Nippon India Corporate Bond Fund Direct Plan Growth Plan - Latest NAV ₹46.5466, Returns, Performance & Portfolio

Nippon India Corporate Bond Fund Direct Plan Growth Plan

  • highlight
    8.24%
  • highlight
    46.5466

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.11 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.24%
3 Years8.14%
1 Year7.78%
6 Months3.47%
Fund Details
ISININF204K01C15
RiskModerate Risk
Fund TypeCorporate Bond
NAV46.5466
Exit Load--

More about this fundstar

Top HoldingsWeightage
Embassy Office Parks Reit6.37%
8.62% Maharashtra SDL 20235.99%
Small Industries Development Bank of India5.15%
State Bank Of India5.11%
Indian Railway Finance Corporation Limited3.1%
LIC Housing Finance Limited3.02%
Reliance Utilities and Power Private Limited2.72%
Rural Electrification Corporation Limited2.62%
Mahindra & Mahindra Limited2.6%
NTPC Limited2.58%

About Nippon India Prime Debt Fund

Nippon India Prime Debt Fund, an open-ended debt scheme, invests in AA+ and above rated corporate bonds. The fund aims at generating income by investing in debt instruments that have different maturities. It maximises income, while striking a balance between yield, liquidity, and safety.

Pros and Cons of Nippon India Prime Debt Fund

The fund comes with a zero-exit load. In addition, the historical data states that the three-year and five-year returns from the fund has been higher than the category average returns. Also, the fund comes with a moderate risk profile. However, you must keep in mind that the asset under management of the fund is yet to reach the benchmark of Rs.500 crore.

Fund Information and Statistics

i) Inception/Launch Date Nippon India Prime Debt Fund was initiated on 14 September 2000.

ii) Risk Level Nippon India Prime Debt Fund involves a moderate risk profile and is suitable for those seeking income over medium term. The scheme invests in corporate bond market at different points in time. The funds are allocated based on short to medium term interest rate view and shape of the yield curve.

iii) Redemption The fund does not have a lock-in period. You can redeem the units at any time without having to worry about the extra cost it may add. However, the fund looks at an investment horizon of 6 to 12 months.

iv) Fund Manager Mr Vivek Sharma is working as the Fund Manager for Nippon India Prime Debt Fund.

v) Entry/Exit Load As per the SEBI order dated 30 June 2009, entry load will not be charged by the scheme to the investor. Alongside, no exit load will be levied on the units redeemed.

About Nippon India Mutual Fund

Nippon India Mutual Fund (NIMF), a leading fund house in India, was incorporated as an asset management company on 24 February 1995. The company had assets worth Rs 2.04 lakh crore under management as of March 2020. NIMF has Nippon Life India Trustee Limited (NLITL) as its trustee company and Nippon Life Insurance Company as the sponsor.

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Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.11 Lakhs in a period of 20 years
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns