Nippon India Corporate Bond Fund Growth

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Debt
Corporate Bond
Rating 4
Plan

49.64 +0.00 (0.01%) NAV as on 03 Feb, 2023

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)1625.43
CAGR 4.91%
Exit Load0.00%
Expense ratio0.68%
CategoryDebt
Min Investment1000
Min SIP100
Launch Date2000-09-14

Asset Allocation

Holdings As On - 04 February 2023

Name
Value (Cr)
Holding %

Summit Digitel Infrastructure Limited
82.33
5.20%

08.39 RJ UDAY 2025
78.56
4.97%

Shriram City Union Finance Limited
76.15
4.81%

Bajaj Finance Limited
74.96
4.74%

National Bank For Agriculture And Rural Development
74.84
4.73%

LIC Housing Finance Limited
74.80
4.73%

State Bank Of India
62.60
3.96%

7.38% Govt Stock 2027
55.32
3.50%

Grasim Industries Limited
54.99
3.48%

Mahindra And Mahindra Limited
49.70
3.14%

Peer Comparison

Fund Name
Nippon India Corporate Bond Fund Growth4.91%
Sundaram Corporate Bond Fund - Growth4.07%
Invesco India Corporate Bond Fund Regular Growth3.59%
Franklin India Corporate Debt Plan A Growth3.75%
DSP Corporate Bond Regular Growth2.72%

Risk & Volitility

Alpha 0.04%
Beta 0.74
Sharpe Ratio1.27
Std Deviation 1.43%
Tracking Error 1.01%

About Fund

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.

The Nippon India Corporate Bond Fund Growth has an AUM of 1625.43 crores & has delivered CAGR of 6.69% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.68%. The minimum investment in Nippon India Corporate Bond Fund Growth is Rs 1000 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Low & Moderate respectively.

The top holdings of the fund include Summit Digitel Infrastructure Limited, 08.39 RJ UDAY 2025, Shriram City Union Finance Limited & Bajaj Finance Limited.

Some of the similar funds are Nippon India Corporate Bond Fund Growth, Sundaram Corporate Bond Fund - Growth, Invesco India Corporate Bond Fund Regular Growth, Franklin India Corporate Debt Plan A Growth, DSP Corporate Bond Regular Growth. Nippon India Corporate Bond Fund Growth has a sharpe ratio of 1.27 & a standard deviation of 1.43%.