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Nippon India Corporate Bond Fund Direct Growth
DebtCorporate BondModerate Risk
Direct
NAV (21-Nov-24)
₹59.510.01%1D
Returns (Since Inception)
7.99%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹6,312 Cr
Expense Ratio
0.35%
ISIN
INF204K01C15
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Nippon India Corporate Bond Fund Direct Growth is a Corporate Bond mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹59.51, Assets Under Management (AUM) of 6312.17 Crores, and an expense ratio of 0.35%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹59.51, Assets Under Management (AUM) of 6312.17 Crores, and an expense ratio of 0.35%.
- Nippon India Corporate Bond Fund Direct Growth has given a CAGR return of 7.99% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 94.10% in debts, and 5.76% in cash & cash equivalents.
- You can start investing in Nippon India Corporate Bond Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.97%
+7.76% (Cat Avg.)
3 Years
+6.89%
+5.75% (Cat Avg.)
5 Years
+7.22%
+6.14% (Cat Avg.)
10 Years
+7.75%
+6.39% (Cat Avg.)
Since Inception
+7.99%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Debt | ₹5,939.46 Cr | 94.10% |
| Others | ₹372.71 Cr | 5.90% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹751.89 Cr | 11.91% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹214.43 Cr | 3.40% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹209.75 Cr | 3.32% |
| Triparty Repo | Cash - Repurchase Agreement | ₹151.13 Cr | 2.39% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹149.76 Cr | 2.37% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹135.61 Cr | 2.15% |
| Net Current Assets | Cash | ₹132.85 Cr | 2.10% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹125.35 Cr | 1.99% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹124.63 Cr | 1.97% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹119.67 Cr | 1.90% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹115.91 Cr | 1.84% |
| Reliance Jio Infratel Private Limited | Bond - Corporate Bond | ₹111.45 Cr | 1.77% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹111.26 Cr | 1.76% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹109.66 Cr | 1.74% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹105.88 Cr | 1.68% |
| 7.72% Nexus Select Trust - Reit | Bond - Corporate Bond | ₹105.09 Cr | 1.66% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹101 Cr | 1.60% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹100.82 Cr | 1.60% |
| Mahindra & Mahindra Financial Services Ltd | Bond - Corporate Bond | ₹100.67 Cr | 1.59% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹100.11 Cr | 1.59% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹99.47 Cr | 1.58% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹98.65 Cr | 1.56% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹98.38 Cr | 1.56% |
| State Bank Of India | Bond - Corporate Bond | ₹98.27 Cr | 1.56% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹95.47 Cr | 1.51% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹91.78 Cr | 1.45% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹84.88 Cr | 1.34% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹79.92 Cr | 1.27% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹78.36 Cr | 1.24% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹76.09 Cr | 1.21% |
| 7.4% State Government Securities | Bond - Gov't/Treasury | ₹76.02 Cr | 1.20% |
| Highways Infrastructure Trust | Bond - Corporate Bond | ₹75.84 Cr | 1.20% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹75.66 Cr | 1.20% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹75.53 Cr | 1.20% |
| Rec Limited 7.34% | Bond - Corporate Bond | ₹75.01 Cr | 1.19% |
| 07.10 Up SDL 2030 | Bond - Gov't/Treasury | ₹75 Cr | 1.19% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹55.33 Cr | 0.88% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹54.95 Cr | 0.87% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹50.72 Cr | 0.80% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.61 Cr | 0.80% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹50.49 Cr | 0.80% |
| Tata Capital Limited | Bond - Corporate Bond | ₹50.39 Cr | 0.80% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹50.23 Cr | 0.80% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹50.21 Cr | 0.80% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹50.13 Cr | 0.79% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹50.11 Cr | 0.79% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.09 Cr | 0.79% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹50.01 Cr | 0.79% |
| Small Industries Development Bank of India 7.44% | Bond - Corporate Bond | ₹49.98 Cr | 0.79% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹49.96 Cr | 0.79% |
| State Bank Of India | Bond - Corporate Bond | ₹48.88 Cr | 0.77% |
| 07.76 MH Sgs 2030 | Bond - Gov't/Treasury | ₹46.43 Cr | 0.74% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹45.71 Cr | 0.72% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹45.05 Cr | 0.71% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹40.03 Cr | 0.63% |
| SBI General Insurance Company Limited | Bond - Corporate Bond | ₹35.49 Cr | 0.56% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹35.27 Cr | 0.56% |
| National Housing Bank | Bond - Corporate Bond | ₹35.16 Cr | 0.56% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹31.14 Cr | 0.49% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹30.49 Cr | 0.48% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹30.17 Cr | 0.48% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹29.95 Cr | 0.47% |
| India Grid TRust | Bond - Corporate Bond | ₹29.52 Cr | 0.47% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹26.18 Cr | 0.41% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹26.08 Cr | 0.41% |
| Rec Limited | Bond - Corporate Bond | ₹26 Cr | 0.41% |
| 07.86 MH Sdl 2030 | Bond - Gov't/Treasury | ₹25.87 Cr | 0.41% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹25.77 Cr | 0.41% |
| Tata Capital Limited | Bond - Corporate Bond | ₹25.73 Cr | 0.41% |
| 07.67 Tn SDL 2030 | Bond - Gov't/Treasury | ₹25.71 Cr | 0.41% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹25.7 Cr | 0.41% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.54 Cr | 0.40% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹25.3 Cr | 0.40% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.21 Cr | 0.40% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.15 Cr | 0.40% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹25.1 Cr | 0.40% |
| Titan Company Limited | Bond - Corporate Bond | ₹25.02 Cr | 0.40% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹25.01 Cr | 0.40% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹24.94 Cr | 0.40% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.88 Cr | 0.39% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹23.97 Cr | 0.38% |
| Tata Capital Limited | Bond - Corporate Bond | ₹20.18 Cr | 0.32% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.09 Cr | 0.32% |
| Ntpc Limited | Bond - Corporate Bond | ₹18.05 Cr | 0.29% |
| 7.68% Tata Capital Limited | Bond - Corporate Bond | ₹14.92 Cr | 0.24% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹10.1 Cr | 0.16% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹10 Cr | 0.16% |
| Nhpc Limited | Bond - Corporate Bond | ₹10 Cr | 0.16% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹8.39 Cr | 0.13% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.08% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹5.02 Cr | 0.08% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5 Cr | 0.08% |
| Cash Margin - Ccil | Other Assets And Liabilities | ₹0.46 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating (08/01/2025) (Fv 2500 Lacs) | Interest Rate Swap | ₹0.01 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹4,223.02 Cr | 66.90% |
| Bond - Gov't/Treasury | ₹1,646.56 Cr | 26.09% |
| Cash - Repurchase Agreement | ₹151.13 Cr | 2.39% |
| Bond - Asset Backed | ₹149.76 Cr | 2.37% |
| Cash | ₹132.85 Cr | 2.10% |
| Mutual Fund - Open End | ₹8.39 Cr | 0.13% |
| Other Assets And Liabilities | ₹0.46 Cr | 0.01% |
| Interest Rate Swap | ₹0.01 Cr | 0.00% |
| Bond - Sub-sovereign Government Debt | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
1.11%
Cat. avg.
1.50%
Lower the better
Sharpe Ratio
This fund
0.73
Cat. avg.
-0.26
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.24
Higher the better
Fund Managers
Vivek Sharma
Since February 2020
KD
Kinjal Desai
Since May 2018
Additional Scheme Detailsas of 15th November 2024
ISIN INF204K01C15 | Expense Ratio 0.35% | Exit Load No Charges | Fund Size ₹6,312 Cr | Age 11 years 10 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Corporate Bond TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Corporate Bond Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| TrustMF Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹74.84 Cr | 7.8% |
| TrustMF Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹74.84 Cr | 8.2% |
| Baroda BNP Paribas Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹202.85 Cr | 8.5% |
| Bandhan Corporate Bond Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹14098.42 Cr | 7.9% |
| Bandhan Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹14098.42 Cr | 7.6% |
| HDFC Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹32510.60 Cr | 8.6% |
| Sundaram Corporate Bond Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹740.39 Cr | 8.2% |
| Franklin India Corporate Debt Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹764.91 Cr | 7.6% |
| Nippon India Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹6312.17 Cr | 8.6% |
| Union Corporate Bond Fund Regular Growth Moderate Risk | 0.7% | 1.0% | ₹279.48 Cr | 8.2% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,78,235 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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What is the current NAV of Nippon India Corporate Bond Fund Direct Growth?
The NAV of Nippon India Corporate Bond Fund Direct Growth, as of 21-Nov-2024, is ₹59.51.
What are the returns of Nippon India Corporate Bond Fund Direct Growth?
The fund has generated 8.97% over the last 1 year and 6.89% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Corporate Bond Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 94.10% in bonds, and 5.76% in cash and cash equivalents.
Who manages the Nippon India Corporate Bond Fund Direct Growth?
The fund managers responsible for Nippon India Corporate Bond Fund Direct Growth are:-
- Vivek Sharma
- Kinjal Desai
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.