1 LakhInvestment declined to
₹ 10000Monthly SIP Grown to
"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."
Taxability of earnings:
|CCIL T Bill Liquidity Weight||1.88||0.03||0.04||0.17||0.43||1.08||2.05||--||--||--||--|
|Debt: Credit Risk||8.54||0.01||0.09||0.41||3.33||5.35||9.12||--||--||--||--|
As on 03-Dec-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Nippon India Credit Risk Fund - Segregated Portfolio 1 - Regular Plan||Feb-20||-16.27||--||--||--||23|
|HDFC Credit Risk Debt Fund - Regular Plan | Invest Online||Mar-14||7.46||9.04||7.47||1.61%||8,757|
|ICICI Prudential Credit Risk Fund | Invest Now||Dec-10||6.66||8.69||7.72||1.55%||8,304|
|SBI Credit Risk Fund | Invest Online||Jul-04||5.32||7.26||6.72||1.55%||3,341|
|Aditya Birla Sun Life Credit Risk Fund - Regular Plan | Invest Online||Apr-15||6.90||6.08||6.26||1.92%||1,441|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||0.34||31-Mar-2021 - 09-Apr-2021||-24.57||22-Jan-2021 - 29-Jan-2021|
|Month||1.05||29-Jan-2021 - 01-Mar-2021||-24.12||28-Dec-2020 - 27-Jan-2021|
|Quarter||2.91||31-Mar-2021 - 02-Jul-2021||-23.04||02-Nov-2020 - 01-Feb-2021|
|Year||-16.21||02-Dec-2020 - 02-Dec-2021||-21.04||18-Feb-2020 - 17-Feb-2021|
|CCIL T Bill Liquidity Weight*||3.18||0.40||-1.54||-4.30||--||--|
|Debt: Credit Risk*||3.00||7.15||0.57||0.71||-5.08||-3.88|
The Risk Measures have been calculated using calendar month returns for the last three years.
* As on 30-Nov-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||1||1||1||29|
|Modified Duration (yrs)||--||--||--||--|
|Average Maturity (yrs)||0.24||1.16||0.24||--|
|Yield to Maturity (%)||2.81||2.81||2.81||--|
|Avg Credit Rating||B||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|8.04% Vodafone Idea 27/01/2022||Debenture||B-||0.00 - 93.62||91.97|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Oct-2021
Education: Mr. Budhia has done CA
Experience: Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.
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.
|Minimum Investment (₹)||500|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||100|
|Minimum Balance (₹)||1|
|Lock-in Period||Not Applicable|
|Fund House:||Nippon India Mutual Fund|
|Return Since Launch:||-91.28%|
|Benchmark:||NIFTY Credit Risk Bond Index|
|Assets:||₹ 23 Cr (As on 31-Oct-2021)|
|Expense:||-- (As on )|
AMC: Nippon Life India Asset Management Ltd.
Address: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai - 400013
Phone: 022-68334800 / 18602660111
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]