| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.94% |
| NAV | ₹24.52 (03 Jul 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,856 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Vineha Enterprises Pvt. Ltd. | Diversified | ZCB | 16.3% |
| Renew Wind Energy Delhi Pvt. Ltd. | Engineering | Debenture | 10.0% |
| Sanghi Industries Ltd. | Construction | NCD | 8.9% |
| Narmada Wind Energy Pvt. Ltd. | Energy | Debenture | 6.2% |
| Indiabulls Housing Finance Ltd. | Financial | Bonds | 6.2% |
| Mariposa Agri Ventures And Hospitalities Pvt. Ltd. | Healthcare | NCD | 6.0% |
| Indian Receivable Trust | Financial | Securitised Debt | 5.2% |
| Indiabulls Housing Finance Ltd. | Financial | Securitised Debt | 4.3% |
| Indiabulls Housing Finance Ltd. | Financial | Securitised Debt | 3.6% |
| Piramal Enterprises Ltd. | Healthcare | NCD | 3.5% |
Nippon India Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Credit Risk Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,856 Cr and the Latest NAV as of 03 Jul 2020 is ₹24.52.
The Nippon India Credit Risk Fund Direct 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
The primary investment objective of this plan is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.