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This Medium Duration Debt Fund SIP Offered 13.84% Returns In 2 Years
Medium Duration mutual funds select bonds/debt for investment such that the average maturity period for the portfolio is between 3 to 4 years. These funds invest in debt instruments including corporate bonds, government bonds, securitized debt, and state development loans, among other things. When the investment horizon is longer than three years, investments in medium-term funds are also eligible for indexation benefits. This Medium duration mutual mentioned below has offered good return and rated by CRISIL and Value research. Check out portfolio and SIP returns.
Nippon India Strategic Debt Fund - Direct Plan-Growth
As mentioned above, it is a medium-duration debt fund launched on 26 June 2014 by the Nippon India Mutual Fund. Its assets under management as of 28 February 2022 are Rs 234 Crore and Rs 13.3977 NAV as of 22 March 2022. The fund 14% expense ratio, which is higher than its category average returns.
It is an open-ended medium-sized fund of its category that aims to generate returns through investment in a range of debt and money market instruments. It is a high-risk fund. Investors who are seeking an alternative to bank deposits and wishing to invest for a period of one to three years opt to invest in this fund. The fund's ability to control losses in a falling market is low. Both CRISIL and Value Research have given this fund 1 Star.
Absolute And Annualised Returns
Lump-Sum Investment Returns
On 3 year Tenure, the fund has given negative returns.
| Tenure | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 18.88% | 18.88% |
| 2 Year | 23.59% | 11.14% |
| 3 Year | -12.43% | -4.32% |
| 5 Year | 0.12% | 0.02% |
| Since Inception | 33.98% | 3.85% |
SIP Returns
| SIP Returns | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 6.74% | 12.78% |
| 2 Year | 13.84% | 13.02% |
| 3 Year | 6.07% | 3.87% |
| 5 Year | 1.06% | 0.42% |
Portfolio
95.04 percent of the fund's assets are in debt, with 15.45 percent in government securities and 61.37 percent in funds that invest in very low-risk securities. The fund's credit profile is moderate, indicating that it has been loaned to high-quality borrowers. Because most funds in this category lend to stronger borrowers, the risk of default is higher in this fund than in others in the category. GOI, Rural Electrification Corpn. Ltd., National Bank For Agriculture & Rural Development, Embassy Office Parks REIT, and Reliance Jio Infratel Pvt. Ltd. are among the fund's top holdings.
Disclaimer
Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
