Nippon India Credit Risk Fund (G)
Scheme Information
2019-11-14
| Asset Management Company (AMC) | Nippon India Life Asset Management Limited |
| Asset Class Type | Debt |
| Inception Date | Jun 10, 2005 |
| Benchmark | NIFTY Credit Risk Bond Index |
| Objective | 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. |
| Fund Manager | Prashant Pimple |
| AUM (In Crores) | 6066.50 |
| Allocation |
Others: 3.5613% Debt: 96.4387% |
| Exit Load | Nil for 10% of units and 1% for remaining units on or before 12 months |
| Minimum Investment Amount |
First Investment:
500
|
| Expense Ratio | 1.57 |
| Average Maturity | 886.95 Days |
| Modified Duration | 638.75 Days |
| Yield to Maturity | 13.11% |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
Recommended Funds
Equity: Mirae Asset Large Cap Fund (G) • HDFC Top 100 Fund (G) • Kotak Standard Multicap Fund (G) • Parag Parikh Long Term Equity Fund (G)
Tax Saver Plan:
DSP Tax Saver Fund (G) •
Motilal Oswal Long Term Equity Fund (G)
Emergency Fund:
Axis Liquid Fund (G) •
Tata Liquid Fund (G)