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Nippon India Credit Risk Fund Growth+0.03%

-5.62%
1 Year Return
Debt
Credit Risk
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Credit Risk Fund Growth

RiskModerate
Min SIP Amount₹100
Expense Ratio1.65%
NAV₹24.27 (20 Jan 2021)
Fund Started08 Jun 2005
Fund Size1,235 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
-5.6%
0.6%
3.7%
6.2%
Category Average
0.5%
1.3%
3.8%
-
Rank Within Category
15
13
12
-
*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 -5.6% returns per annum

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

NameSectorInstrument% Assets
Vineha Enterprises Pvt. Ltd.DiversifiedZCB25.2%
Sanghi Industries Ltd.ConstructionNCD12.9%
Mariposa Agri Ventures And Hospitalities Pvt. Ltd.HealthcareNCD9.3%
Renew Wind Energy Delhi Pvt. Ltd.EngineeringDebenture8.7%
Indian Receivable TrustFinancialSecuritised Debt6.8%
Indiabulls Housing Finance Ltd.FinancialSecuritised Debt5.8%
Mariposa Agri Ventures And Hospitalities Pvt. Ltd.HealthcareNCD4.7%
Indiabulls Housing Finance Ltd.FinancialBonds4.0%
Narmada Wind Energy Pvt. Ltd.EnergyDebenture2.8%
Uttar Pradesh Power Corporation LtdEngineeringDebenture2.6%
See All

Fund Managers

Prashant R Pimple
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Sushil Budhia
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Nippon India Credit Risk Fund Growth Details

Nippon India Credit Risk Fund Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 08 Jun 2005. Prashant R.Pimple is the Current Fund Manager of Nippon India Credit Risk Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,235 Cr and the Latest NAV as of 20 Jan 2021 is ₹24.27.

The Nippon India Credit Risk Fund Growth 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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