Nippon India Credit Risk Fund Direct Growth

Nippon India Credit Risk Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Prashant R.Pimple is the Current Fund Manager of Nippon India Credit Risk Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,70,325 Cr and the Latest NAV as of 13 May 2024 is ₹34.54. The Nippon India Credit Risk Fund Direct Growth is rated High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. Exit load of 1% if units in excess of 10% are redeemed within 12 months ;

Investment Objective

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. ;