Nippon India Corporate Bond Fund - Direct Plan - Daily IDCW Option

Nippon India Corporate Bond Fund - Direct Plan - Daily IDCW Option is a fund scheme from Nippon mutual fund. It falls under a Corporate Bond category. After being launched on 2013-01-02. Nippon India Corporate Bond Fund - Direct Plan - Daily IDCW Option has achieved Rs 6195.39 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 200000 and lumpsum of Rs 5000 to start the investment. The expense ratio of this fund is 0.36%.

• Investing Strategy:

  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.

• Performance:

  Nippon India Corporate Bond Fund - Direct Plan - Daily IDCW Option trailing returns over different times are 10.46% (1 year), 8.01% (3 year), 7.59% (5 year). The average annual return of this fund stands at 10.46%

• Fund Manager & Portfolio Allocation:

  Vivek Sharma are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Sectors. First five holdings of this fund are 7.1% Government of India, 6.79% Government of India, 7.9% Jamnagar Utilities & Power Private Limited, India Universal Trust, India Universal Trust Companies.