Item: Nippon India Corporate Bond Fund Direct Plan Growth Plan
Rating: 5
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Corporate Bond Fund Direct Plan Growth Plan

53.149 (0.030%)

NAV on May 31, 2023

Category Fixed income:
Corporate Bond

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 2,186 cr

Turnover Ratio 137.38%

Expense Ratio 0.34%

Exit Load -

Returns

1M: 0.85%
1Y: 7.72%
3M: 2.93%
3Y: 6.65%
6M: 4.25%
5Y: 7.31%

Min Investment 1,000

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ADDITIONAL INFO

Fund Manager Vivek Sharma (Since over 3 years) Kinjal Desai (Since about 5 years) Akshay Sharma (Since 6 months)

ISIN INF204K01C15

Fund Family Nippon India

Launch Date January 01, 2013

Benchmark NIFTY Corporate Bond TR INR

Avg. Maturity 3.87 years

Yield To Maturity (%) 7.58%

INVESTMENT OBJECTIVE

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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Top Rated
Top Performing

Top Corporate Bond Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Nippon India Corporate Bond Fund Direct Plan Growth Plan	53.149	7.72%	2,186 cr	0.34%	Low
ICICI Prudential Corporate Bond Fund Direct Plan Growth	26.459	7.57%	21,151 cr	0.32%	Below Average
Axis Corporate Debt Fund Direct Growth	15.241	7.41%	4,691 cr	0.22%	Average
HDFC Corporate Bond Fund -Direct Plan - Growth Option	28.136	7.37%	26,797 cr	0.32%	Average
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth	97.110	7.27%	16,936 cr	0.29%	Average
Kotak Corporate Bond-Direct Plan-Growth Option	3334.676	6.83%	10,131 cr	0.33%	Low
Franklin India Corporate Debt Direct Growth	90.732	6.70%	766 cr	0.21%	Below Average

Best Corporate Bond Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HSBC Corporate Bond Fund Direct Plan Growth Plan	66.537	8.29%	7,121 cr	0.29%	Above Average
Nippon India Corporate Bond Fund Direct Plan Growth Plan	53.149	7.72%	2,186 cr	0.34%	Low
ICICI Prudential Corporate Bond Fund Direct Plan Growth	26.459	7.57%	21,151 cr	0.32%	Below Average
Axis Corporate Debt Fund Direct Growth	15.241	7.41%	4,691 cr	0.22%	Average
HDFC Corporate Bond Fund -Direct Plan - Growth Option	28.136	7.37%	26,797 cr	0.32%	Average
Baroda BNP Paribas Corporate Bond Fund Direct Plan Growth Option	24.768	7.28%	141 cr	0.19%	Average
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth	97.110	7.27%	16,936 cr	0.29%	Average