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Fund Overview

Fund Size

Fund Size

₹1,024 Cr

Expense Ratio

Expense Ratio

0.80%

ISIN

ISIN

INF204K01A74

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

01 Jan 2013

About this fund

Nippon India Credit Risk Fund Direct Growth is a Credit Risk mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 3 months and 18 days, having been launched on 01-Jan-13.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹34.34, Assets Under Management (AUM) of 1024.31 Crores, and an expense ratio of 0.8%.
  • Nippon India Credit Risk Fund Direct Growth has given a CAGR return of 7.30% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 91.63% in debts, and 8.12% in cash & cash equivalents.
  • You can start investing in Nippon India Credit Risk Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+8.40%

+6.46%(Cat. Avg.)

3 Years

+9.21%

+9.00%(Cat. Avg.)

5 Years

+4.75%

+4.69%(Cat. Avg.)

10 Years

+7.05%

+6.11%(Cat. Avg.)

Since Inception

+7.30%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt938.57 Cr91.63%
Others85.74 Cr8.37%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Summit Digitel Infrastructure LimitedBond - Corporate Bond60.4 Cr5.90%
JSW Steel LimitedBond - Corporate Bond55.13 Cr5.38%
7.1% Govt Stock 2029Bond - Gov't/Treasury50.09 Cr4.89%
7.06% Govt Stock 2028Bond - Gov't/Treasury50 Cr4.88%
Indinfravit TrustBond - Corporate Bond48.83 Cr4.77%
Triparty RepoCash - Repurchase Agreement48.03 Cr4.69%
Godrej Properties LimitedBond - Corporate Bond45.07 Cr4.40%
Greenlam Industries LimitedBond - Corporate Bond44.36 Cr4.33%
Prestige Projects Private Limited 11.75%Bond - Corporate Bond40.06 Cr3.91%
DLF Cyber City Developers Limited 8.4%Bond - Corporate Bond39.92 Cr3.90%
Lodha Developers Private LimitedBond - Corporate Bond38.27 Cr3.74%
Indostar Capital Finance LimitedBond - Corporate Bond34.79 Cr3.40%
Renew Services Private LimitedBond - Corporate Bond34.01 Cr3.32%
U.P. Power Corporation LimitedBond - Corporate Bond30.18 Cr2.95%
Piramal Capital & Housing Finance LimitedBond - Corporate Bond28.03 Cr2.74%
Profectus Capital Private LimitedBond - Corporate Bond26.04 Cr2.54%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.08 Cr2.45%
Nirma LimitedBond - Corporate Bond25.07 Cr2.45%
Godrej Industries LimitedBond - Corporate Bond24.94 Cr2.44%
Vastu Finserv India Private LimitedBond - Corporate Bond24.92 Cr2.43%
Godrej Industries LimitedBond - Corporate Bond24.7 Cr2.41%
Vivriti Capital Ltd. 9.65%Bond - Corporate Bond21.65 Cr2.11%
Net Current AssetsCash21.11 Cr2.06%
Nirma LimitedBond - Corporate Bond20.04 Cr1.96%
IndoStar Home Finance Private Limited 9.4%Bond - Corporate Bond19.68 Cr1.92%
Spandana Sphoorty Financial LimitedBond - Corporate Bond18.82 Cr1.84%
Ongc Petro Additions LimitedBond - Corporate Bond14.93 Cr1.46%
Spandana Sphoorty Financial LimitedBond - Corporate Bond13.75 Cr1.34%
The Tata Power Company LimitedBond - Corporate Bond10.54 Cr1.03%
Torrent Power LimitedBond - Corporate Bond10.05 Cr0.98%
Torrent Power LimitedBond - Corporate Bond10.05 Cr0.98%
Fullerton India Home Finance Company LimitedBond - Corporate Bond10.01 Cr0.98%
Vivriti Capital Private LimitedBond - Corporate Bond9.95 Cr0.97%
Nuvoco Vistas Corporation LimitedBond - Corporate Bond9.89 Cr0.97%
Trust Investment Advisors Private LimitedCash - Commercial Paper9.85 Cr0.96%
7.17% Govt Stock 2030Bond - Gov't/Treasury5.02 Cr0.49%
Indostar Capital Finance LimitedBond - Corporate Bond4.78 Cr0.47%
Profectus Capital Private LimitedBond - Corporate Bond4.52 Cr0.44%
Renew Services Private LimitedBond - Corporate Bond4 Cr0.39%
6.69% Govt Stock 2024Bond - Gov't/Treasury3.27 Cr0.32%
Corporate Debt Market Development Fund Class A2Mutual Fund - Open End2.6 Cr0.25%
The Tata Power Company LimitedBond - Corporate Bond1 Cr0.10%
Andhra Pradesh State Beverages Corporation LimitedBond - Corporate Bond0.75 Cr0.07%
Cash Margin - CcilCash - Collateral0.13 Cr0.01%

Allocation By Credit Quality (Debt)

AAA

AA

A

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond834.2 Cr81.44%
Bond - Gov't/Treasury108.39 Cr10.58%
Cash - Repurchase Agreement48.03 Cr4.69%
Cash21.11 Cr2.06%
Cash - Commercial Paper9.85 Cr0.96%
Mutual Fund - Open End2.6 Cr0.25%
Cash - Collateral0.13 Cr0.01%

Risk & Performance Ratios

Standard Deviation

This fund

3.73%

Cat. avg.

7.99%

Lower the better

Sharpe Ratio

This fund

0.95

Cat. avg.

0.39

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

7.82

Higher the better

Fund Managers

KD

Kinjal Desai

Since May 2018

SB

Sushil Budhia

Since February 2020

Additional Scheme Detailsas of 31st March 2024

ISININF204K01A74Expense Ratio0.80%Exit Load1.00%Fund Size₹1,024 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Credit Risk Bond TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Credit Risk Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Credit Risk Fund Regular Growth

Moderately High risk

1.7%1.0%₹359.23 Cr5.8%
Bandhan Credit Risk Fund Direct Growth

Moderately High risk

0.7%1.0%₹359.23 Cr6.8%
Aditya BSL Credit Risk Fund Regular Growth

Moderately High risk

1.6%3.0%₹971.33 Cr6.9%
Aditya BSL Credit Risk Fund Direct Growth

Moderately High risk

0.7%3.0%₹971.33 Cr7.8%
Baroda BNP Paribas Credit Risk Fund Regular Growth

Moderately High risk

1.6%1.0%₹153.57 Cr7.3%
Baroda BNP Paribas Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹153.57 Cr8.2%
UTI Credit Risk Fund Regular Growth

Moderately High risk

1.6%1.0%₹395.44 Cr6.5%
Nippon India Credit Risk Fund Regular Growth

High Risk

1.6%1.0%₹1024.31 Cr7.6%
SBI Credit Risk Fund Regular Growth

High Risk

1.6%3.0%₹2506.12 Cr6.8%
DSP Credit Risk Fund Regular Growth

Moderately High risk

1.1%1.0%₹195.23 Cr15.2%

About the AMC

Total AUM

₹4,42,327 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth

Moderately High risk

-0.0%--
Nippon India Innovation Fund Direct Growth

Very High Risk

0.9%1.0%₹1354.69 Cr-
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Quarterly Series I Direct Growth

Moderate Risk

-0.0%₹52.30 Cr7.1%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Low to Moderate Risk

---7.1%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Annual Series I Direct Growth

Low Risk

-0.0%₹16.36 Cr7.1%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹186.11 Cr7.1%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Moderate Risk

-0.0%-7.1%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth

Moderate Risk

-0.0%₹159.50 Cr7.6%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth

Moderate Risk

-0.0%--
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth

Low Risk

--₹40.32 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹4.92 Cr7.1%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹82.89 Cr7.4%
Nippon India Fixed Horizon Fund XXXX Series 18 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Monthly Series II Direct Growth

Low Risk

-0.0%₹3.93 Cr6.4%
Nippon India Fixed Horizon Fund XXXX Sr 20 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XXXX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLV - Series 4 Direct Growth

Low to Moderate Risk

-0.0%-7.1%
Nippon India Fixed Horizon Fund XLI Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth

Moderate Risk

-0.0%₹58.87 Cr7.7%
Nippon India Interval Fund Monthly Series I Direct Growth

Low Risk

-0.0%₹3.21 Cr6.4%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth

Moderately High risk

-0.0%-8.8%
Nippon India Fixed Horizon Fund XXXIX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 2 Direct Growth

Moderate Risk

----
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹294.42 Cr7.3%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹13895.86 Cr8.5%
Nippon India Gilt Securities Fund Direct Growth

Moderate Risk

0.6%0.0%₹1546.55 Cr7.5%
Nippon India Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹5307.29 Cr29.6%
Nippon India Power & Infra Fund Direct Growth

Very High Risk

1.1%1.0%₹4528.93 Cr77.3%
Nippon India Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹4559.36 Cr7.4%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹24796.00 Cr56.1%
Nippon India Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹27745.59 Cr52.1%
Nippon India Gold Savings Fund Direct Growth

High Risk

0.9%1.0%₹1709.27 Cr20.1%
Nippon India Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹7942.80 Cr7.7%

Risk Level

Your principal amount will be at High Risk

High Risk
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The NAV of Nippon India Credit Risk Fund Direct Growth, as of 18-Apr-2024, is ₹34.34.
The fund has generated 8.40% over the last 1 year and 9.21% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 91.63% in bonds, and 8.12% in cash and cash equivalents.
The fund managers responsible for Nippon India Credit Risk Fund Direct Growth are:-
  1. Kinjal Desai
  2. Sushil Budhia