Nippon India Credit Risk Fund Direct Growth

Nippon India Credit Risk Fund Direct Growth

NAV as on 28-03-2025

₹ 37.44

0.1%

1D

Inception Returns

7.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
71 people have invested ₹ 31.5L in Nippon India Credit Risk Fund Direct Growth in the last three months

About Nippon India Credit Risk Fund Direct Growth

Nippon India Credit Risk Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sushil Budhia, Kinjal Desai. This fund is suitable to keep your money safe.

Key Parameters

  1. Nippon India Credit Risk Fund Direct Growth has ₹993 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Nippon India Credit Risk Fund Direct Growth has given a CAGR return of 7.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.40%, 7.84% and 9.12% respectively.

Holdings

Nippon India Credit Risk Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Summit Digitel Infrastructure Limited, 7.02% Govt Stock 2031, Renew Solar Energy (Jharkhand Five) Private Limited, 7.32% Govt Stock 2030, Century Textiles And Industries Limited

Taxation

As it is a credit risk 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 Credit Risk Fund Direct Growth

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Credit Risk Fund Direct Growth has no lock in period.

Nippon India Credit Risk Fund Direct Growth Overview

Expense ratio0.7%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹993 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
88.56%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (28-Mar-25)

Period
Nippon India Credit Risk Fund Direct Growth
Credit Risk Index
1M
1%
0.7%
3M
2.5%
2.5%
6M
4.6%
4%
1Y
9.4%
8.1%
3Y
7.8%
9.5%
5Y
9.1%
7.5%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AA
48.8%

AAA
29.3%

A
21.9%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
75.6%
Government
15.4%
Cash Equivalent
9%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 988.9 Cr
₹ 979.7 Cr
₹ 980.9 Cr
  • AUM of the fund stands at 988.9 Cr as of Feb'25
  • AUM increased by 9.2 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Profectus Capital Private Limited's allocation increased from 0.15% to 2.68%
Profectus Capital Private Limited's allocation increased from 0.15% to 2.68%
8.75% Ashoka Buildcon Limited's allocation increased from 1.11% to 2.53%
8.75% Ashoka Buildcon Limited's allocation increased from 1.11% to 2.53%
U.P. Power Corporation Limited's allocation increased from 0.08% to 0.77%
U.P. Power Corporation Limited's allocation increased from 0.08% to 0.77%
Top Stocks sold last month
Renew Solar Energy (Jharkhand Five) Private Limited's allocation decreased from 4.97 % to 4.97 %
Renew Solar Energy (Jharkhand Five) Private Limited's allocation decreased from 4.97 % to 4.97 %
Piramal Capital & Housing Finance Limited's allocation decreased from 5.26 % to 3.74 %
Piramal Capital & Housing Finance Limited's allocation decreased from 5.26 % to 3.74 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 2.56 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 2.56 %
Cash allocation has gone up from 8.7% to 9%
Cash allocation has gone up from 8.7% to 9%
Debt allocation has gone down from 91% to 90.8%
Debt allocation has gone down from 91% to 90.8%

Top 2 Sectors in February were Corporate, Government

Feb'25
Corporate
76%
Government
15%
Jan'25
Corporate
74%
Government
17%
  • Debt & Cash

Holdings
Weight%
1M Change
Summit Digitel Infrastructure Limited
Summit Digitel Infrastructure Limited
5.96%
0%
7.02% Govt Stock 2031
7.02% Govt Stock 2031
5.11%
0%
Renew Solar Energy (Jharkhand Five) Private Limited
Renew Solar Energy (Jharkhand Five) Private Limited
4.91%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
4.67%
0%
Century Textiles And Industries Limited
Century Textiles And Industries Limited
4.51%
0%
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Sushil Budhia
Sushil Budhia
Fund Manager of Nippon India Credit Risk Fund Direct Growth, since 1 February 2020
Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India Credit Risk Fund Direct Growth, since 25 May 2018
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.15L Cr
as on 28-Feb-2025
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in

Mutual Fund Insights

Insights icon
In the last 3 years, DSP Credit Risk Fund Direct Plan Growth has given 16.83% return, outperforming this fund by 8.99% per annum.
Insights icon
In the last 5 years, DSP Credit Risk Fund Direct Plan Growth has given 11.49% return, outperforming this fund by 2.38% per annum.
Insights icon
In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 22.5% return, outperforming this fund by 13.1%.
Insights icon
This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.7% which is lower than the category average expense ratio of 1.2%.
Insights icon
Over the last 1 year, this fund has decreased expense ratio by 23.1% moving from 0.91 to 0.70.

Nippon India Credit Risk Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.47% since inception which is more than its category average return of 6.14%
AUM size ₹993 Cr

AUM size ₹993 Cr

This fund has AUM of ₹993 Cr which is less than its category average of ₹ 1204 Cr
Expense Ratio 0.7%

Expense Ratio 0.7%

This fund has an expense ratio of 0.7% which is less than its category average expense ratio of 1.16%

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Frequently Asked Questions for Nippon India Credit Risk Fund Direct Growth

The current NAV of Nippon India Credit Risk Fund Direct Growth is ₹37.44 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Nippon India Credit Risk Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.04%
1.04%
6 Month Returns
4.62%
4.62%
1 Year Returns
9.4%
9.4%
3 Years Returns
25.43%
7.84%
5 Years Returns
54.69%
9.12%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.7% as on March 2025
₹993 Cr as on March 2025
Summit Digitel Infrastructure Limited(5.96%), 7.02% Govt Stock 2031(5.11%), Renew Solar Energy (Jharkhand Five) Private Limited(4.91%), 7.32% Govt Stock 2030(4.67%), Century Textiles And Industries Limited(4.51%) as on March 2025
Corporate(75.86%), Government(17.44%), Cash Equivalent(6.7%) as on March 2025
Yield to Maturity is 9.01 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.01 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
48.81
AAA
29.26
A
21.93
Sushil Budhia, Kinjal Desai are the fund managers of Nippon India Credit Risk Fund Direct Growth
The Exit load of Nippon India Credit Risk Fund Direct Growth is 1%