Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Credit Risk
NAV: ₹ 13.3 as on 31-03-2023
Fund Performance
Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl Performance as on (31-Mar-23)
About the Fund
Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl 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 Quaterly Reinvestment Inc Dist cum Cap Wdrl has a NAV of ₹13.3333 as on 31-03-2023.
2) Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl has ₹934 Cr worth of assets under management (AUM) as on 28-02-2023 and is less than category average.
3) The fund has an expense ratio 0.98 %.
Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.98% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹934 Cr |
 | 1 January, 2013 |
 | ₹500/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 218.39% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
41.6%
AA
35.2%
A
23.1%
Sector Allocation
Corporate
67.6%
Government
21%
Cash Equivalent
9.8%
Securitize
1.6%
Top Holdings of Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-23)
Debt Holdings50
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Net Current Assets | 7.62% | 0% | |
JSW Steel Limited | 5.93% | 0% | |
7.35 6/22/2024 12:00:00 Am | 4.85% | 0% | |
7.01 10/4/2028 12:00:00 Am | 4.78% | 80% | |
Greenlam Industries Limited | 4.71% | 0% |
See all
Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.36% whereas the fund’s underlying benchmark Credit Risk Index returns stands at 0.31% as on Feb'23
- This fund outperformed Credit Risk Index by 0.05% in Feb'23
AUM Change
- AUM of the fund stands at 932.4 Cr as of Feb'23
- AUM decreased by 64 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
U.P. Power Corporation Limited's allocation increased from 0.09% to 3.25%
Andhra Pradesh State Beverages Corporation Limited's allocation increased from 0.32% to 3.01%
National Bank For Agriculture And Rural Development's allocation increased from 0.52% to 2.59%
Top Stocks sold last month
Piramal Capital & Housing Finance Limited's allocation decreased from 4.74 % to 4.7 %
AShoka Concessions Limited's allocation decreased from 1.05 % to 1.04 %
AShoka Concessions Limited's allocation decreased from 1.04 % to 0.53 %
Cash allocation has gone up from 9% to 9.8%
Debt allocation has gone down from 91% to 90.2%
Top 3 Sectors in February were Corporate, Government & Securitize
Feb'23
Corporate
68%
Government
21%
Securitize
2%
Jan'23
Corporate
67%
Government
23%
Securitize
2%
Peer Analysis
Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Kinjal Desai
Fund Manager of Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl, since 25 May 2018
Top funds managed
Sushil Budhia
Fund Manager of Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl, since 1 February 2020
Top funds managed
Fund 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 5.22% since inception which is more than its category average return of 5.2%
AUM size ₹934 Cr
This fund has AUM of ₹934 Cr which is less than its category average of ₹ 1321 Cr
Expense Ratio 0.98%
This fund has an expense ratio of 0.98% which is less than its category average expense ratio of 1.17%
Frequently Asked Questions
The current NAV of Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl is 13.27 as on 28-Mar-2023.
Existing (Absolute + CAGR)
Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -0.45% | -0.45% |
6 Month Returns | 0.76% | 0.76% |
1 Year Returns | 0.24% | 0.24% |
3 Years Returns | 23.63% | 7.33% |
5 Years Returns | 14.1% | 2.67% |
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0.98 as on March 2023
934 Cr as on March 2023
Yield to Maturity is 8.71 as on March 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 1.84 as on March 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 41.65 |
AA | 35.21 |
A | 23.14 |
Kinjal Desai,Sushil Budhia are the fund managers of Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Nippon India Credit Risk Fund Direct Plan Quaterly Reinvestment Inc Dist cum Cap Wdrl is 1%