Nippon India Corporate Bond Fund Direct Growth
NAV as on 17-04-2025
₹ 62.25
▲0.2%
1D
Inception Returns
8.1%
/yr
Historical NAV & Returns
About Nippon India Corporate Bond Fund Direct Growth
Nippon India Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Vivek Sharma. This fund is suitable to keep your money safe.
Key Parameters
- Nippon India Corporate Bond Fund Direct Growth has ₹6738 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Nippon India Corporate Bond Fund Direct Growth has given a CAGR return of 8.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.38%, 8.05% and 7.42% respectively.
Holdings
Nippon India Corporate Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 6.79% Government Of India (07/10/2034), Jamnagar Utilities And Power Private Limited, INDIA UNIVERSAL TRUST AL2, INDIA UNIVERSAL TRUST AL1
Taxation
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Nippon India Corporate Bond Fund Direct Growth
To generate income through investments predominantly in debt instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Nippon India Corporate Bond Fund Direct Growth has no lock in period.
Nippon India Corporate Bond Fund Direct Growth Overview
| Expense ratio | 0.36% |
Benchmark | NIFTY Corporate Bond TR INR |
| AUM | ₹6738 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 154.52% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (17-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 6.7K Cr as of Mar'25
- AUM increased by 240.5 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2034 | 10.04% | -7.1% | |
6.79% Government Of India (07/10/2034) | 3.69% | 69% | |
Jamnagar Utilities And Power Private Limited | 2.63% | 75% | |
INDIA UNIVERSAL TRUST AL2 | 2.2% | 0% | |
INDIA UNIVERSAL TRUST AL1 | 2.17% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Nippon India Corporate Bond Fund Direct Growth | 10.38% | 8.05% | 7.42% | 8.11% |
 Axis Corporate Bond Fund Direct Growth | 10.29% | 7.92% | 7.66% | 7.75% |
 Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth | 10.14% | 7.8% | 7.5% | 8.33% |
 SBI Corporate Bond Fund Direct Growth | 9.99% | 7.44% | 6.9% | 7.63% |
Mutual Fund Insights
Nippon India Corporate Bond Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹6738 Cr
Expense Ratio 0.36%
Frequently Asked Questions for Nippon India Corporate Bond Fund Direct Growth
Nippon India Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.33% | 2.33% |
6 Month Returns | 5.09% | 5.09% |
1 Year Returns | 10.38% | 10.38% |
3 Years Returns | 26.14% | 8.05% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |