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Nippon India Credit Risk Fund Direct Growth
DebtCredit RiskHigh Risk
Direct
NAV (20-Dec-24)
₹36.460.04%1D
Returns (Since Inception)
7.41%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹993 Cr
Expense Ratio
0.69%
ISIN
INF204K01A74
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
Nippon India Credit Risk Fund Direct Growth is a Credit Risk mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 11 months and 21 days, having been launched on 01-Jan-13.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹36.46, Assets Under Management (AUM) of 993.03 Crores, and an expense ratio of 0.69%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹36.46, Assets Under Management (AUM) of 993.03 Crores, and an expense ratio of 0.69%.
- Nippon India Credit Risk Fund Direct Growth has given a CAGR return of 7.41% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 92.63% in debts, and 7.10% in cash & cash equivalents.
- You can start investing in Nippon India Credit Risk Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
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
+9.04%
+7.57% (Cat Avg.)
3 Years
+7.38%
+9.06% (Cat Avg.)
5 Years
+6.06%
+6.60% (Cat Avg.)
10 Years
+6.84%
+6.06% (Cat Avg.)
Since Inception
+7.41%
— (Cat Avg.)
Portfolio Summaryas of 15th December 2024
| Debt | ₹919.83 Cr | 92.63% |
| Others | ₹73.19 Cr | 7.37% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹72.02 Cr | 7.24% |
| Summit Digitel Infrastructure Limited | Bond - Corporate Bond | ₹61.19 Cr | 6.15% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹50.79 Cr | 5.11% |
| Renew Solar Energy (Jharkhand Five) Private Limited | Bond - Corporate Bond | ₹49.4 Cr | 4.97% |
| Century Textiles And Industries Limited | Bond - Corporate Bond | ₹45.18 Cr | 4.54% |
| Shriram Housing Finance Limited 9.25% | Bond - Corporate Bond | ₹40.28 Cr | 4.05% |
| Prestige Projects Private Limited 11.75% | Bond - Corporate Bond | ₹40.07 Cr | 4.03% |
| Sandur Manganese And Iron Ores Limited (The) 11% | Bond - Corporate Bond | ₹39.63 Cr | 3.98% |
| Piramal Capital & Housing Finance Limited | Bond - Corporate Bond | ₹36.64 Cr | 3.68% |
| Delhi International Airport Limited | Bond - Corporate Bond | ₹35.47 Cr | 3.57% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹34.99 Cr | 3.52% |
| Triparty Repo | Cash - Repurchase Agreement | ₹32.88 Cr | 3.30% |
| Profectus Capital Private Limited | Bond - Corporate Bond | ₹26.35 Cr | 2.65% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹25.36 Cr | 2.55% |
| Nirma Limited | Bond - Corporate Bond | ₹25.26 Cr | 2.54% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹25.18 Cr | 2.53% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.14 Cr | 2.53% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹25.06 Cr | 2.52% |
| Vastu Finserv India Private Limited | Bond - Corporate Bond | ₹25.01 Cr | 2.51% |
| 8.75% Ashoka Buildcon Limited | Bond - Corporate Bond | ₹24.85 Cr | 2.50% |
| IIFL Finance Limited | Bond - Corporate Bond | ₹19.9 Cr | 2.00% |
| IndoStar Home Finance Private Limited 9.4% | Bond - Corporate Bond | ₹19.86 Cr | 2.00% |
| Lodha Developers Private Limited | Bond - Corporate Bond | ₹17.35 Cr | 1.74% |
| Net Current Assets | Cash | ₹16.51 Cr | 1.66% |
| Eris Lifesciences Limited | Bond - Corporate Bond | ₹15.1 Cr | 1.52% |
| Eris Lifesciences Limited | Bond - Corporate Bond | ₹15.08 Cr | 1.52% |
| 8.75% Ashoka Buildcon Limited | Bond - Corporate Bond | ₹10.93 Cr | 1.10% |
| Vivriti Capital Ltd. 9.65% | Bond - Corporate Bond | ₹10.84 Cr | 1.09% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹10.04 Cr | 1.01% |
| Fullerton India Home Finance Company Limited | Bond - Corporate Bond | ₹10.02 Cr | 1.01% |
| Vivriti Capital Private Limited | Bond - Corporate Bond | ₹9.97 Cr | 1.00% |
| Indostar Home Finance Private Limited | Bond - Corporate Bond | ₹9.92 Cr | 1.00% |
| SK Finance Limited | Bond - Corporate Bond | ₹9.9 Cr | 0.99% |
| VAJRA 012 TRUST | Bond - Asset Backed | ₹9.69 Cr | 0.97% |
| Trust Investment Advisors Private Limited | Cash - Commercial Paper | ₹9.69 Cr | 0.97% |
| U.P. Power Corporation Limited | Bond - Corporate Bond | ₹7.51 Cr | 0.75% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.1 Cr | 0.51% |
| Indostar Capital Finance Limited | Bond - Corporate Bond | ₹4.81 Cr | 0.48% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹4.41 Cr | 0.44% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹4.4 Cr | 0.44% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹4.4 Cr | 0.44% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹4.4 Cr | 0.44% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹4.4 Cr | 0.44% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹4.4 Cr | 0.44% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹4.4 Cr | 0.44% |
| 9.35% Telangana State Industrial Infrastructure Corporation Limited | Bond - Corporate Bond | ₹4.39 Cr | 0.44% |
| Renew Services Private Limited | Bond - Corporate Bond | ₹4 Cr | 0.40% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹2.69 Cr | 0.27% |
| Cash Margin - Ccil | Cash - Repurchase Agreement | ₹0.05 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
A
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹795.47 Cr | 79.96% |
| Bond - Gov't/Treasury | ₹127.91 Cr | 12.86% |
| Cash - Repurchase Agreement | ₹32.92 Cr | 3.31% |
| Cash | ₹16.51 Cr | 1.66% |
| Bond - Asset Backed | ₹9.69 Cr | 0.97% |
| Cash - Commercial Paper | ₹9.69 Cr | 0.97% |
| Mutual Fund - Open End | ₹2.69 Cr | 0.27% |
Risk & Performance Ratios
Standard Deviation
This fund
1.04%
Cat. avg.
6.91%
Lower the better
Sharpe Ratio
This fund
1.22
Cat. avg.
0.18
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
5.51
Higher the better
Fund Managers
KD
Kinjal Desai
Since May 2018
SB
Sushil Budhia
Since February 2020
Additional Scheme Detailsas of 15th December 2024
ISIN INF204K01A74 | Expense Ratio 0.69% | Exit Load 1.00% | Fund Size ₹993 Cr | Age 11 years 11 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark NIFTY Credit Risk 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 Credit Risk Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Credit Risk Fund Regular Growth Moderately High risk | 1.7% | 1.0% | ₹300.19 Cr | 7.3% |
| Bandhan Credit Risk Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹300.19 Cr | 8.4% |
| Aditya BSL Credit Risk Fund Regular Growth Moderately High risk | 1.5% | 3.0% | ₹920.60 Cr | 11.8% |
| Aditya BSL Credit Risk Fund Direct Growth Moderately High risk | 0.7% | 3.0% | ₹920.60 Cr | 12.8% |
| Baroda BNP Paribas Credit Risk Fund Regular Growth Moderately High risk | 1.6% | 1.0% | ₹170.37 Cr | 8.1% |
| Baroda BNP Paribas Credit Risk Fund Direct Growth Moderately High risk | 0.8% | 1.0% | ₹170.37 Cr | 8.9% |
| UTI Credit Risk Fund Regular Growth Moderately High risk | 1.6% | 1.0% | ₹313.43 Cr | 7.9% |
| Nippon India Credit Risk Fund Regular Growth High Risk | 1.5% | 1.0% | ₹993.03 Cr | 8.2% |
| SBI Credit Risk Fund Regular Growth High Risk | 1.6% | 3.0% | ₹2285.19 Cr | 8.0% |
| DSP Credit Risk Fund Regular Growth Moderately High risk | 1.1% | 1.0% | ₹188.93 Cr | 7.7% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,71,991 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 High Risk
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What is the current NAV of Nippon India Credit Risk Fund Direct Growth?
The NAV of Nippon India Credit Risk Fund Direct Growth, as of 20-Dec-2024, is ₹36.46.
What are the returns of Nippon India Credit Risk Fund Direct Growth?
The fund has generated 9.04% over the last 1 year and 7.38% 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 Credit Risk Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 92.63% in bonds, and 7.10% in cash and cash equivalents.
Who manages the Nippon India Credit Risk Fund Direct Growth?
The fund managers responsible for Nippon India Credit Risk Fund Direct Growth are:-
- Kinjal Desai
- Sushil Budhia
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.