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Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Corporate Bond Fund Direct IDCW Daily

Nippon India Corporate Bond Fund Direct IDCW Daily

Debt
Corporate Bond
Moderate Risk
7.57%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Jan 2022₹17.10
Min. SIP amount₹100
Rating4
Fund size₹3,864.66Cr

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.4%7.6%7.4%8.3%
Category average4.7%8.2%7.6%NA
Rank with in category1156NA
Understand terms

Holdings (76)

NameSectorInstrumentAssets
EnergyDebenture4.6%
Summit Digitel Infrastructure Pvt. Ltd.
CommunicationDebenture3.1%
Maharashtra State
OthersSDL3.0%
FinancialDebenture2.8%
Larsen & Toubro Ltd.
ConstructionDebenture2.7%
National Bank For Agriculture & Rural Development
FinancialDebenture2.7%
EnergyNCD2.7%
FinancialDebenture2.6%
FinancialAdditional Tier 2 Bo2.6%
GOI
SovereignCGL2.5%
See All

Pros and cons

Category: Debt Corporate Bond

Pros

1Y annualised returns higher than category average by 0.13%
Higher alpha: 3.16 The fund has generated returns higher than benchmark - Groww Debt Benchmark - in the last 3Y
Exit load is zero
Lower expense ratio: 0.22%
1Y category rank: 1
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

3Y and 5Y annualised returns lower than category average

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

Fund house & investment objective

Fund house contact details

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