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Fincash » Mutual Funds » Nippon India Credit Risk Fund

Nippon India Credit Risk Fund - G

NAV  ₹31.7306 ↑ 0.03  (0.09 %) as on 21 May 24

(Erstwhile Reliance Regular Savings Fund - Debt Plan)

Scheme Objective

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.

Nippon India Credit Risk Fund is a Debt - Credit Risk fund launched on 8 Jun 05. It is a fund with Moderate risk and has given a CAGR return of 6.3% since its launch.  Ranked 21 in Credit Risk category.  Return for 2023 was 7.9% , 2022 was 3.9% and 2021 was 13.5% .

Below is the key information for Nippon India Credit Risk Fund

NAV as on 21 May 24₹31.7306 ↑ 0.03  (0.09 %)
Net Assets (AUM) as on 30 Apr 2024 ₹1,024 Cr.
Launch Date8 Jun 2005
CategoryDebt - Credit Risk
Rating
TypeOpen Ended Fund
RiskModerate
Yield To Maturity9.05%
Effective Maturity2 Years 11 Days
Modified Duration1 Year 8 Months 19 Days
Alpha Ratio0.0
Expense Ratio1.64 %
Sharpe Ratio1.415
Information Ratio0.0
BenchmarkNot Available
ISININF204K01FQ3
AMCNippon Life Asset Management Ltd.
Min Investment ₹500
Min SIP Investment ₹100
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 21 May 24

DurationReturns
1 Month 0.6%
3 Month 2%
6 Month 3.8%
1 Year 7.5%
3 Year 8.4%
5 Year 4.7%
10 Year
15 Year
Since launch 6.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 7.9%
2022 3.9%
2021 13.5%
2020 -5.9%
2019 1.9%
2018 6.1%
2017 7%
2016 10%
2015 8.8%

Growth of 10k Over Years

DateValue
30 Apr 19₹10,000
30 Apr 20₹9,022
30 Apr 21₹9,851
30 Apr 22₹11,029
30 Apr 23₹11,659
30 Apr 24₹12,544
Nippon India Credit Risk Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash7.71%
Debt92.04%
Other0.25%
Nippon India Credit Risk Fund Asset Allocation

Sector Allocation

SectorValue
Corporate81.82%
Government10.21%
Cash Equivalent7.71%
RatingValue
A25.33%
AA47.1%
AAA27.57%
Nippon India Credit Risk Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Summit Digitel Infrastructure Limited
Debentures | -
6%₹60 Cr620
JSW Steel Limited
Debentures | -
5%₹55 Cr550
7.1% Govt Stock 2029
Sovereign Bonds | -
5%₹50 Cr5,000,000
7.06% Govt Stock 2028
Sovereign Bonds | -
5%₹50 Cr5,000,000
Indinfravit Trust
Debentures | -
5%₹49 Cr5,000
Godrej Properties Limited
Debentures | -
4%₹45 Cr4,500
Greenlam Industries Limited
Debentures | -
4%₹44 Cr450
Prestige Projects Private Limited 11.75%
Debentures | -
4%₹40 Cr4,000
Shriram Housing Finance Limited 9.25%
Debentures | -
4%₹40 Cr4,000
↑ 4,000
DLF Cyber City Developers Limited 8.4%
Debentures | -
4%₹40 Cr4,000
1 - 10 of 45
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Fund Managers

NameSinceTenure
Kinjal Desai25 May 185.86 Yr.
Sushil Budhia1 Feb 204.17 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Credit Risk Fund
Growth
₹31.7306
↑ 0.03
3.79 %7.52 %8.43 %4.69 %
Nippon India Credit Risk Fund
Quarterly Dividend, Payout
₹12.9778
↑ 0.01
3.74 %7.38 %8.36 %4.35 %
Nippon India Credit Risk Fund
Normal Dividend, Payout
₹17.4066
↑ 0.02
3.79 %7.52 %8.43 %4.69 %
Nippon India Credit Risk Fund
Quarterly Dividend, Reinvestment
₹12.9778
↑ 0.01
3.74 %7.38 %8.36 %4.35 %
Nippon India Credit Risk Fund
Normal Dividend, Reinvestment
₹17.4066
↑ 0.02
3.79 %7.52 %8.43 %4.69 %
Data as on 21 May 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.