Nippon India Corporate Bond Fund - Daily IDCW Option
(Erstwhile Reliance Prime Debt Fund- Daily Dividend Reinvestment Plan)
Fund House: Nippon India Mutual Fund| Category: Debt: Corporate Bond |
| Launch Date: 23-07-2008 |
| Asset Class: Fixed Income |
| Benchmark: Nifty Corporate Bond Index A-II |
| TER: 0.7% As on (31-10-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 5,945.77 Cr As on 31-10-2024(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
17.0911
-0 (-0.0281%)
6.37%
Benchmark: 7.31%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY COMPOSITE G-SEC INDEX
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The primary investment objective of the scheme is to generate regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 1.09 |
| Sharpe Ratio | 0.36 |
| Alpha | 0.42 |
| Beta | 0.52 |
| Yield to Maturity | 7.41 |
| Average Maturity | 5.31 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Nippon India Corporate Bond Fund - Daily IDCW Option | 23-07-2008 | 8.46 | 7.75 | 6.44 | 6.61 | 6.1 |
| Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan | 03-03-1997 | 8.59 | 7.8 | 6.4 | 7.05 | 7.79 |
| HDFC Corporate Bond Fund - Growth Option | 01-06-2010 | 8.58 | 7.8 | 6.12 | 6.84 | 7.7 |
| Nippon India Corporate Bond Fund - Growth Plan - Growth Option | 14-09-2000 | 8.52 | 7.75 | 6.48 | 6.81 | 7.31 |
| BARODA BNP PARIBAS CORPORATE BOND FUND - Regular Plan - GROWTH OPTION | 01-01-2013 | 8.39 | 7.56 | 5.39 | 5.62 | 5.99 |
| Kotak Corporate Bond Fund- Regular Plan-Growth Option | 21-09-2007 | 8.35 | 7.46 | 6.05 | 6.35 | - |
| Tata Corporate Bond Fund-Regular Plan-Growth | 29-11-2021 | 8.29 | 7.51 | - | - | - |
| HSBC Corporate Bond Fund - Regular Growth | 01-01-2013 | 8.22 | 7.24 | 5.4 | 6.52 | 7.05 |
| Invesco India Corporate Bond Fund - Growth | 02-08-2007 | 8.15 | 7.29 | 5.66 | 6.08 | 6.84 |
| Union Corporate Bond Fund - Regular Plan - Growth Option | 07-05-2018 | 8.1 | 7.12 | 5.38 | 5.94 | - |
Scheme Characteristics
Minimum investment in corporate bonds - 80% of total assets (only in highest rated instruments).
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
