0.03 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (27/01/2025) (Fv 20000 Lacs) | Interest Rate Swap | ₹0.03 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (03/02/2025) (Fv 15000 Lacs) | Interest Rate Swap | ₹0.03 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (19/05/2025) (Fv 15000 Lacs) | Interest Rate Swap | ₹-0.03 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (30/01/2025) (Fv 12500 Lacs) | Interest Rate Swap | ₹0.02 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating (30/01/2025) (Fv 5000 Lacs) | Interest Rate Swap | ₹0.01 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹4,444.28 Cr | 47.44% |
| Cash - CD/Time Deposit | ₹2,433.71 Cr | 25.98% |
| Bond - Gov't/Treasury | ₹994.31 Cr | 10.61% |
| Bond - Asset Backed | ₹698.95 Cr | 7.46% |
| Cash - Repurchase Agreement | ₹338.66 Cr | 3.61% |
| Cash | ₹190 Cr | 2.03% |
| Bond - Gov't Agency Debt | ₹153.74 Cr | 1.64% |
| Cash - Commercial Paper | ₹98.88 Cr | 1.06% |
| Mutual Fund - Open End | ₹16.28 Cr | 0.17% |
| Interest Rate Swap | ₹-0.07 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
0.59%
Cat. avg.
0.74%
Lower the better
Sharpe Ratio
This fund
0.93
Cat. avg.
-0.31
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.14
Higher the better
Fund Managers
Vivek Sharma
Since February 2020
KD
Kinjal Desai
Since May 2018
Additional Scheme Detailsas of 15th December 2024
ISIN INF204K01ZU3 | Expense Ratio 0.38% | Exit Load No Charges | Fund Size ₹9,004 Cr | Age 11 years 11 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark CRISIL Low Duration Debt A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹572.72 Cr | 8.0% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹572.72 Cr | 7.2% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2460.46 Cr | 7.4% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹12490.29 Cr | 7.4% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1163.73 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹18344.37 Cr | 7.4% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5621.81 Cr | 7.3% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹982.80 Cr | 7.3% |
| ICICI Prudential Savings Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹23231.75 Cr | 8.0% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹440.68 Cr | 7.3% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,71,991 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of Nippon India Low Duration Fund Direct Growth?
The NAV of Nippon India Low Duration Fund Direct Growth, as of 20-Dec-2024, is ₹3798.86.
What are the returns of Nippon India Low Duration Fund Direct Growth?
The fund has generated 7.98% over the last 1 year and 6.70% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Low Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 60.57% in bonds, and 39.26% in cash and cash equivalents.
Who manages the Nippon India Low Duration Fund Direct Growth?
The fund managers responsible for Nippon India Low Duration Fund Direct Growth are:-
- Vivek Sharma
- Kinjal Desai
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.