Nippon India Credit Risk Fund Dividend+0.13%

-7.38%
1 Year Return
Debt
Credit Risk
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Credit Risk Fund Dividend

RiskModerate
Min SIP Amount₹100
Expense Ratio1.64%
NAV13.05 (29 Oct 2020)
Fund Started05 Nov 2014
Fund Size1,333 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Credit Risk Fund Dividend
-7.4%
0.1%
3.5%
5.8%
Category Average
0.0%
1.0%
3.7%
-
Rank within category
16
13
12
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -7.4% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Age is more than 10 years
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. Higher expense ratio
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark
    7. Risk-adjusted returns are lower compared to the category
    8. Higher expense ratio - 1.64%
    9. 1Y Returns are lower than the category average returns
    10. 3Y Returns are lower than the category average returns
    11. 5Y Returns are lower than the category average returns
    12. 10Y Returns are lower than the category average returns

    Top Holdings

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    Renew Wind Energy Delhi Pvt. Ltd.EngineeringDebenture8.2%
    Indiabulls Housing Finance Ltd.FinancialBonds7.9%
    Indian Receivable TrustFinancialSecuritised Debt6.8%
    Indiabulls Housing Finance Ltd.FinancialSecuritised Debt5.8%
    Mariposa Agri Ventures And Hospitalities Pvt. Ltd.HealthcareNCD4.5%
    Indiabulls Housing Finance Ltd.FinancialSecuritised Debt3.1%
    Narmada Wind Energy Pvt. Ltd.EnergyDebenture2.7%
    See All

    Fund Managers

    addPrashant R Pimple
    Education
    Mr. Pimple is a MBA (Finance) and CTM.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
    Funds Managed
    addSushil Budhia
    Education
    Mr. Budhia has done CA
    Experience
    Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
    Funds Managed

    Nippon India Credit Risk Fund Dividend Details

    Nippon India Credit Risk Fund Dividend is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 05 Nov 2014. Prashant R.Pimple is the Current Fund Manager of Nippon India Credit Risk Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,333 Cr and the Latest NAV as of 29 Oct 2020 is ₹13.05.

    The Nippon India Credit Risk Fund Dividend is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500. Exit load of 1% if units in excess of 10% are redeemed within 12 months

    Investment Objective

    The scheme aims to generate optimal returns consistent with moderate levels of risk. It will invest atleast 65 per cent of its assets in debt instruments with maturity of more than 1 year and the rest in money market instruments (including cash or call money and reverse repo) and debentures with maturity of less than 1 year. The exposure in government securities will generally not exceed 50 percent of the assets.

    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)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Exit load of 1% if units in excess of 10% are redeemed within 12 months
    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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