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Nippon India Corporate Bond Fund Direct IDCW Monthly

Debt
Corporate Bond
Moderate Risk
Payout
6.89%
3Y annualised
+0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Jul 2022₹11.63
Min. SIP amount₹100
Rating5
Fund size₹2,744.81Cr

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.9%6.9%7.0%8.0%
Category average4.7%8.2%7.6%NA
Rank with in category197NA
Understand terms

Holdings (66)

NameSectorInstrumentAssets
Hindustan Petroleum Corporation Ltd.EnergyDebenture5.3%
Summit Digitel Infrastructure Pvt. Ltd.
CommunicationDebenture4.1%
Maharashtra State
OthersSDL3.9%
Power Finance Corporation Ltd.FinancialNCD3.5%
IndInfravit TrustFinancialDebenture3.4%
State Bank of IndiaFinancialAdditional Tier 2 Bo3.4%
Indian Oil Corporation Ltd.EnergyDebenture3.1%
National Bank For Agriculture & Rural DevelopmentFinancialNCD2.7%
Shriram City Union Finance Ltd.FinancialFRN2.6%
REC Ltd.FinancialDebenture2.6%
See All

Pros and cons

Category: Debt Corporate Bond

Pros

Cons

1Y category rank: 1
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Exit load is zero
Lower expense ratio: 0.27%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.27%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Vivek Sharma
Feb 2020 - Present
View details

Education
Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).
Experience
He has been associated with Nippon India Mutual Fund since 2006.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Amc Image
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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FAQs

How to Invest in Nippon India Corporate Bond Fund Direct IDCW Monthly?

You can easily invest in Nippon India Corporate Bond Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Nippon India Corporate Bond Fund Direct IDCW Monthly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Nippon India Corporate Bond Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Nippon India Corporate Bond Fund Direct IDCW Monthly provide?

The Nippon India Corporate Bond Fund Direct IDCW Monthly has been there from 31 Dec 2012 and the average annual returns provided by this fund is 3.87% since its inception.

How much expense ratio is charged by Nippon India Corporate Bond Fund Direct IDCW Monthly?

The term Expense Ratio used for Nippon India Corporate Bond Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Nippon India Corporate Bond Fund Direct IDCW Monthly is 0.27% as of 02 Jul 2022...

What is the AUM of Nippon India Corporate Bond Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Nippon India Corporate Bond Fund Direct IDCW Monthly is ₹2,744.81Cr as of 02 Jul 2022.

How to Redeem Nippon India Corporate Bond Fund Direct IDCW Monthly?

If you want to sell your Nippon India Corporate Bond Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Nippon India Corporate Bond Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Nippon India Corporate Bond Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Nippon India Corporate Bond Fund Direct IDCW Monthly?

The NAV of Nippon India Corporate Bond Fund Direct IDCW Monthly is ₹11.63 as of 01 Jul 2022.

What is the PE and PB ratio of Nippon India Corporate Bond Fund Direct IDCW Monthly?

The PE ratio ratio of Nippon India Corporate Bond Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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