HealthyDirect · GrowthFit for a long SIP
Nippon India Corporate Bond Fund
Nippon India Mutual FundDebt Scheme - Corporate Bond Fund13.8 years
The scheme seeks to generate income through investments predominantly in debt instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.
- NAV
- 66.9706
- 27 Oct 2026
- 1Y
- +3.9%
- Trailing CAGR
- AUM
- ₹8,907.2 Cr
- 30 Sept 2026
- Volatility
- Low
- 1.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 63% of rolling 1-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.37% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -1.7%. Ask whether you can hold through a similar fall.
Vs category
Watch
53% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Amber Singhania · 0.6 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 29.4% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+3.9%
- 3Y+7.3%
- 5Y+6.6%
- 10Y+7.2%
- SI+7.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+3.6%
- 3Y+6.1%
- 5Y+6.7%
- 10Y+6.9%
- Since inception
- +7.7%
- Calendar-day CAGR
- Excess 1Y
- +0.2%
- Category median, same plan and option
- 3Y win rate
- +53%
- Windows beating the median
- 3Y percentile
- 91
- Vs comparable share classes
- SIP 3Y XIRR
- +6.1%
- Simulated monthly SIP
- Worst rolling 3Y
- +5.6%
- 2603 daily-ending windows
- Median rolling 3Y
- +8.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2120 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -1.7%
- Worst peak-to-trough
- Current
- -0.6%
- Below last peak
- Current spell
- 48 days
- Days below latest peak
- Time below peak
- +32%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 264 recovered episodes
- Longest recovery
- 61 days
- Trough to prior peak
5 Mar 2020 – 30 Mar 2020
Trough 24 Mar 2020 · recovered in 6 days
-1.7%
15 Jul 2013 – 5 Sept 2013
Trough 24 Jul 2013 · recovered in 43 days
-1.2%
5 Apr 2022 – 6 Jul 2022
Trough 6 May 2022 · recovered in 61 days
-0.9%
3 Jun 2019 – 10 Jul 2019
Trough 10 Jun 2019 · recovered in 30 days
-0.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
91
Vs category
51
Consistency
58
Risk-adjusted
100
Drawdown
96
Mean
79
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 63% of rolling 1-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 119 holdings · top 10 are 29.4%.
- Top 5
- 19.9%
- Top 10
- 29.4%
- Largest holding
- 7.7%
- Effective holdings
- 53.6
Repo
Unspecified
7.7%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC
Financial
5.0%
Net Current Assets
Unspecified
2.6%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SERIES 129 8.45 LOA 04DC28 FVRS10LAC
Financial
2.5%
BAJAJ FINANCE LIMITED 7.79 NCD 04JL36 FVRS1LAC
Financial
2.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Tata Corporate Bond Fund
Tata Mutual Fund
- 1Y
- +3.9%
- 3Y
- +7.0%
- Vol
- 1.1%
- Max DD
- -1.7%
- Sharpe
- 0.23
- 3Y win
- +88%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Lower trailing returns
Aditya Birla Sun Life Corporate Bond Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +3.1%
- 3Y
- +6.7%
- Vol
- 1.4%
- Max DD
- -2.4%
- Sharpe
- 1.43
- 3Y win
- +88%
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns
DSP Corporate Bond Fund
DSP Mutual Fund
- 1Y
- +5.7%
- 3Y
- +7.4%
- Vol
- 1.6%
- Max DD
- -3.2%
- Sharpe
- 0.79
- 3Y win
- +10%
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
HDFC Corporate Bond Fund
HDFC Mutual Fund
- 1Y
- +2.7%
- 3Y
- +6.6%
- Vol
- 1.8%
- Max DD
- -4.0%
- Sharpe
- 1.06
- 3Y win
- +83%
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Higher TER · Lower trailing returns
ICICI Prudential Corporate Bond Fund
ICICI Prudential Mutual Fund
- 1Y
- +4.1%
- 3Y
- +7.0%
- Vol
- 1.2%
- Max DD
- -2.0%
- Sharpe
- 1.73
- 3Y win
- +77%
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns