- Mutual Funds
- Nippon India Mutual Fund
- Nippon India Credit Risk Fund Direct Growth
Nippon India Credit Risk Fund Direct Plan Growth
₹ 37.58
NAV (Apr 02)
Credit Risk 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.
Credit Risk Funds are mandated to invest more than 65% of the portfolio in Corporate Bonds rated AA or below.
These instruments carry a high default risk.
The events of the recent past have shown the impact of poor credit quality on such funds.
Scheme Information
The scheme aims to generate optimal returns consistent with moderate levels of risk. It will invest atleast 65 per cent of its assets in debt instruments with maturity of more than 1 year and the rest in money market instruments (including cash or call money and reverse repo) and debentures with maturity of less than 1 year. The exposure in government securities will generally not exceed 50 percent of the assets.
Expense Ratio | 0.7 % |
Launched | - |
AUM in Crores | 988.9 |
ISIN | INF204K01A74 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Credit Risk Debt B-II Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 1 |
Beta | 2.2 |
Sharpe Ratio | 1.2 |
YTM | - |
Fund Managers
Asset allocation and Holdings
Top Debt Holdings
Others
6.04%Summit Digitel Infrastructure Pvt. Ltd.
5.9%GOI
4.9%GOI
4.89%JSW Steel Ltd.
4.88%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,714 cr | ||
₹ 14,435 cr | ||
₹ 12,517 cr | ||
₹ 15,117 cr | ||
₹ 7,712 cr |
