- Mutual Funds
- Nippon Mutual Fund
- Nippon India Credit Risk Fund (RIDCW-A)
Formerly Nippon India Credit Risk DR
Nippon India Credit Risk Fund (RIDCW-A)
₹ 16.6215
NAV (Oct 03)
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.
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
₹ 16.6215
NAV (Oct 3)
Fund Returns
Last 1Y | 7.9% |
Last 3Y | 8.8% |
Last 5Y | 4.2% |
Last 10Y | NA |
Since Inception | 5.9% |
6 Month CAGR | 4.6% |
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.
Expense Ratio | 1.63 |
Launched (9y ago) | Oct 27, 2014 |
AUM in Crores | 1016.612 |
ISIN | INF204KA1WS2 |
Lock-in | No Lock-in |
Benchmark | NIFTY Credit Risk Bond TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 3.7 |
Standard Deviation (5yr) | 6.3 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.999 |
Sharpe Ratio (5yr) | -0.113 |
YTM | 8.88 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Credit Risk Fund (RIDCW-A) | 8,10,001 | 77,389 | 4.2% | |
| 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
triparty repo
6.8%summit digitel infrastructure limited
5.9%jsw steel limited
5.4%piramal capital & housing finance limited
4.9%7.06% govt stock 2028
4.9%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 Credit Risk Fund (RIDCW-A) Review
Nippon India Credit Risk Fund (RIDCW-A) is a Credit Risk Debt fund and has delivered an annualised return of 5.9% over a period of 8 years. The fund was previously known as Nippon India Credit Risk DR. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Akshay Sharma, Kinjal Desai, Sushil Budhia.
Nav of Nippon India Credit Risk Fund (RIDCW-A) as of 10/3/2023 is ₹16.62 with the total AUM as of 10/4/2023 is ₹1016.612. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Credit Risk Fund (RIDCW-A) was launched on Oct 27, 2014. The category risk of the fund is High Risk.
The minimum SIP amount for Nippon India Credit Risk Fund (RIDCW-A) 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 Credit Risk Fund (RIDCW-A) 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 (RIDCW-A) is rated as a 2 fund in Debt and delivered 7.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Credit Risk Fund (RIDCW-A).
Frequently Asked Questions
What is Nippon India Credit Risk Fund (RIDCW-A)?
How to invest in Nippon India Credit Risk Fund (RIDCW-A)?
You can invest in Nippon India Credit Risk Fund (RIDCW-A) 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 Credit Risk Fund (RIDCW-A)?
The minimum sip amount for Nippon India Credit Risk Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Nippon India Credit Risk Fund (RIDCW-A) good to invest in?
As per Scripbox experts, Nippon India Credit Risk Fund (RIDCW-A) is a Neutral fund. You can investNippon India Credit Risk Fund (RIDCW-A) 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 Credit Risk Fund (RIDCW-A)?
The expense ratio of the Nippon India Credit Risk Fund (RIDCW-A) is 1.63% for regular plan.