Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option
Debt
Direct
Corporate Bond
NAV: ₹ 17.93 as on 02-05-2024
About the Fund
Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option is a debt fund. This fund was started on 19 December, 2013. The fund is managed by Vivek Sharma, Kinjal Desai. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option has ₹2889 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.
Fund Performance
Overview
 | 0.34% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹2889 Cr |
 | 19 December, 2013 |
 | ₹5000/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 135.24% |
Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
61.5%
Government
33.6%
Cash Equivalent
5%
Top Holdings of Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option as on (30-Apr-24)
Debt Holdings57
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.32% Govt Stock 2030 | 7.32% | 46.7% | |
7.18% Govt Stock 2037 | 6.91% | 33.3% | |
National Bank For Agriculture And Rural Development | 4.32% | 0% | |
Tata Capital Limited | 3.47% | 0% | |
LIC Housing Finance Ltd. 7.84% | 3.46% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.8K Cr as of Mar'24
- AUM increased by 205.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Vivek Sharma
Fund Manager of Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option, since 1 February 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option, since 25 May 2018
Top funds managed
Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option 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 7.31% since inception which is more than its category average return of 5.43%
AUM size ₹2889 Cr
This fund has AUM of ₹2889 Cr which is less than its category average of ₹ 6127 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option is ₹17.93 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.26% | 0.26% |
6 Month Returns | 4.12% | 4.12% |
1 Year Returns | 7.3% | 7.3% |
3 Years Returns | 19.65% | 6.16% |
5 Years Returns | 40.26% | 7% |
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 April 2024
₹2889 Cr as on April 2024
7.32% Govt Stock 2030(7.32%), 7.18% Govt Stock 2037(6.91%), National Bank For Agriculture And Rural Development(4.32%), Tata Capital Limited(3.47%), LIC Housing Finance Ltd. 7.84%(3.46%) as on April 2024
Corporate(59.2%), Government(35.41%), Cash Equivalent(5.39%) as on April 2024
Yield to Maturity is 7.69 as on April 2024. 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 3.57 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Vivek Sharma, Kinjal Desai are the fund managers of Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option
The Exit load of Nippon India Corporate Bond Fund Direct Plan Reinvestment of Income Dis cum cptl wdrl Option is 0%