Fund Performance
Lumpsum
SIP
6.23
as on 07 Jun 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,991 today.
NAV Performance
Fund Information
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₹ 51.134
as on 07 Jun 2023 -
Regular - Growth
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-
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₹ 1,000
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₹ 1,968 Cr.
as on 31 Mar 2023 -
0.68%
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02 Jan 2013
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CRISIL 10 Year Gilt Index
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Nippon India Mutual Fund
Show All Funds
Highlights of this fund
Nippon India Corporate Bond Fund is an Open-ended Debt Fund. The fund belongs to Corporate Bond 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 ₹ 51.134 as on 07 Jun 2023.
This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.68%. 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 ₹ 1,000.
Fund Objective
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.
List of Fund Managers of Nippon India Corporate Bond 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 Vivek Sharma
Vivek Sharma, Fund Manager Fixed has total 9 years experience with Reliance Mutual Fund Assisting in actively managing the duration and asset-allocation of various debt portfolios such as Income Fund, Gilt Fund, Dynamic Bond Fund, Ultra Short Term Fund, FMPs, Credit Fund, Liquid Fund & Liquid Plus Funds. Vivek Sharma joined RNAM in 2006 as Management Trainee & has been working with Fixed Income Team since 2007.
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About Akshay Sharma
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate 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 | 0.22% | 0.90% | 3.44% | 4.53% | 8.58% | 5.39% | 6.23% | 8.01% | 8.00% | 8.75% | 6.33% | 5.94% | 6.65% | 7.51% |
| Category Average | 0.17% | 0.72% | 2.52% | 3.69% | 6.61% | 3.99% | 5.03% | 6.94% | 7.23% | 7.55% | 5.43% | 4.99% | 6.01% | 6.90% |
| Nippon India Corporate Bond Fund | 0.21%₹ 10,021 | 0.84%₹ 10,084 | 2.96%₹ 10,295 | 4.15%₹ 10,414 | 7.78%₹ 10,777 | 8.33%₹ 12,532 | 5.39%₹ 11,107 | 6.33%₹ 25,596 | 6.23%₹ 11,991 | 5.94%₹ 39,393 | 6.93%₹ 13,979 | 6.43%₹ 70,568 | 7.49%₹ 20,595 | 7.02%₹ 1,72,241 |
| ICICI Prudential Corporate Bond Fund | 0.19%₹ 10,018 | 0.75%₹ 10,074 | 2.44%₹ 10,244 | 3.91%₹ 10,390 | 7.72%₹ 10,771 | 8.00%₹ 12,511 | 5.27%₹ 11,081 | 6.26%₹ 25,578 | 5.91%₹ 11,882 | 5.73%₹ 39,268 | 7.42%₹ 14,303 | 6.59%₹ 70,863 | 7.73%₹ 21,070 | 7.27%₹ 1,74,513 |
| Aditya Birla Sun Life Corporate Bond Fund | 0.19%₹ 10,018 | 0.80%₹ 10,080 | 2.49%₹ 10,248 | 3.85%₹ 10,385 | 7.55%₹ 10,755 | 7.78%₹ 12,497 | 4.94%₹ 11,013 | 5.91%₹ 25,490 | 5.97%₹ 11,902 | 5.52%₹ 39,147 | 7.65%₹ 14,457 | 6.65%₹ 70,959 | 8.00%₹ 21,607 | 7.51%₹ 1,76,665 |
| Kotak Corporate Bond Fund Standard | 0.16%₹ 10,015 | 0.74%₹ 10,073 | 2.64%₹ 10,263 | 3.73%₹ 10,373 | 6.95%₹ 10,695 | 7.48%₹ 12,478 | 4.73%₹ 10,969 | 5.60%₹ 25,410 | 5.48%₹ 11,739 | 5.18%₹ 38,948 | 6.94%₹ 13,987 | 6.04%₹ 69,885 | - | - |
| Invesco India Corporate Bond Fund | 0.16%₹ 10,015 | 0.70%₹ 10,070 | 2.55%₹ 10,255 | 3.67%₹ 10,366 | 6.66%₹ 10,666 | 7.21%₹ 12,461 | 4.09%₹ 10,834 | 5.09%₹ 25,280 | 5.04%₹ 11,591 | 4.66%₹ 38,645 | 7.03%₹ 14,049 | 5.84%₹ 69,538 | 6.46%₹ 18,700 | 6.38%₹ 1,66,545 |
| IDFC Corporate Bond Fund | 0.16%₹ 10,016 | 0.67%₹ 10,067 | 2.15%₹ 10,215 | 3.46%₹ 10,346 | 6.35%₹ 10,635 | 6.67%₹ 12,427 | 3.89%₹ 10,792 | 4.72%₹ 25,187 | 5.18%₹ 11,639 | 4.50%₹ 38,550 | 6.83%₹ 13,915 | 5.75%₹ 69,379 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of Nippon India Corporate Bond Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 72.92% | ₹ 1,434.97 Cr. |
| GOI | 14.32% | ₹ 281.76 Cr. |
| CD | 4.79% | ₹ 94.21 Cr. |
| Others | 7.97% | - |
Top Debt Holdings of Nippon India Corporate Bond Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 14.32% | ₹ 281.76 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 6.32% | ₹ 124.48 Cr. |
| Bond - Power Finance Corporation Ltd. | 6.06% | ₹ 119.26 Cr. |
| Bond - Grasim Industries Limited | 5.57% | ₹ 109.64 Cr. |
| Bond - Small Industries Development Bank Of India | 5.06% | ₹ 99.53 Cr. |
| Others | 62.67% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 11.68% |
| Margin | 0.01% |
| Net Receivables | -3.72% |