Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan
Debt
Direct
Corporate Bond
NAV: ₹ 11.7 as on 27-09-2023
Fund Performance
About the Fund
Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Vivek Sharma. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan has ₹2455 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan Overview
 | 0.34% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹2455 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 135.24% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
50.2%
Government
41.6%
Cash Equivalent
8.2%
Top Holdings of Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan as on (31-Aug-23)
Debt Holdings55
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.26% Govt Stock 2033 | 7.16% | 0% | |
Export Import Bank Of India | 6.05% | 0% | |
National Bank For Agriculture And Rural Development | 5.28% | 5% | |
Tata Capital Housing Finance Limited | 3.94% | 0% | |
7.38% Govt Stock 2027 | 3.69% | 0% |
See all
Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.5K Cr as of Aug'23
- AUM increased by 80 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan Fund Manager
Kinjal Desai
Fund Manager of Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan, since 25 May 2018
Top funds managed
Vivek Sharma
Fund Manager of Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan, since 1 February 2020
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.32% since inception which is more than its category average return of 5.43%
AUM size ₹2455 Cr
This fund has AUM of ₹2455 Cr which is less than its category average of ₹ 5713 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.58%
Frequently Asked Questions
The current NAV of Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan is ₹11.66 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 4.06% | 4.06% |
1 Year Returns | 7.9% | 7.9% |
3 Years Returns | 19.37% | 6.08% |
5 Years Returns | 37.91% | 6.64% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.34% as on August 2023
₹2455 Cr as on August 2023
7.26% Govt Stock 2033(7.16%), Export Import Bank Of India(6.05%), National Bank For Agriculture And Rural Development(5.28%), Tata Capital Housing Finance Limited(3.94%), 7.38% Govt Stock 2027(3.69%) as on August 2023
Corporate(48.32%), Government(45.21%), Cash Equivalent(6.47%) as on August 2023
Yield to Maturity is 7.54 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.82 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Kinjal Desai, Vivek Sharma are the fund managers of Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan
The Exit load of Nippon India Corporate Bond Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl Plan is 0%