Nippon India Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Credit Risk Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹6,067 Cr and the Latest NAV as of 11 Dec 2019 is ₹27.10.
The Nippon India Credit Risk Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed within 12 months