Formerly Reliance Credit Risk DR
₹ 13.4257
NAV (Mar 05)
Not Recommended
However, Scripbox does not recommend investing in credit risk mutual funds.
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
7 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
1,186 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
Highest Credit Risk. The fund has poor credit quality compared to other debt funds
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Scheme Information
The primary investment objective of this option is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderately High Risk
1.64 %
Expense Ratio
Oct 27, 2014
Launched (7y ago)
₹ 1,186
AUM in Crores
INF204KA1WS2
ISIN
No Lock-in
Lock-in
NIFTY Credit Risk Bond TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 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.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
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About the AMC
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 190,624 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 87 equity,369 debt and 34 hybrid funds.
Liquid
Recommended
Top Ranked
₹ 19,337 Cr
Fund Size
5.9%
3Y returns
Mid Cap
Recommended
Top Ranked
₹ 8,153 Cr
Fund Size
12.5%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
5.1%
3Y returns
Mid Cap
Top Ranked
₹ 8,153 Cr
Fund Size
11.2%
3Y returns
Liquid
Top Ranked
₹ 19,337 Cr
Fund Size
3.8%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Nippon India Credit Risk Fund Plan (DR-A) is a credit risk debt fund and has delivered an annualised return of 4.7% over a period of 7 years .The fund was previously known as Reliance Credit Risk DR.The fund is managed by Nippon Life India Asset Management Ltd.The fund managers are Kinjal Desai, Prashant Pimple, Sushil Budhia
The primary investment objective of this option is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments. However, there is no assurance that the objective of the scheme will be realized.
The Nippon India Credit Risk Fund Plan (DR-A) fund was launched on Oct 27, 2014. The NAV (Net Asset Value) of this credit risk debt as of 2021-03-05 is ₹ 13.4257. The total AUM (Asset Under Management) of the fund as of 2021-03-07 is ₹ 1185.026. The category risk of the Nippon India Credit Risk Fund Plan (DR-A) fund is Moderately High Risk. The fund charges 1.64 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 50.0% in this asset class. The top three holdings of the fund are vineha enterprises private limited,sanghi industries limited and mariposa agri ventures and hospitalities private limited
The minimum SIP (Systematic Investment Plan) amount for this 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.
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 Credit Risk Bond TR INR.
Nippon India Credit Risk Fund Plan (DR-A) has a score of 1 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Credit Risk Fund Plan (DR-A) has a score of 3 out of 5. The credit risk of the fund is 1 out of 5 as compared to other debt funds.