Nippon India Credit Risk Fund Direct Plan Growth Option
Debt
Direct
Credit Risk
NAV: ₹ 34.34 as on 18-04-2024
Fund Performance
61 people have invested ₹ 98.3K in Nippon India Credit Risk Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
Over the last 1 year, this fund has decreased expense ratio by 18.4% moving from 0.98 to 0.80.
This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.8% which is lower than the category average expense ratio of 1.22%.
In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 16.07% return, outperforming this fund by 7.49%.
In the last 3 years, UTI Credit Risk Fund Direct Plan Growth Option has given 11.6% return, outperforming this fund by 2.39% per annum.
In the last 5 years, ICICI Prudential Credit Risk Fund Direct Plan Growth has given 8.18% return, outperforming this fund by 3.42% per annum.
About the Nippon India Credit Risk Fund Direct Plan Growth Option
Nippon India Credit Risk Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sushil Budhia, Kinjal Desai. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Credit Risk Fund Direct Plan Growth Option has ₹1024 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.8.
Nippon India Credit Risk Fund Direct Plan Growth Option Overview
 | 0.8% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹1024 Cr |
 | 1 January, 2013 |
 | ₹500/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 79.08% |
Nippon India Credit Risk Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AA
48%
AAA
28.7%
A
23.3%
Sector Allocation
Corporate
81.6%
Government
10.3%
Cash Equivalent
8.1%
Top Holdings of Nippon India Credit Risk Fund Direct Plan Growth Option as on (31-Mar-24)
Debt Holdings41
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Summit Digitel Infrastructure Limited | 5.9% | 0% | |
JSW Steel Limited | 5.38% | 0% | |
7.1% Govt Stock 2029 | 4.89% | 0% | |
7.06% Govt Stock 2028 | 4.88% | 0% | |
Indinfravit Trust | 4.77% | 0% |
See all
Nippon India Credit Risk Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1K Cr as of Mar'24
- AUM decreased by 6.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Nippon India Credit Risk Fund Direct Plan Growth Option Fund Manager
Sushil Budhia
Fund Manager of Nippon India Credit Risk Fund Direct Plan Growth Option, since 1 February 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Credit Risk Fund Direct Plan Growth Option, since 25 May 2018
Top funds managed
Nippon India Credit Risk Fund Direct Plan Growth Option Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 7.3% since inception which is more than its category average return of 5.24%
AUM size ₹1024 Cr
This fund has AUM of ₹1024 Cr which is less than its category average of ₹ 1256 Cr
Expense Ratio 0.8%
This fund has an expense ratio of 0.8% which is less than its category average expense ratio of 1.15%
Frequently Asked Questions
The current NAV of Nippon India Credit Risk Fund Direct Plan Growth Option is ₹34.34 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Nippon India Credit Risk Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.75% | 0.75% |
6 Month Returns | 4.18% | 4.18% |
1 Year Returns | 8.58% | 8.58% |
3 Years Returns | 30.26% | 9.21% |
5 Years Returns | 26.17% | 4.76% |
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.
0.8% as on March 2024
₹1024 Cr as on March 2024
Summit Digitel Infrastructure Limited(5.9%), JSW Steel Limited(5.38%), 7.1% Govt Stock 2029(4.89%), 7.06% Govt Stock 2028(4.88%), Indinfravit Trust(4.77%) as on March 2024
Corporate(81.57%), Government(10.29%), Cash Equivalent(8.14%) as on March 2024
Yield to Maturity is 9.02 as on March 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 1.84 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA | 47.98 |
AAA | 28.67 |
A | 23.35 |
Sushil Budhia, Kinjal Desai are the fund managers of Nippon India Credit Risk Fund Direct Plan Growth Option
The Exit load of Nippon India Credit Risk Fund Direct Plan Growth Option is 1%