About Nippon India Credit Risk Fund Direct-Dividend
Nippon India Credit Risk Fund Direct-Dividend is a Debt
mutual fund scheme from Nippon India Mutual Fund
. This scheme was launched on 21 Oct 2014 and is currently managed by its fund manager Prashant R Pimple
. It has an AUM of ₹6,470.30 Crores and the latest NAV decalared is ₹14.694 as on 11 Oct 2019 at 9:45 pm.
Nippon India Credit Risk Fund Direct-Dividend scheme return performance in last 1 year is 4.50%, in last 3 years is 19.93% and 46.57% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.
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.