Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
Nippon India Credit Risk Fund - Direct Plan
|
High
|
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0.70 |
|||
Moderately High
|
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0.96 |
||||
High
|
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0.77 |
||||
High
|
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0.89 |
||||
Moderately High
|
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0.67 |
₹1,030 Cr
1.00 (365)
500
100
100
60
Investment Strategy
The scheme aims to generate optimal returns consistent with moderate levels of risk. It will invest atleast 65 per cent of its assets in debt instruments with maturity of more than 1 year and the rest in money market instruments (including cash or call money and reverse repo) and debentures with maturity of less than 1 year. The exposure in government securities will generally not exceed 50 percent of the assets.
Suitability
"Credit risk funds invest mainly in bonds which are rated AA or below by credit rating agencies. The lower rating indicates a higher possibility of these bonds defaulting on repayment of investors' money. Therefore, these funds are the riskiest among debt fund categories. But they compensate for this additional risk with a higher return potential as these bonds offer better rates of interest than the highest rated bonds.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."
Capital Gains Taxation
Dividend Taxation
2 min read•By Research Desk
Nippon India Credit Risk Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in corporate bonds rated AA and below.
Mutual funds can be bought directly from the website of the fund house. For instance, Nippon India Credit Risk Fund - Direct Plan fund can be purchased from the website of Nippon India Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Nippon India Credit Risk Fund - Direct Plan is ₹35.3497 as of 14-Aug-2024.
The AUM of Nippon India Credit Risk Fund - Direct Plan Fund is ₹1,030 Cr as of 31-Jul-2024
The riskometer level of Nippon India Credit Risk Fund - Direct Plan is High. See More
Company | Percentage of Portfolio |
---|---|
Summit Digitel Infrastructure Pvt. Ltd Debenture 6.59 16/06/2026 |
5.90
|
GOI GOI Sec 7.10 18/04/2029 |
4.90
|
GOI Sec 7.06 10/04/2028 |
4.89
|
JSW Steel Ltd Debenture 8.50 12/10/2027 |
4.88
|
IndInfravit Trust FRB 31/03/2040 |
4.72
|
As of 31-Jul-2024, Nippon India Credit Risk Fund - Direct Plan had invested 92.02% in Debt and 7.98% in Cash & Cash Eq. See More
Nippon India Credit Risk Fund - Direct Plan is 11 years 7 months old. It has delivered 7.35% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
8.61%
|
7.16%
|
5.60%
|
5.48%
|
6.96%
|
7.35%
|
No, There is no lock in period in Nippon India Credit Risk Fund - Direct Plan.
The expense ratio of Nippon India Credit Risk Fund - Direct Plan is 0.70.