scripbox logo
    scripbox logo
    search iconsearch icon
    user avatarLogin
    • right-arrow
    • Mutual Funds
      right-arrow
    • Nippon Mutual Fund
      right-arrow
    • Nippon India Corporate Bond Fund Bonus (PIDCW-A)

    Formerly Nippon India Corporate Bond Bns

    Nippon Mutual Fund

    Nippon India Corporate Bond Fund Bonus (PIDCW-A)

    DebtCorporate Bond

    33.4798

    NAV (Sep 23)

    7.9%
    3 Year CAGR
    Scripbox Opinion

    Neutral

    Click here for top ranked funds in corporate bond mutual funds.

    However, Scripbox does not recommend investing in corporate bond mutual funds.

    Corporate Bond Funds are mandated to invest a minimum of 80% of total assets in Corporate Bonds of the highest ratings.The category is one of the largest categories within the Debt Segment(9 % of total debt funds assets).We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

    Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    21 Years. The fund has an Extended history for analysis and the track record is excellent.

    Relative Size

    4,016 Cr. Medium within the category

    Impact of Interest Rate Changes

    Moderate Interest Rate Risk. The impact on fund value is moderate when interest rates change

    Credit Quality Of Fund's Portfolio

    Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

    Invest in this fund
    Explore a better alternative to this fund with a Scripbox plan.
    Short Term Money

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment

    No single fund can achieve what a plan can. Learn why

    chart-amc-about

    Historical NAV

    33.4798

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    6.6%
    Last 3Y
    7.9%
    Last 5Y
    7.4%
    Last 10Y
    8.2%
    Since Inception
    7.6%
    6 Month CAGR
    3.6%
    info-icon-blue

    Scheme Information

    Investment 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.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

    risk-indicator-arrow.svg

    Moderate Risk

    Expense Ratio
    0.64
    Launched (21y ago)
    Sep 14, 2000
    AUM in Crores
    4015.104
    ISIN
    INF204KA12N8
    Lock-in
    No Lock-in
    Benchmark
    Nifty Short Duration Debt Index PR INR
    SIP Minimum
    0
    Lumpsum Min.
    5000
    Fund Managers
    user-avatar

    Kinjal Desai

    Fund Manager

    user-avatar

    Vivek Sharma

    Fund Manager

    calculator

    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

    Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

    build-long-item-wealth-img

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • Inflation beating returns
      Inflation beating returns
    • Expert Investing Only, Car, Down Payment
      Expert Investing Only, Car, Down Payment
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Debt Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    Kotak Savings Fund (G)

    recommended-badge

    ₹ 13,951 cr

    5

    recommended-badge

    ₹ 33,662 cr

    5

    recommended-badge

    ₹ 11,134 cr

    5

    recommended-badge

    ₹ 31,274 cr

    5

    recommended-badge

    ₹ 24,210 cr

    5

    amc-icon

    About the AMC

    Nippon Life India Asset Management Ltd

    Nippon Life India Asset Management Ltd manages assets worth 237,988 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 90 equity,369 debt and 34 hybrid funds.

    amc-img

  • tel-amc-about
    022-33031000
  • mail-amc-about
    customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    5.1%

    7%

    recommended-badge

    24.3%

    22.8%

    top-ranked-badge

    4.4%

    6.7%

    top-ranked-badge

    22.9%

    22.5%

    top-ranked-badge

    3.6%

    5.4%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How to invest in best mutual funds?

    Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

    01

    Choose a plan

    Choose a plan to invest to start investing

    02

    Create an Account

    Create an account with Scripbox through a paperless process, to invest in this fund.

    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    04

    Track your investments

    Track, invest more and withdraw your investments through the Scripbox dashboard

    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Nippon India Corporate Bond Fund Bonus (PIDCW-A)

    About Nippon India Corporate Bond Fund Bonus (PIDCW-A)

    Nippon India Corporate Bond Fund Bonus (PIDCW-A) is a Corporate Bond Debt fund and has delivered an annualised return of 7.6% over a period of 21 years. The fund was previously known as Nippon India Corporate Bond Bns . The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Kinjal Desai, Vivek Sharma

    Nippon India Corporate Bond Fund Bonus (PIDCW-A) Investment 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. . However, there is no assurance that the objective of the scheme will be realized.

    Nippon India Corporate Bond Fund Bonus (PIDCW-A) NAV,AUM,Risk

    The Nippon India Corporate Bond Fund Bonus (PIDCW-A) fund was launched on Sep 14, 2000. The NAV (Net Asset Value) of this Corporate Bond Debt fund as of 2021-09-23 is ₹33.48. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹4015.104. The category risk of the Nippon India Corporate Bond Fund Bonus (PIDCW-A) fund is Moderate Risk. The fund charges 0.64 % as expense ratio.

    Nippon India Corporate Bond Fund Bonus (PIDCW-A) Holdings

    The fund’s highest allocation is towards Debt and has invested 88.1% in this asset class. The top three holdings of the fund are , triparty repo , summit digitel infrastructure private limited , embassy office parks reit , 8.62% maharashtra sdl 2023 , bajaj finance limited , hindustan petroleum corporation limited , 7.16% govt stock 2023 , indinfravit trust , state bank of india , telesonic networks limited , net current assets , national highways authority of india , housing development finance corporation limited , allahabad bank , piramal capital & housing finance limited , l&t infrastructure finance company limited , nabha power limited , national bank for agriculture and rural development , 182 dtb 09122021 , mobil trust series 19 , indian railway finance corporation limited , 8.09% kerala sdl 2025 , 8.21% hr sdl spl 2025 , larsen and toubro limited , jamnagar utilities & power private limited , reliance industries limited , grasim industries limited , rural electrification corporation limited , housing development finance corporation limited , mahindra & mahindra limited , indinfravit trust , reliance industries limited , national bank for agriculture and rural development , national bank for agriculture and rural development , manappuram finance limited , axis finance limited , bajaj finance limited , ntpc limited , power finance corporation limited , bajaj housing finance limited , national bank for agriculture and rural development , manappuram finance limited , 6.84% govt stock 2022 , u.p. power corporation limited , rec limited , rec limited , india grid trust , ongc petro additions limited , 8.39% rj sdl spl 2025 , punjab national bank , state bank of india , india infradebt limited , power finance corporation limited , india infradebt limited , larsen and toubro limited , ess kay fincorp limited , power finance corporation limited , 8.15% govt stock 2022 , lic housing finance limited , national bank for agriculture and rural development , rural electrification corporation limited , national bank for agriculture and rural development , hdb financial services limited , rural electrification corporation limited , bajaj housing finance limited , bharat oman refineries limited , national bank for agriculture and rural development , motherson sumi systems limited , u.p. power corporation limited , mobil trust series - 14 , swarna tollway private limited , 8.21% rj sdl spl 2025 , power finance corporation limited , muthoot finance limited , 8.10% andhra pradesh sdl 2025 , reliance jio infocomm limited , reliance industries limited , u.p. power corporation limited , innovation trust xxx , embassy office parks reit , national bank for agriculture and rural development , power finance corporation limited , manappuram finance limited , 5.22% goi 2025 , manappuram finance limited

    Nippon India Corporate Bond Fund Bonus (PIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

    Nippon India Corporate Bond Fund Bonus (PIDCW-A) Investment volatility and Horizon

    This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Short Duration Debt Index PR INR.

    Nippon India Corporate Bond Fund Bonus (PIDCW-A) Review

    Nippon India Corporate Bond Fund Bonus (PIDCW-A) has a score of 3 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Corporate Bond Fund Bonus (PIDCW-A) has a score of 3out of 5 The credit risk of the fund is 3 out of 5 as compared to other debt funds.

    Get started with investing today

    Invest in the best mutual funds recommended by Scripbox that are algorithmically selected that best suit your needs.

    filter
    Show Calculator