Nippon India Credit Risk Fund Direct Plan Growth Option
Nippon India Credit Risk Fund Direct Plan Growth Option

Nippon India Credit Risk Fund Direct Plan Growth Option

Debt
Direct
Credit Risk

NAV: ₹ 31.1 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
30 people have invested ₹ 2.9L in mutual fund in the last three months

Fund Insights

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In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 10.83% return, outperforming this fund by 5.71%

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In the last 3 years, Baroda BNP Paribas Credit Risk Fund Direct Growth has given 9.13% return, outperforming this fund by 4.86% per annum

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In the last 5 years, ICICI Prudential Credit Risk Fund Direct Plan Growth has given 8.18% return, outperforming this fund by 3.67% per annum

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.7%
2%
3.3%
5.1%
4.3%
4.5%
Benchmark
0.5%
1.6%
2.6%
13.1%
5.9%
4%
About the Fund

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 Kinjal Desai, Sushil Budhia. This fund is suitable to keep your money safe.

Key parameters

1) Nippon India Credit Risk Fund Direct Plan Growth Option has a NAV of 31.0504 as on 03-02-2023.

2) Nippon India Credit Risk Fund Direct Plan Growth Option has 1014 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 1 %.

Fund Overview

Expense ratio
Expense ratio
1%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹1014 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
218.39%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
41.5%
AA
34.9%
A
23.6%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

66.2%

Cash Equivalent

17%

Government

15.2%

Securitize

1.5%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings51
Holdings
Weight%
Holdings Trend
1M Change
Net Current Assets
Net Current Assets
6.52%
0%
JSW Steel Limited
JSW Steel Limited
5.46%
0%
5.22% Govt Stock 2025
5.22% Govt Stock 2025
4.75%
0%
Piramal Capital & Housing Finance Limited
Piramal Capital & Housing Finance Limited
4.74%
0%
5.63% Govt Stock 2026
5.63% Govt Stock 2026
4.74%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 4.4 Cr in last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 1K Cr
Nov'22
₹ 1K Cr
Oct'22
₹ 1K Cr

Fund Returns vs Benchmark

Jan'23
0.80%
0.86%
Dec'22
0.24%
-0.02%
Nov'22
0.70%
0.71%
Fund Return
Benchmark Return

Fund Manager

Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Credit Risk Fund Direct Plan Growth Option, since 25 May 2018
Sushil Budhia

Sushil Budhia

Fund Manager of Nippon India Credit Risk Fund Direct Plan Growth Option, since 1 February 2020

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.13% since inception which is more than its category average return of 5.22%
AUM size ₹1014 Cr

AUM size ₹1014 Cr

This fund has AUM of ₹1014 Cr which is less than its category average of ₹ 1370 Cr
Expense Ratio 1%

Expense Ratio 1%

This fund has an expense ratio of 1% which is less than its category average expense ratio of 1.16%

Frequently Asked Questions

The current NAV of Nippon India Credit Risk Fund Direct Plan Growth Option is 31.05 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Nippon India Credit Risk Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.67%
0.67%
6 Month Returns
3.32%
3.32%
1 Year Returns
5.13%
5.13%
3 Years Returns
13.36%
4.27%
5 Years Returns
24.67%
4.51%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
1 as on January 2023
1014 Cr as on January 2023
Yield to Maturity is 8.4 as on January 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 1.57 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
41.48
AA
34.92
A
23.6
Kinjal Desai,Sushil Budhia 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%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.