Fund Performance
Lumpsum
SIP
8.37
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,725 today.
NAV Performance
Fund Information
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₹ 30.637
as on 08 Dec 2023 -
Regular - Growth
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-
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₹ 500
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₹ 1,000 Cr.
as on 31 May 2023 -
1.56%
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02 Jan 2013
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CRISIL 10 Year Gilt Index
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Nippon India Mutual Fund
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Highlights of this fund
Nippon India Credit Risk Fund is an Open-ended Debt Fund. The fund belongs to Credit Risk Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Debt funds offered by Nippon India Mutual Fund.
Latest NAV of the fund is ₹ 30.637 as on 08 Dec 2023.
This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.56%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
To generate optimal returns consistent with moderate levels of risk.This income may be complimented by capital appreciation of the portfolio.Accordingly, investments shall be predominantly be made in debt and money market instruments
List of Fund Managers of Nippon India Credit Risk Fund
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About Kinjal Desai
Kinjal Desai is Fund Manager – Overseas at Reliance Mutual Fund. Kinjal has obtained her Masters in Economics from Warwick University, UK. She has a total experience of 6 years as Research Analyst – Equities at Reliance Mutual Fund where she started her career as an Associate.
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About Sushil Budhia
Mr. Budhia has done CA Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
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About Akshay Sharma
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately High Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.44% | 0.87% | 14.31% | 11.00% | 15.38% | 12.10% | 10.31% | 7.51% | 8.04% | 21.04% | 14.55% | 11.90% | 9.19% | 7.47% |
| Category Average | 0.16% | 0.45% | 2.65% | 3.78% | 7.72% | 5.31% | 6.04% | 5.03% | 6.60% | 8.00% | 6.90% | 6.57% | 6.06% | 5.81% |
| Nippon India Credit Risk Fund | 0.14%₹ 10,013 | 0.50%₹ 10,050 | 1.63%₹ 10,162 | 3.46%₹ 10,345 | 7.68%₹ 10,768 | 7.59%₹ 12,487 | 5.73%₹ 11,178 | 6.88%₹ 25,741 | 8.37%₹ 12,725 | 7.25%₹ 40,172 | 4.10%₹ 12,225 | 6.16%₹ 70,109 | 6.27%₹ 18,390 | 5.50%₹ 1,59,052 |
| UTI Credit Risk Fund | 0.12%₹ 10,011 | 0.47%₹ 10,046 | 1.30%₹ 10,129 | 2.75%₹ 10,275 | 6.40%₹ 10,640 | 6.17%₹ 12,397 | 5.06%₹ 11,037 | 5.90%₹ 25,489 | 10.31%₹ 13,421 | 8.50%₹ 40,922 | -1.55%₹ 9,249 | 4.37%₹ 67,026 | 3.38%₹ 13,948 | 2.20%₹ 1,34,166 |
| Baroda Credit Risk Fund | 0.20%₹ 10,019 | 0.55%₹ 10,054 | 1.63%₹ 10,162 | 3.24%₹ 10,323 | 7.18%₹ 10,717 | 7.14%₹ 12,458 | 5.81%₹ 11,195 | 6.68%₹ 25,688 | 10.24%₹ 13,398 | 8.09%₹ 40,675 | 6.98%₹ 14,019 | 8.23%₹ 73,841 | - | - |
| IDBI Credit Risk Fund | 0.09%₹ 10,008 | 0.41%₹ 10,041 | 1.19%₹ 10,119 | 3.15%₹ 10,314 | - | - | - | - | - | - | - | - | - | - |
| DSP Credit Risk Fund | 0.12%₹ 10,011 | 0.46%₹ 10,046 | 9.26%₹ 10,925 | 11.00%₹ 11,099 | 15.38%₹ 11,538 | 21.04%₹ 13,325 | 12.10%₹ 12,565 | 14.55%₹ 27,730 | 8.99%₹ 12,947 | 11.90%₹ 43,016 | 6.32%₹ 13,587 | 9.19%₹ 75,629 | 7.06%₹ 19,800 | 6.88%₹ 1,70,964 |
| ICICI Prudential Credit Risk Fund | 0.23%₹ 10,023 | 0.55%₹ 10,054 | 1.68%₹ 10,168 | 3.31%₹ 10,331 | 6.91%₹ 10,690 | 7.18%₹ 12,461 | 5.87%₹ 11,208 | 6.67%₹ 25,686 | 6.08%₹ 11,938 | 6.32%₹ 39,623 | 7.51%₹ 14,367 | 6.88%₹ 71,380 | 8.04%₹ 21,690 | 7.47%₹ 1,76,322 |
Portfolio Holdings
Top Debt Instrument Type holdings of Nippon India Credit Risk Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 79.30% | ₹ 802.38 Cr. |
| GOI | 12.03% | ₹ 121.75 Cr. |
| T-Bills | 2.41% | ₹ 24.33 Cr. |
| CP | 0.98% | ₹ 9.88 Cr. |
| Others | 5.28% | - |
Top Debt Holdings of Nippon India Credit Risk Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 12.03% | ₹ 121.75 Cr. |
| Bond - Summit Digitel Infrastructure Pvt Ltd. | 5.92% | ₹ 59.93 Cr. |
| Bond - J S W Steel Ltd. | 5.49% | ₹ 55.50 Cr. |
| Bond - Andhra Pradesh State Beverages Corporation Ltd. | 4.66% | ₹ 47.13 Cr. |
| Bond - Greenlam Industries Ltd. | 4.36% | ₹ 44.06 Cr. |
| Others | 67.54% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 2.72% |
| TREPS | 2.55% |
| Margin | 0.01% |