Nippon India Corporate Bond Fund Direct Growth

Nippon India Corporate Bond Fund Direct Growth 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.

1. Nippon India Corporate Bond Fund Direct Growth has ₹9541 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Nippon India Corporate Bond Fund Direct Growth has given a CAGR return of 8.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.19%, 8.57% and 7.38% respectively.

Nippon India Corporate Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 6.79% Govt Stock 2034, 7.1% Govt Stock 2034, National Bank For Agriculture And Rural Development, Small Industries Development Bank Of India, Aditya Birla Housing Finance Limited

As it is a corporate bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

To generate income through investments predominantly in debt instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Nippon India Corporate Bond Fund Direct Growth has no lock in period.