Nippon India Corporate Bond Fund - IDCW - Direct Plan

Item: Nippon India Corporate Bond Fund - IDCW - Direct Plan
Rating: 3
Author: PersonalFN

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₹19.2543 0.04 %Nav, as on 12-03-2025
Previous Nav
₹ 19.2473
Net Change on 12-03-2025
₹0.01
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 6,497.76
Expense Ratio
0.36%
(As on Feb 28, 2025)

Fund Overview IDCW | Direct Plan

Fund House
Nippon India Mutual Fund
Launch Date
19-Dec-2013
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
100
Minimum STP Investment (₹)
100
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
21.71
52 Week Low Nav Date
12-Mar-2024
52 Week High Nav (₹)
23.46
52 Week High Nav Date
10-Mar-2025

Fund 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 Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - IDCW Option	4.16	5.74	8.10	7.17	7.02	7.40
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Corporate Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - IDCW Option	Dec 19, 2013	8.10	7.17	7.02	0.36	6,497.76
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW	Jan 15, 2013	7.97	7.34	7.06	0.35	29,545.49
ICICI Prudential Corporate Bond Fund - Direct Plan - Quarterly IDCW	Jan 14, 2013	7.97	7.34	7.08	0.35	29,545.49
SBI Corporate Bond Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	Feb 01, 2019	7.97	6.63	6.50	0.34	20,671.63
SBI Corporate Bond Fund - Direct Plan - Quarterly Income Distribution cum Capital Withdrawal Option (IDCW)	Feb 01, 2019	7.97	6.63	6.51	0.34	20,671.63
Kotak Corporate Bond Fund- Direct Plan- Monthly Payout of Income Distribution cum capital withdrawal option	Jan 11, 2013	8.14	6.91	6.67	0.34	14,448.90

Fund Holdings as on 28-February-2025

Company % Assets
7.1% Government of India
11.08
6.79% Government of India
3.79
Reverse Repo
3.08
7.32% Government of India
3.01
India Universal Trust**
2.29
India Universal Trust**
2.25
7.18% Government of India
2.12
7.75% LIC Housing Finance Limited**
2.08
8.24% Mahindra & Mahindra Financial Services Limited**
1.99
7.34% Small Industries Dev Bank of India**
1.99
7.62% National Bank For Agriculture and Rural Development**
1.98
7.34% REC Limited**
1.92
Net Current Assets
1.79
7.89% Summit Digitel Infrastructure Limited**
1.71
7.64% National Bank For Agriculture and Rural Development**
1.62
7.72% Nexus Select Trust - REIT**
1.62
7.9% Jamnagar Utilities & Power Private Limited**
1.55
8.4% HDB Financial Services Limited**
1.55
7.73% Embassy Office Parks REIT**
1.54
7.47% Small Industries Dev Bank of India**
1.54
7.4% Summit Digitel Infrastructure Limited**
1.53
6.24% State Bank of India
1.52
8.45% Indian Railway Finance Corporation Limited**
1.51
7.89% Bajaj Housing Finance Limited
1.41
6.59% Summit Digitel Infrastructure Limited**
1.37
8.05% Tata Capital Housing Finance Limited**
1.32
7.44% National Bank For Agriculture and Rural Development**
1.31
7.98% Bajaj Finance Limited**
1.24
7.59% Power Finance Corporation Limited**
1.20
7.4% State Government Securities
1.17
7.02% Government of India
1.17
7.64% Power Finance Corporation Limited**
1.17
8.34% Highways Infrastructure Trust**
1.16
7.67% LIC Housing Finance Limited**
1.16
7.79% Small Industries Dev Bank of India**
1.16
8.06% Toyota Financial Services India Limited**
1.16
7.71% Tata Capital Housing Finance Limited**
1.08
7.86% Tata Capital Housing Finance Limited
0.93
7.77% Power Finance Corporation Limited**
0.85
7.62% National Bank For Agriculture and Rural Development**
0.85
Triparty Repo
0.79
7.83% Small Industries Dev Bank of India**
0.78
7.94% ICICI Home Finance Company Limited**
0.77
7.45% Indian Railway Finance Corporation Limited**
0.77
7.78% Kotak Mahindra Prime Limited**
0.77
7.59% REC Limited**
0.77
7.49% Indian Railway Finance Corporation Limited**
0.77
7.9% Aditya Birla Housing Finance Limited
0.77
7.8% HDFC Bank Limited
0.77
7.44% Small Industries Dev Bank of India**
0.77
7.56% Bajaj Housing Finance Limited**
0.77
7.24% Power Finance Corporation Limited
0.76
5.83% State Bank of India**
0.76
7.76% State Government Securities
0.72
7.96% Mindspace Business Parks REIT**
0.70
7.63% National Bank For Agriculture and Rural Development**
0.62
8.22% Tata Capital Limited**
0.62
7.96% Embassy Office Parks REIT**
0.54
7.59% National Housing Bank**
0.54
8.37% REC Limited**
0.48
7.85% Power Finance Corporation Limited**
0.47
7.8% National Bank For Agriculture and Rural Development
0.46
6.72% IndiGrid Infrastructure Trust**
0.45
6.95% Power Finance Corporation Limited**
0.45
National Highways Infra Trust**
0.42
8.35% SBI General Insurance Company Limited**
0.40
8.7% REC Limited**
0.40
8.54% REC Limited**
0.40
7.86% State Government Securities
0.40
8.3% REC Limited**
0.40
7.67% State Government Securities
0.40
8% Larsen & Toubro Limited**
0.39
7.17% Government of India
0.39
8.01% REC Limited**
0.39
7.86% Power Finance Corporation Limited**
0.39
National Highways Infra Trust**
0.39
7.58% REC Limited**
0.39
7.65% Power Finance Corporation Limited**
0.39
7.54% REC Limited**
0.38
7.75% Titan Company Limited**
0.38
7.23% Small Industries Dev Bank of India**
0.38
6.44% HDFC Bank Limited**
0.37
8.29% Tata Capital Limited**
0.31
7.46% REC Limited**
0.31
8.49% NTPC Limited**
0.28
Corporate Debt Market Development Fund Class A2
0.26
7.68% Tata Capital Limited**
0.23
7.77% REC Limited**
0.16
7.95% ICICI Home Finance Company Limited**
0.15
7.52% NHPC Limited**
0.15
8.35% HDFC Bank Limited**
0.08
8.38% HDB Financial Services Limited**
0.08
7.58% National Bank For Agriculture and Rural Development**
0.08
Cash Margin - CCIL
0.02
Interest Rate Swaps Pay Fix Receive Floating (08/02/2027) (FV 10000 Lacs)
0.00

Sector Holding%
Miscellaneous
65.27

Fund Manager

Vivek Sharma

Kinjal Desai

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
29/03/2016
2.88
30/12/2015
2.12
22/09/2015
6.34
30/12/2014
2.37
23/09/2014
6.73

Holding Type Holding %
CARE AAA
0.96
Cash
5.68
CRISIL AAA
59.39
CRISIL AAA(SO)
2.29
Derivatives
0.00
FITCH AAA(SO)
2.25
ICRA AAA
4.93
SOVEREIGN
24.25
Unrated
0.26

About Nippon India Corporate Bond Fund

Scheme Analysis

Nippon India Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to Nippon India Mutual Fund. It was launched on 19-Dec-2013 and currently has an AUM of ₹6,497.76 crore. Nippon India Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of Nippon India Corporate Bond Fund ended up ₹0.01(0.04%)yesterday to ₹19.2543.

Among its top 3 holdings the fund has exposure to 7.1% Government of India, and

The Nippon India Corporate Bond Fund is managed by Vivek Sharma and Kinjal Desai.

Fund House Contact

Address:

4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W) Mumbai - 400 013

Phone Number: 022-68087000

Email Address: customercare@nipponindiaim.in

Fax Number: 022-68087097

Website: https://mf.nipponindiaim.com/

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