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​​​​​​​​​​ ​​​​​Home Funds and Performance NipponIndia-Short-Term​-Fund.​ ​​​​​​​

Nippon India Short Term Fund (Formerly Reliance Short Term Fund)

An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 to 3 years. (Please refer to the page number 14 of the Scheme Information Document on which the concept of Macaulay’s Duration has been explained)

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This product is suitable for investors who are seeking*:

  • Income over short term.
  • Investment in debt & money market instruments with portfolio Macaulay Duration between 1 - 3 years

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

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  • Investment Objective:
    The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.

Fund PerformanceGrowth Plan Growth Option

  • Latest NAV (20 Nov 2019)36.9276


NAV as on Oct 31, 2019: ` 36.7453

Performance of Nippon India Short Term Fund as on 31/10/2019
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Nippon India Short Term Fund - Growth10.66
6.967.898.02
B: Crisil Short Term Bond Fund Index11.087.658.347.26
AB: Crisil 1 Yr T-Bill Index14.736.278.406.24
Value of `10000 Invested
Nippon India Short Term Fund - Growth 11,066 12,243 14,623 36,745
B: Crisil Short Term Bond Fund Index 11,108 12,483 14,931 32,662
AB: Crisil 1 Yr T-Bill Index 11,473 12,009 14,968 27,778
Inception Date: Dec 18, 2002
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager: Prashant Pimple (Since Oct 2014)

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER:Prashant Pimple

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Nivesh Lakshya Fund20.1214.97N.A.N.A.N.A.N.A.
Nippon India Gilt Securities Fund15.7013.548.526.9510.178.88
Nippon India ETF Long Term Gilt*15.4315.047.117.13N.A.N.A.
Bottom 3
Nippon India Dynamic Bond Fund11.7012.745.987.197.978.80
Nippon India Credit Risk Fund3.7210.775.398.027.078.92
Nippon India Strategic Debt Fund -0.8510.203.417.596.239.17

Note:

a.Mr. Prashant Pimple manages 8 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) .

*The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.

Mr. Prashant Pimple has been managing Nippon India Dynamic Bond Fund since Oct 2008, Nippon India Income Fund since Oct 2008, Nippon India Gilt Securities Fund since Oct 2008, Nippon India Short Term Fund since Oct 2008, Nippon India Classic Bond Fund Option since Aug 2010, Nippon India Credit Risk Fund since Jun 2014, Nippon India ETF Long Term Gilt since Jul 2016,Nippon India Nivesh Lakshya Fund since July 2018.

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other Investment. Dividends (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of dividend option would be Net of Dividend distribution tax, if any. Face value of scheme is `10/- per unit. Face Value of Nippon India Low Duration Fund is `1000/- per unit. Face Value of Nippon India Money Market Fund, Nippon India Liquid Fund, Nippon India Ultra Short Duration Fund is `1000/- per unit w.e.f 5th Aug 2012. Face value of Nippon India ETF Junior BeES is `1.25/- per unit. Face value of Nippon India ETF Liquid BeES is `1000/- per unit. Face value of Nippon India ETF Gold BeES is `100/- per unit. Face value of Nippon India Overnight Fund is `100/- per unit. In case, the start/end date of the concerned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns. Schemes which have not completed one year, performance details for the same are not provided. Performance details of closed ended schemes are not provided since these are not comparable with other schemes.Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) .






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Fund Details

  • Inception Date18 Dec 2002
  • Fund ManagerMr. Prashant Pimple
Current Investment Philosophy
    • Duration will be maintained between 1.5 - 2.5 years.
    • Fund will have allocation to G-Secs/ SDLs/ High grade bonds primarily in the 1 - 5 years duration bucket.
    • The fund will tactically use G-Secs/SDLs to generate alpha.
    • Strategy is to enhance returns through asset allocation and shape of the curve.
Minimum Investment
500.00

    and in multiples of Re.1 thereafter wef. 29/08/2019

Fund Manager
Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load:**

NIL

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • Income over short term.
  • Investment in debt & money market instruments with portfolio Macaulay Duration between 1 - 3 years

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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Details as on Oct 31 , 2019

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