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Nippon India Corporate Bond Fund Dividend Daily+0.05%

8.86%
1 Year Return
Debt
Corporate Bond
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Corporate Bond Fund Dividend Daily

RiskModerate
Min SIP Amount₹100
Expense Ratio0.70%
NAV₹17.04 (20 Jan 2021)
Fund Started23 Jul 2008
Fund Size2,355 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
8.9%
7.9%
7.9%
7.8%
Category Average
9.2%
7.8%
7.8%
-
Rank Within Category
13
10
8
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 8.9% returns per annum

Comparison

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

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec8.9%
State Bank of IndiaFinancialNCD6.0%
Housing Development Finance Corpn. Ltd.-WarrantFinancialDebenture4.4%
Embassy Office Parks REITConstructionNCD3.9%
Indian Railway Finance Corpn. Ltd.FinancialBonds/NCD3.6%
Jamnagar Utilities and Power Pvt. Ltd.EngineeringDebenture3.2%
Mahindra & Mahindra Ltd.AutomobileDebenture3.1%
National Thermal Power Corp. Ltd.EnergyBonds3.0%
IndInfravit TrustFinancialNCD3.0%
REC Ltd.FinancialNCD3.0%
See All

Fund Managers

Amit Tripathi
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Anju Chhajer
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Vivek Sharma
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Nippon India Corporate Bond Fund Dividend Daily Details

Nippon India Corporate Bond Fund Dividend Daily is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 23 Jul 2008. Amit Tripathi, Anju Chajjer is the Current Fund Manager of Nippon India Corporate Bond Fund Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹2,355 Cr and the Latest NAV as of 20 Jan 2021 is ₹17.04.

The Nippon India Corporate Bond Fund Dividend Daily is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to generate income through investments predominantly in debt instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.

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)

₹5000
Min for First Investment
₹1000
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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