- Mutual Funds
- Nippon Mutual Fund
- Nippon India Corporate Bond Fund (Growth)
Formerly Nippon India Prime Debt Gr
Nippon India Corporate Bond Fund (Growth)
₹ 50.0607
NAV (Mar 31)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 50.0607
NAV (Mar 31)
Fund Returns
Last 1Y | 4.7% |
Last 3Y | 5.9% |
Last 5Y | 6.5% |
Last 10Y | 7.5% |
Since Inception | 7.4% |
6 Month CAGR | 3.4% |
Scheme Information
The fund seeks to benefit from opportunities available in the corporate bond market space at different points in time. Therefore,this fund invests based on short to medium term interest rate view and shape of the yield curve. It endeavors to invest approx 85% in long term AAA rated issuers and intend to maintain portfolio duration between 1.5 - 1.75 years. The fund is suitable for investors with 6 - 18 months investment horizon.
Expense Ratio | 0.68 |
Launched (23y ago) | Sep 14, 2000 |
AUM in Crores | 1762.110 |
ISIN | INF204K01EF9 |
Lock-in | No Lock-in |
Benchmark | NIFTY Corporate Bond TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.4 |
Standard Deviation (5yr) | 1.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.943 |
Sharpe Ratio (5yr) | 1.013 |
YTM | 7.92 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Corporate Bond Fund (Growth) | 8,56,981 | 1,24,369 | 6.5% | |
| 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
Compare Nippon India Corporate Bond Fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 49,144 cr | ||
₹ 13,831 cr | ||
₹ 18,485 cr | ||
₹ 12,884 cr | ||
₹ 49,144 cr |
About the AMC
Nippon Life India Asset Management Ltd
Nippon Life India Asset Management Ltd manages assets worth 241,571 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,377 debt and 32 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
31% | 14.9% | ||
4.1% | 6.8% | ||
4.1% | 6.6% | ||
30.8% | 16.5% | ||
4.1% | 5.5% |
Nippon India Corporate Bond Fund (G) Review
Nippon India Corporate Bond Fund (G) is a Corporate Bond Debt fund and has delivered an annualised return of 7.4% over a period of 22 years. The fund was previously known as Nippon India Prime Debt Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund manager’s name is null.
Nav of Nippon India Corporate Bond Fund (G) as of 3/31/2023 is ₹50.06 with the total AUM as of 4/1/2023 is ₹1762.11. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Corporate Bond Fund (G) was launched on Sep 14, 2000. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Nippon India Corporate Bond Fund (G) 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 (G) 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 (G) is rated as a 3 fund in Debt and delivered 4.7% 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 (G).
Frequently Asked Questions
What is Nippon India Corporate Bond Fund (G)?
How to invest in Nippon India Corporate Bond Fund (G)?
You can invest in Nippon India Corporate Bond Fund (G) 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 (G)?
The minimum sip amount for Nippon India Corporate Bond Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Nippon India Corporate Bond Fund (G) good to invest in?
As per Scripbox experts, Nippon India Corporate Bond Fund (G) is a Neutral fund. You can investNippon India Corporate Bond Fund (G) 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 (G)?
The expense ratio of the Nippon India Corporate Bond Fund (G) is 0.68% for regular plan.