Nippon India Credit Risk Fund Direct-Growth

Q: What are the returns of Nippon India Credit Risk Fund?

The Nippon India Credit Risk Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 7.56% since inception. Nippon India Credit Risk Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 10.5% 8.99% 9.67% 6.91% 7.56%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹38.3807+0.06% 1 day change	7.56% p.a.	#NA View Ranked Funds	₹981 Crs

Historical NAV & returns

NAV: ₹38.3807 as on Jun 05, 2025

This fund Category average

Nippon India Credit Risk Fund overview

Expense ratio	0.7% as on May 31, 2025
Exit load	1.0% Exit load of 1% if units in excess of 10% are redeemed within 12 months!
AUM (Fund size)	₹981 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	CRISIL Credit Risk Debt B-II Index
Min. investment	SIP ₹500 & Lump. ₹500
Risk	High
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Nippon India Credit Risk Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	0.99%	1.01%
3 Months	3.43%	3.49%
6 Months	5.51%	5.58%
1 Year	10.5%	10.59%
2 Years	9.39%	9.17%
3 Years	8.99%	8.8%
4 Years	9.5%	10.28%
5 Years	9.67%	10.19%
7 Years	6.12%	6.47%
10 Years	6.91%	7.24%

Asset allocationas on Dec 31, 2024

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AA 25.62%

AA- 21.94%

AAA 14.39%

SOV 13.01%

Top Debt Holdings

GOI 13.01%

Summit Digitel Infrastructure Pvt. Ltd. 6.23%

Renew Solar Energy (Jharkhand Five) Pvt. Ltd. 4.97%

Aditya Birla Real Estate Ltd. 4.59%

Allocation by Instruments

Non Convertible Debenture 42.81999999999999%

Debenture 32.8%

GOI Securities 13.01%

Repo 2.97%

Other Holdings

Others 2.97%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Nippon India Credit Risk Fund	N.A.	₹981 Crs	12 yrs 5 m	0.7%
SBI Credit Risk Fund	N.A.	₹2,278 Crs	12 yrs 5 m	0.89%
Aditya Birla Sun Life Credit Risk Fund	N.A.	₹985 Crs	10 yrs 2 m	0.67%
Bank of India Credit Risk Fund	N.A.	₹114 Crs	10 yrs 4 m	1.12%
Baroda BNP Paribas Credit Risk Fund	N.A.	₹173 Crs	10 yrs 5 m	0.85%
ICICI Prudential Credit Risk Fund	N.A.	₹6,138 Crs	12 yrs 5 m	0.76%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Nippon India Credit Risk Fund	0.99%	5.51%	10.5%	8.99%	9.67%	6.91%
SBI Credit Risk Fund	1.14%	5.29%	10.34%	8.88%	8.08%	8.24%
Aditya Birla Sun Life Credit Risk Fund	1.24%	9.34%	18.7%	12.23%	10.76%	9.21%
Bank of India Credit Risk Fund	0.56%	3.46%	6.28%	6.17%	27.28%	2.03%
Baroda BNP Paribas Credit Risk Fund	1.1%	5.22%	10.22%	8.84%	11.11%	8.85%
ICICI Prudential Credit Risk Fund	1.09%	5.38%	10.4%	8.86%	8.44%	8.71%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Nippon India Credit Risk Fund	0.77	1.81	2.98	4.88
SBI Credit Risk Fund	1.22	1.72	1.74	5.02
Aditya Birla Sun Life Credit Risk Fund	2.88	1.19	1.83	7.57
Bank of India Credit Risk Fund	0.76	0.74	-0.42	-0.96
Baroda BNP Paribas Credit Risk Fund	0.72	1.42	2.97	5.54
ICICI Prudential Credit Risk Fund	0.98	2.0	2.15	4.34

View all Credit Risk funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.73 vs. 5.52 Higher outperformance against benchmark
Sharpe	2.98 vs. 6.06 Poor risk-adjusted returns
Beta	1.81 vs. 3.33 Less sensitive to market ups & downs
Standard deviation	0.77 vs. 2.04 More stable returns

Compare Nippon India Credit Risk Fund in detail with

About this fund

About Nippon India Credit Risk Fund

Nippon India Credit Risk Fund Direct-Growth is a Credit Risk mutual fund scheme from Nippon India Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. Nippon India Credit Risk Fund Direct-Growth has ₹981 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Nippon India Credit Risk Fund Direct-Growth as of 05/06/2025 is ₹38.38. The fund has an expense ratio of 0.7%, which is less than what most other Credit Risk funds charge.

Nippon India Credit Risk Fund Direct-Growth returns of last 1-year are 10.55%. Since launch, it has delivered 7.56% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Nippon India Credit Risk Fund Direct-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is low indicating it has lent to borrowers whose quality is not too great. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in GOI, Summit Digitel Infrastructure Pvt. Ltd., Renew Solar Energy (Jharkhand Five) Pvt. Ltd., Aditya Birla Real Estate Ltd., Truhome Finance Ltd..

...

Fund AUM	₹981 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Sushil Budhia

Mr. Budhia has done CA Prior to joining Nippon India Mutual Fund, he has worked with YES Bank as Senior President, Axis Bank and UTI Mutual Fund.

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.

Nippon India Mutual Fund details

No. of schemes	65 view all schemes
Total AUM	₹5,61,387 Crs as on Mar 31, 2025
Address	4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai, 400013

More funds from Nippon India Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Nippon India Nivesh Lakshya Fund	N.A.	₹9,411 Crs	11.92%	10.96%
Nippon India Dynamic Bond Fund	N.A.	₹4,234 Crs	11.83%	9.41%
Nippon India Gilt Securities Fund	N.A.	₹2,140 Crs	10.98%	9.26%
Nippon India Income Fund	N.A.	₹400 Crs	10.31%	9.12%
Nippon India Corporate Bond Fund	N.A.	₹6,566 Crs	10.86%	8.68%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Nippon India Credit Risk Fund?

The current Net Asset Value (NAV) of the Nippon India Credit Risk Fund - Direct Growth plan is approximately ₹38.3807 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Nippon India Credit Risk Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 7.56% since inception.

Nippon India Credit Risk Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
10.5%	8.99%	9.67%	6.91%	7.56%

How much does this mutual fund charge as expense ratio?

The Nippon India Credit Risk Fund - Direct Growth has an expense ratio of 0.7%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Nippon India Credit Risk Fund currently has assets under management (AUM) or fund size valued at approximately ₹981 Crs crore as of Mar 31, 2025.

To whom does Nippon India Credit Risk Fund lend to?

The top 3 debt holdings of Nippon India Credit Risk Fund are as follows

Holding Name	Percentage of Portfolio
GOI	13.01%
Summit Digitel Infrastructure Pvt. Ltd.	6.23%
Renew Solar Energy (Jharkhand Five) Pvt. Ltd.	4.97%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Nippon India Credit Risk Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AA	25.62%
AA-	21.94%
AAA	14.39%

What is risk level of Nippon India Credit Risk Fund?

This is a Credit Risk fund comes with High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Nippon India Credit Risk Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Nippon India Credit Risk Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Nippon India Credit Risk Fund is complete.

How can I redeem my investments in Nippon India Credit Risk Fund?

Redeeming your investments in Nippon India Credit Risk Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Nippon India Credit Risk Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Credit Risk

#NA

Return Outperformance: This fund has generated highest return amongst Credit Risk funds in the last 5 Years.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 1% if units in excess of 10% are redeemed within 12 months