Nippon India Credit Risk Fund
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.
Growthvine rating: 5/5 — ranked #1 of 14 in category.
Fund basics
| Category | Debt: Credit Risk |
|---|---|
| NAV | ₹37.97 (as of 2026-08-21) |
| AUM | ₹1,556 Cr |
| Expense ratio | 1.17% |
| Riskometer | High |
| Fund manager | Sushil Budhia |
| Exit load | For units in excess of 25% of the investment, 1% will be charged for redemption within 12 months |
Performance & risk
| 5-year annualised return | 7.23% |
|---|---|
| Sharpe ratio | 2.12 |
| Standard deviation | 1.02% |
| Max drawdown | -13.89% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 98.9% of NIFTY Credit Risk Bond Index's upside and 84.4% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.5% | Q3 | #9 of 14 |
| 2025 | 8.9% | Q2 | #7 of 14 |
| 2024 | 8.3% | Q1 (Top) | #3 of 14 |
| 2023 | 7.9% | Q1 (Top) | #4 of 14 |
| 2022 | 3.9% | Q3 | #8 of 13 |