3 Year return
7.38%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
High Risk
Asset Under Management
₹1021.21 Cr.
Expense Ratio
0.7% (inclusive of GST)
Exit Load
10% of the units allotted shall be redeemed within any exit load, on or before completion of 12 monts from the date allotment of units. 1.00% - If redeemed / switched on or before completion of 12 months from the date of allotment of units. Nil - If redeemed / switched after completion of 12 moths from the date of allotment of units.
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Nippon India Mutual Fund Managers
SB
Sushil Budhia
Fund Manager since Oct 2008
Fund House Details
Nippon India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Aditya Birla Sun Life Credit Risk Fund |
9.56% |
5 |
Baroda BNP Paribas Credit Risk Fund |
7.53% |
3.5 |
ICICI Prudential Credit Risk Fund |
7.51% |
3 |
Schemes by Nippon India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Reinvestment
About Nippon India Credit Risk Fund Direct Plan Growth Plan
The Nippon India Credit Risk Fund Direct Plan Growth Plan is a debt fund managed by Nippon India Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. The fund invests in a portfolio of corporate bonds, with a focus on bonds rated AA and below. These bonds are considered to be higher-risk than government bonds, but they also offer the potential for higher returns. The fund aims to generate returns that are higher than the returns offered by government bonds.
Investment Objectives of the Scheme
The investment objective of the Nippon India Credit Risk Fund Direct Plan Growth Plan is to generate returns that are higher than the returns offered by government bonds by investing in a portfolio of corporate bonds, with a focus on bonds rated AA and below.
Key Features of The Fund
5-year return | 6.05% |
Expense Ratio | 0.7% |
Fund Manager | Sushil Budhia |
Fund Size | ₹1021.21 Cr |
Risk Profile | High |
Is This Scheme Right for Me?
The Nippon India Credit Risk Fund Direct Plan Growth Plan is a good option for investors who are looking for higher returns than government bonds. However, the fund is also a higher-risk investment, so you should only invest if you are comfortable with the possibility of losing money.
AMC Contact Details
Name | Nippon India Mutual Fund |
Launch Date | June 1995 |
Addresss | Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013 |
Contact | 1860 266 0111 |
customercare@nipponindiaim.in | |
Website | https://mf.nipponindiaim.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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How do I invest in Nippon India Credit Risk Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Nippon India Credit Risk Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Nippon India Credit Risk Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Nippon India Credit Risk Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.