|Min SIP Amount||₹100|
|NAV||₹11.60 (15 Jan 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹2,355 Cr|
|State Bank of India||Financial||NCD||6.0%|
|Housing Development Finance Corpn. Ltd.-Warrant||Financial||Debenture||4.4%|
|Embassy Office Parks REIT||Construction||NCD||3.9%|
|Indian Railway Finance Corpn. Ltd.||Financial||Bonds/NCD||3.6%|
|Jamnagar Utilities and Power Pvt. Ltd.||Engineering||Debenture||3.2%|
|Mahindra & Mahindra Ltd.||Automobile||Debenture||3.1%|
|National Thermal Power Corp. Ltd.||Energy||Bonds||3.0%|
Nippon India Corporate Bond Fund Direct Dividend monthly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Amit Tripathi, Anju Chajjer is the Current Fund Manager of Nippon India Corporate Bond Fund Direct Dividend monthly fund.The fund currently has an Asset Under Management(AUM) of ₹2,355 Cr and the Latest NAV as of 15 Jan 2021 is ₹11.60.
The Nippon India Corporate Bond Fund Direct Dividend monthly is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.