Fund Details
Nippon India Corporate Bond Fund Direct IDCW Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.24% |
| NAV | ₹11.66 (16 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹2,302 Cr |
Returns
Comparison
1. Lower expense ratio - 0.24%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 4.3% |
| LIC Housing Finance Ltd. | Financial | NCD | 2.6% |
| Mahindra & Mahindra Ltd. | Automobile | Debenture | 2.2% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Debenture | 2.2% |
| Bajaj Finance Ltd. | Financial | Debenture | 2.1% |
| LIC Housing Finance Ltd. | Financial | Bonds/NCD | 1.1% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 1.1% |
| Bajaj Finance Ltd. | Financial | Debenture | 0.9% |
| Motherson Sumi Systems Ltd. | Automobile | NCD | 0.9% |
| LIC Housing Finance Ltd. | Financial | Debenture | 0.7% |
Fund Managers
Nippon India Corporate Bond Fund Direct IDCW Monthly Details
Nippon India Corporate Bond Fund Direct IDCW 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 IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹2,302 Cr and the Latest NAV as of 16 Apr 2021 is ₹11.66.
The Nippon India Corporate Bond Fund Direct IDCW Monthly 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.
