Fund Details
Nippon India Credit Risk Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.65% |
| NAV | ₹24.27 (20 Jan 2021) |
|---|---|
| Fund Started | 08 Jun 2005 |
| Fund Size | ₹1,235 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Age is more than 10 years
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Vineha Enterprises Pvt. Ltd. | Diversified | ZCB | 25.2% |
| Sanghi Industries Ltd. | Construction | NCD | 12.9% |
| Mariposa Agri Ventures And Hospitalities Pvt. Ltd. | Healthcare | NCD | 9.3% |
| Renew Wind Energy Delhi Pvt. Ltd. | Engineering | Debenture | 8.7% |
| Indian Receivable Trust | Financial | Securitised Debt | 6.8% |
| Indiabulls Housing Finance Ltd. | Financial | Securitised Debt | 5.8% |
| Mariposa Agri Ventures And Hospitalities Pvt. Ltd. | Healthcare | NCD | 4.7% |
| Indiabulls Housing Finance Ltd. | Financial | Bonds | 4.0% |
| Narmada Wind Energy Pvt. Ltd. | Energy | Debenture | 2.8% |
| Uttar Pradesh Power Corporation Ltd | Engineering | Debenture | 2.6% |
Fund Managers
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.
