- Mutual Funds
- Nippon Mutual Fund
- Nippon India Corporate Bond Fund Plan (RIDCW-Q)
Formerly Nippon India Corporate Bond DR
Nippon India Corporate Bond Fund Plan (RIDCW-Q)
₹ 16.6459
NAV (Oct 03)
Corporate bond funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 16.6459
NAV (Oct 3)
Fund Returns
Last 1Y | 7.4% |
Last 3Y | 5.7% |
Last 5Y | 6.8% |
Last 10Y | NA |
Since Inception | 6.9% |
6 Month CAGR | 3.9% |
Scheme Information
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
Expense Ratio | 0.67 |
Launched (9y ago) | Feb 12, 2014 |
AUM in Crores | 2455.212 |
ISIN | INF204KA1EN1 |
Lock-in | No Lock-in |
Benchmark | NIFTY Corporate Bond TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.2 |
Standard Deviation (5yr) | 1.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.664 |
Sharpe Ratio (5yr) | 1.173 |
YTM | 7.54 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Corporate Bond Fund Plan (RIDCW-Q) | 8,63,369 | 1,30,757 | 6.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Debt Holdings
7.26% govt stock 2033
7.2%export import bank of india
6%national bank for agriculture and rural development
5.3%tata capital housing finance limited
3.9%net current assets
3.8%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
Nippon Life India Asset Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.8% | 6.8% | ||
4.8% | 5.6% | ||
4.8% | 6.6% | ||
4.8% | 6.6% | ||
4.8% | 5.6% |
Nippon India Corporate Bond Fund Plan (RIDCW-Q) Review
Nippon India Corporate Bond Fund Plan (RIDCW-Q) is a Corporate Bond Debt fund and has delivered an annualised return of 6.9% over a period of 9 years. The fund was previously known as Nippon India Corporate Bond DR. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Akshay Sharma, Kinjal Desai, Vivek Sharma.
Nav of Nippon India Corporate Bond Fund Plan (RIDCW-Q) as of 10/3/2023 is ₹16.65 with the total AUM as of 10/4/2023 is ₹2455.212. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Corporate Bond Fund Plan (RIDCW-Q) was launched on Feb 12, 2014. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Nippon India Corporate Bond Fund Plan (RIDCW-Q) is ₹1000 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. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Corporate Bond Fund Plan (RIDCW-Q) 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 Corporate Bond TR INR.
Nippon India Corporate Bond Fund Plan (RIDCW-Q) is rated as a 3 fund in Debt and delivered 7.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Corporate Bond Fund Plan (RIDCW-Q).
Frequently Asked Questions
What is Nippon India Corporate Bond Fund Plan (RIDCW-Q)?
How to invest in Nippon India Corporate Bond Fund Plan (RIDCW-Q)?
You can invest in Nippon India Corporate Bond Fund Plan (RIDCW-Q) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Nippon India Corporate Bond Fund Plan (RIDCW-Q)?
The minimum sip amount for Nippon India Corporate Bond Fund Plan (RIDCW-Q) is ₹1000. You can invest in multiples of ₹5000.
Is Nippon India Corporate Bond Fund Plan (RIDCW-Q) good to invest in?
As per Scripbox experts, Nippon India Corporate Bond Fund Plan (RIDCW-Q) is a Neutral fund. You can investNippon India Corporate Bond Fund Plan (RIDCW-Q) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Nippon India Corporate Bond Fund Plan (RIDCW-Q)?
The expense ratio of the Nippon India Corporate Bond Fund Plan (RIDCW-Q) is 0.67% for regular plan.