| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 1.02% |
| NAV | ₹25.27 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,333 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Vineha Enterprises Pvt. Ltd. | Diversified | ZCB | 23.8% |
| Sanghi Industries Ltd. | Construction | NCD | 12.3% |
| Mariposa Agri Ventures And Hospitalities Pvt. Ltd. | Healthcare | NCD | 8.8% |
| Renew Wind Energy Delhi Pvt. Ltd. | Engineering | Debenture | 8.2% |
| Indiabulls Housing Finance Ltd. | Financial | Bonds | 7.9% |
| 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 | 4.5% |
| Indiabulls Housing Finance Ltd. | Financial | Securitised Debt | 3.1% |
| Narmada Wind Energy Pvt. Ltd. | Energy | Debenture | 2.7% |
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 ₹1,333 Cr and the Latest NAV as of 23 Oct 2020 is ₹25.27.
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 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.