|Min SIP Amount||₹100|
|NAV||₹11.80 (22 Apr 2021)|
|Fund Started||02 Apr 2009|
|Fund Size||₹1,045 Cr|
|Piramal Enterprises Ltd.||Healthcare||CP||2.8%|
Nippon India Credit Risk Fund IDCW Quarterly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 02 Apr 2009. Prashant R.Pimple is the Current Fund Manager of Nippon India Credit Risk Fund IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹1,045 Cr and the Latest NAV as of 22 Apr 2021 is ₹11.80.
The Nippon India Credit Risk Fund IDCW Quarterly is rated Very High 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
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.