VR Logo

5 star

Nippon India Corporate Bond Fund download report


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Nippon India Corporate Bond-G 2.18 0.01 0.21 0.77 1.81 1.47 3.54 6.29 6.56 7.08 7.64
VR Bond 1.12 -0.16 0.27 1.11 1.56 0.69 2.93 4.14 5.17 6.00 6.71
Debt: Corporate Bond 1.25 -0.02 0.21 0.71 1.59 0.72 2.37 5.95 6.28 6.96 7.41
Rank within category 1 2 8 6 3 2 2 8 7 8 4
Number of funds in category 22 22 22 22 22 22 21 19 14 12 9

As on 18-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Corporate Bond Fund  | Invest Online
5 star
Sep-00 3.54 6.29 6.56 0.63 1,915
ICICI Prudential Corporate Bond Fund  | Invest Now
4 star
Jun-09 3.56 6.54 6.76 0.58 15,042
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
Mar-97 3.16 6.87 7.13 0.46 13,321
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
4 star
Sep-07 2.99 6.04 6.77 0.66 8,667
Sundaram Corporate Bond Fund - Regular Plan
4 star
Dec-04 2.48 6.50 6.46 0.54 1,035

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.96 24-Mar-2020 - 31-Mar-2020 -1.35 12-Mar-2020 - 19-Mar-2020
Month 2.47 24-Mar-2020 - 23-Apr-2020 -1.45 15-Jan-2003 - 14-Feb-2003
Quarter 4.69 18-Sep-2001 - 18-Dec-2001 -1.69 13-May-2004 - 12-Aug-2004
Year 14.09 29-Nov-2000 - 29-Nov-2001 0.36 14-Oct-2003 - 13-Oct-2004

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India Corporate Bond-G 6.10 1.43 1.82 2.95 0.45 2.44
VR Bond 3.88 1.88 0.21 0.29 -- --
Debt: Corporate Bond 5.79 2.15 1.12 2.12 0.78 2.00
Rank within category 7 1 1 5 1 5
Number of funds in category 19 19 19 19 19 19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 54 83 54 66
Modified Duration (yrs) 1.73 1.78 1.57 1.80
Average Maturity (yrs) 2.18 2.25 1.96 2.41
Yield to Maturity (%) 7.29 7.29 4.95 6.80
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.59% Summit Digitel Infrastructure 16/06/2026 Debenture AAA 1.42 - 6.05 6.05
equal IndInfravit Trust 2038 Debenture AAA 2.48 - 5.10 5.10
up 8.39% Rajasthan State 15/03/2025 State Development Loan SOV 0.73 - 4.14 4.14
equal Shriram City Union Finance 21/09/2024 Floating Rate Notes AA 0.00 - 3.96 3.96
new 7.61% LIC Housing Fin. 30/07/2025 Debenture AAA 0.00 - 3.92 3.92
equal IndInfravit Trust 2038 Non Convertible Debenture AAA 0.65 - 2.56 3.84
down 6.24% State Bank of India Additional Tier 2 Bond AAA 2.47 - 4.74 3.28
equal 7.60% Grasim Industries 2024 Non Convertible Debenture AAA 1.30 - 2.90 2.90
equal 7.25% Punjab National Bank Additional Tier 2 Bond AA+ 0.38 - 2.82 2.82
equal 8.21% Haryana State 31/03/2026 State Development Loan SOV 0.00 - 2.78 2.78
equal 8.95% Jamnagar Utilities and Power 26/04/2023 Debenture AAA 1.31 - 2.65 2.65
equal 7.90% L&T Finance 2024 Non Convertible Debenture AAA 0.00 - 2.63 2.63
equal 6.19% Mahindra & Mahindra 2025 Debenture AAA 1.27 - 2.60 2.60
equal 6.40% John Deere Financial India 20/06/2025 Debenture AAA 0.00 - 2.51 2.51
new Varanasi Sangam Expressway 29/12/2034 Non Convertible Debenture AAA 0.00 - 2.49 2.49
equal 6.78% Virescent Renewable Energy Trust 15/11/2024 Non Convertible Debenture AAA 0.00 - 2.44 2.44
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 1.20 - 2.41 2.41
equal 7.69% National Bank Agr. Rur. Devp 29/05/2024 Non Convertible Debenture AAA 0.00 - 2.77 2.11
new 7.00% Reliance Industries 31/08/2022 Non Convertible Debenture AAA 0.00 - 2.09 2.09
down 9.00% Shriram Transport Finance Company 22/05/2023 Debenture AA+ 0.00 - 2.50 1.85
equal 8.76% Export-Import Bank 14/02/2023 Bonds AAA 0.00 - 1.85 1.85
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.89 - 1.83 1.83
equal 8.10% REC 25/06/2024 Non Convertible Debenture AAA 0.79 - 1.60 1.60
equal 8.60% India Grid Trust 31/08/2028 Non Convertible Debenture AAA 0.78 - 1.59 1.59
equal 8.45% ONGC Petro Additions 2023 Debenture AAA 0.78 - 1.58 1.58

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— Vivek Sharma since 01-Feb-2020

Education: Mr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).

Experience: He has been associated with Nippon India Mutual Fund since 2006.

Funds Managed:


0.01%

Change from previous, NAV as on 18-Aug-2022

Growth: ₹ 48.2639

IDCW Weekly: ₹ 17.0978

More

IDCW Quarterly: ₹ 11.8248

IDCW Monthly: ₹ 11.5881

IDCW Daily: ₹ 17.0959

IDCW: ₹ 15.4624

Bonus: ₹ 34.4696


Investment Strategy

The scheme seeks 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.

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 100
Min. No of Cheques 60
Min. Withdrawal (₹) 100
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 14-Sep-2000
Return Since Launch: 7.44%
Benchmark: NIFTY Corporate Bond Index B-III
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,915 Cr (As on 31-Jul-2022)
Expense Ratio: 0.63% (As on 31-Jul-2022)
Risk Grade: Low
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily18-Aug-20220.0018

 17-Aug-20220.0273
 12-Aug-20220.0059
 11-Aug-20220.0087
 10-Aug-20220.0138
 04-Aug-20220.0044
 02-Aug-20220.0121
 01-Aug-20220.0152
 29-Jul-20220.0113
 28-Jul-20220.0038
 27-Jul-20220.0004
 26-Jul-20220.0032
 25-Jul-20220.0152
 22-Jul-20220.0020
 21-Jul-20220.0006
 20-Jul-20220.0024
 19-Jul-20220.0032
 18-Jul-20220.0050
 14-Jul-20220.0022
 13-Jul-20220.0047
 12-Jul-20220.0051
 11-Jul-20220.0052
 07-Jul-20220.0030
 06-Jul-20220.0050
 05-Apr-20220.0072
IDCW Weekly17-Aug-20220.0419

 10-Aug-20220.0182
 02-Aug-20220.0428
 26-Jul-20220.0234
 19-Jul-20220.0151
 12-Jul-20220.0183
 05-Apr-20220.0236
 29-Mar-20220.0224
 22-Mar-20220.0205
 15-Mar-20220.0198
 02-Mar-20220.0011
 22-Feb-20220.0120
 15-Feb-20220.0559
 08-Feb-20220.0037
 25-Jan-20220.0221
 18-Jan-20220.0138
 11-Jan-20220.0130
 04-Jan-20220.0087
 28-Dec-20210.0009
 14-Dec-20210.0183
 07-Dec-20210.0210
 30-Nov-20210.0099
 23-Nov-20210.0147
 16-Nov-20210.0122
 09-Nov-20210.0273
IDCW Monthly20-Jul-20220.0504

 20-Apr-20220.0011
 21-Mar-20220.0259
 21-Feb-20220.0584
 20-Jan-20220.0351
 20-Dec-20210.0342
 22-Nov-20210.0323
 20-Oct-20210.0106
 20-Sep-20210.0509
 20-Aug-20210.0730
 20-Jul-20210.0642
 21-Jun-20210.0462
 20-May-20210.0778
 20-Apr-20210.0735
 22-Mar-20210.0273
 20-Jan-20210.0141
 21-Dec-20200.0300
 20-Nov-20200.0881
 20-Oct-20200.1090
 21-Sep-20200.0610
 20-Aug-20200.0260
 20-Jul-20200.1706
 22-Jun-20200.0799
 20-May-20200.0185
 20-Apr-20200.2071
IDCW Quarterly21-Mar-20220.0887

 20-Dec-20210.0745
 20-Sep-20210.1778
 21-Jun-20210.2115
 22-Mar-20210.0308
 21-Dec-20200.2674
 21-Sep-20200.2655
 22-Jun-20200.3474
 20-Mar-20200.2028
 20-Dec-20190.1046
 20-Sep-20190.2063
 20-Jun-20190.0855
 20-Mar-20190.1513
 20-Dec-20180.1588
 21-Sep-20180.1199
 20-Jun-20180.0622
 20-Mar-20180.0995
 20-Dec-20170.1023
 20-Sep-20170.1389
 20-Jun-20170.1420
 20-Mar-20170.1118
 20-Dec-20160.1597
 20-Sep-20160.1837
 20-Jun-20160.1632
 21-Mar-20160.1470
IDCW28-Mar-20160.1980

 29-Dec-20150.1464
 21-Sep-20150.4420
 29-Dec-20140.1645
 22-Sep-20140.4097

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Most-asked mutual fund queries answered

DateFri, 19-Aug-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot