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​​​​​​​​​​​​ ​​​​​Home Funds and Performance Nippon India Credit Risk Fund.​ ​​​​​​​

Nippon India Credit Risk Fund (Number of Segregated Portfolios- 2)

An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds)

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This product is suitable for investors who are seeking*:

  • Income over medium term.
  • Investment predominantly in AA and below rated corporate bonds

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

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  • Investment Objective:
    The primary investment objective of this option is to generate optimal returns consistent with a 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.

Fund PerformanceGrowth Plan Growth Option

  • Latest NAV (14 May 2021)24.8621


NAV as on Apr 30, 2021: ` 24.7922

Performance of Nippon India Credit Risk Fund as on 30/04/2021
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Nippon India Credit Risk Fund 9.19
0.923.565.88
B: NIFTY Credit Risk Bond Index12.02
9.318.899.03
AB: Crisil 10 Yr Gilt Index4.389.427.306.63
Value of `10000 Invested
Nippon India Credit Risk Fund 10,919 10,279 11,912 24,792
B: NIFTY Credit Risk Bond Index 11,202 13,073 15,316 39,531
AB: Crisil 10 Yr Gilt Index 10,438 13,115 14,231 27,741
Inception Date: Jun 08, 2005
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager: Sushil Budhia (Since Feb,2020)
The scheme returns are inclusive of the impact of segregation of portfolio. For complete details, please refer SID/KIM of the Scheme. Segregated Portfolio 1 - Impact of segregation on NAV is negative (0.56%). Further, an amount of 4.30% of our total exposure in Vodafone Idea Limited has been realized on Sep 16, 2020. The annual coupon amounting Rs 6.98 cr received on Jan 27, 2021.
Segregated Portfolio 2 - No impact of segregation on NAV beyond fair valuation of securities done on March 5,2020.

PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER​ : Sushil Budhia

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Equity Hybrid Fund46.7736.430.9911.667.2313.34
Nippon India Balanced Advantage Fund30.0636.438.0011.6611.7313.34
Nippon India Equity Savings Fund17.4119.56-3.519.202.179.75
Bottom 3
Nippon India Hybrid Bond Fund12.0913.980.3310.453.439.83
Nippon India Short Term Fund8.398.248.118.757.588.09
Nippon India Strategic Debt Fund3.6011.92-8.249.20-2.109.06

​Note:

a. Sushil Budhia manages 9 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) .

*The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using IDCW Reinvestment NAV's..

​Sushil Budhia has been managing Nippon India Credit Risk Fund since Feb 2020,Nippon India Strategic Debt Fund since Feb 2020, Nippon India Hybrid Bond Fund since Feb 2020, Nippon India Equity Hybrid Fund since Feb 2020, Nippon India Equity Savings Fund since Feb 2020, Nippon India Balanced Advantage Fund since Mar 2021, Nippon India Short Term Fund since Mar 2021,Nippon India Multi Asset Fund since Mar 2021, Nippon India Asset Allocator FoF since Mar 2021.

​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 yearare simple annualized basis. 6 months simple annualized returnsare provided for the schemes that are in existence for more than 6 months but have not completed 1 year.Dividend (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of IDCW option would be net of dividend distribution tax, if any. 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 Date8 Jun 2005
  • Fund ManagerMr. Sushil Budhia
Current Investment Philosophy
    • The Fund focuses on maximizing accrual with increased allocation to AA- and below segment, while maintaining duration of 1.5 - 2.5 years.
    • Core mandate is to generate returns through accrual, hence low duration profile.
    • Emphasis is on credit risk diversification.
Minimum Investment
500.00

    and 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:**

10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units. Any redemption in excess of such limit in the first 12 months from the date of allotment shall be subject to the following exit load. Redemption of units would be done on First in First out Basis (FIFO):

1% - on or before completion of 12 months from the date of allotment of units.

Nil - after 12 months from the date of allotment of units.

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.

Not applicable for Segregated Portfolio

Product label

This product is suitable for investors who are seeking*:

  • Income over medium term.
  • Investment predominantly in AA and below rated corporate bonds

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



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Details as on Apr 30 , 2021

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Other funds in such category

Nippon India Strategic Debt Fund (Number of Segregated Portfolios - 2) An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 4 years. (Please refer to the page number 14 of the Scheme Information Document on which the concept of Macaulay’s Duration has been explained)-Growth Plan

Latest NAV

10.7905 14-May-2021

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