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This is to inform you that scheme names have been changed for Nippon India ETFs with effect from 1st July 2022, for more details click on the Addendum. Thank you for your patronage!

​​​​​​​​​​​​​​​​​​​​​​​​​​​ ​​​​​Home Funds and Performance ​ Nippon India Corporate Bond Fund.​ ​​​​​​

Nippon India Corporate Bond Fund

An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. Relatively High interest rate risk and moderate Credit Risk.

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This product is suitable for investors who are seeking*:

  • Income over medium term
  • Investment predominantly in AA+ and above rated corporate bonds

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Fund Riskometer

Nippon India Corporate Bond Fund

Benchmark Riskometer

NIFTY Corporate Bond Index  B-III

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  • Investment Objective:
    To generate income through investments predominantly in debt instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (01 Jul 2022)47.6815


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NAV as on May 31, 2022: `47.5378

Performance of Nippon India Corporate Bond Fund as on 31/05/2022
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Nippon India Corporate Bond Fund3.396.206.627.44
B:NIFTY Corporate Bond Index  B-III3.207.397.23NA
AB:Crisil 10 Yr Gilt Index-3.884.084.31NA
Value of `10000 Invested
Nippon India Corporate Bond Fund10,33911,97813,78147,538
B:NIFTY Corporate Bond Index  B-III10,32012,38714,183NA
AB:Crisil 10 Yr Gilt Index9,61211,27612,350NA
Inception Date: Sep 14, 2000
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager: Vivek Sharma (Since Feb,2020)
NA has been mentioned as the benchmark data for corresponding period is not available.

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Vivek Sharma

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Ultra Short Duration Fund7.614.134.445.535.186.35
Nippon India ETF Nifty SDL 2026 Maturity4.324.27NANANANA
Nippon India ETF Nifty CPSE Bond Plus SDL - 2024 Maturity3.984.22NANANANA
Bottom 3
Nippon India Banking & PSU Debt Fund3.673.827.737.307.316.81
Nippon India Dynamic Bond Fund2.812.616.838.255.967.20
Nippon India Income Fund1.622.656.868.316.316.85

Note:

a.Mr. Vivek Sharma manages 10 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

Mr. Vivek Sharma has been managing Nippon India Ultra Short Duration Fund since Oct 2013, Nippon India Income Fund since Feb 2020, Nippon India Prime Debt Fund since Feb 2020, Nippon India Short Term Fund since Feb 2020, Nippon India Low Duration Fund since Feb 2020, Nippon India Banking & PSU Debt Fund since Jun 2020, Nippon India Dynamic Bond Fund since Jun 2020, Nippon India ETF Nifty CPSE Bond Plus SDL - 2024 Maturity since Mar 2021, Nippon India ETF Nifty SDL – 2026 Maturity since Mar 2021, Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund Since Mar 2022.

​Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investments. Returns for 1 year and above are compounded annualized(CAGR) and returns less than 1 year are simple annualized basis. 6 months simple annualized returns ​are provided for the schemes that are in existence for more than 6 months but have not completed 1 year.IDCW (if any) are assumed to be reinvested at the prevailing NAV. In case of Nippon India ETF Liquid BeES, returns are based on gross IDCW per unit declared by the Fund. Bonus (if any) declared has been adjusted.Face value of schemes is `10 per unit, except for the schemes as specified here. Face Value of Nippon India Liquid Fund, Nippon India Money Market Fund Nippon India Ultra Short Duration Fund, Nippon India Low Duration Fund and Nippon India ETF Liquid BeES is `1000 per unit. Face value of Nippon India ETF Junior BeES is `1.25 per unit. Face value of Nippon India Overnight Fund is `100 per unit. Face Value of Nippon India ETF Nifty BeES, Nippon India ETF Bank BeES, Nippon India ETF PSU Bank BeES, Nippon India ETF NV20, Nippon India ETF Hang Seng BeES, Nippon India ETF Gold BeES is `1 per unit. In case, the start/end date of the concerned period is non-business day, NAV of the previous date is considered for computation of returns. Performance details of closed ended and interval schemes are not provided since these are not comparable with other schemes. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan). ​​​​​​​​

Note:

##The Scheme Returns are inclusive of the impact of Segregation of portfolio in the respective schemes. For impact on NAV on account of Segregation of portfolio, please refer SID/KIM of the relevant Schemes​.

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Fund Details

  • Inception Date14 Sep 2000
  • Fund ManagerMr. Vivek Sharma
Current Investment Philosophy
    • 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.
Minimum Investment
1000.00

    and in multiples of Re.1 thereafter (for Growth Plan) For Other Plans & Options - Rs. 5,000 & in multiples of Re. 1 thereafter

Fund Manager
Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load**:

Nil

Exit load levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. For Special products registrations, load for each transaction is based on the load structure applicable as on the registration date.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • Income over medium term
  • Investment predominantly in AA+ and above rated corporate bonds

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

PRC Matrix

Potential Risk Class
Credit Risk Relatively Low (Class A) Moderate (Class B) Relatively High (Class C)
Interest Rate Risk
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III


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Details as on May 31 , 2022

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