Should I invest in NIPPON INDIA CORPORATE BOND FUND - DAILY IDCW Option?

We don't give personal investment advice. NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.9%. 5-year CAGR: -0.01%.

Nippon India

NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option

Latest NAV

₹17.0800

As of

3 Jun 2026

3,236 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.07%	+14.97%	-14.90	33 / 72	Q2
1W	+0.28%	+15.14%	-14.86	16 / 72	Q1
2W	+0.36%	+15.28%	-14.92	36 / 72	Q2
1M	+0.12%	+15.20%	-15.08	50 / 72	Q3
3M	-0.06%	+14.82%	-14.88	42 / 72	Q3
6M	-0.02%	+15.94%	-15.96	36 / 71	Q3
YTD	+0.01%	+15.04%	-15.03	44 / 71	Q3
1Y	-0.06%	+17.89%	-17.95	38 / 71	Q3
2Y	-0.03%	+5.94%	-5.97	55 / 71	Q4
3Y	-0.02%	+2.32%	-2.34	49 / 66	Q3
4Y	+0.14%	+2.56%	-2.42	49 / 61	Q4
5Y	-0.01%	+1.49%	-1.50	39 / 52	Q3
7Y	+0.12%	+1.91%	-1.79	37 / 50	Q3
10Y	-0.01%	+1.54%	-1.55	25 / 31	Q4
Inception	0.00%	+6.36%	-6.37	61 / 67	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.01%	-0.52%	+0.53	33 / 58
2025	-0.11%	+3.04%	-3.15	58 / 61
2024	+0.00%	+3.39%	-3.39	56 / 62
2023	+0.00%	+2.73%	-2.73	52 / 60
2022	+0.00%	+19.77%	-19.77	43 / 61
2021	+0.00%	-1.89%	+1.89	16 / 54
2020	+0.00%	+4.23%	-4.23	42 / 50
2019	+0.00%	+2.75%	-2.75	40 / 47
2018	+0.00%	+1.54%	-1.54	28 / 37
2017	+0.00%	+1.60%	-1.60	24 / 33
2016	-0.02%	+4.73%	-4.75	26 / 27

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.00%

152 windows

min -0.9% · max 0.9%

23% positive

3-Year rolling

+0.00%

127 windows

min -0.3% · max 0.5%

15% positive

5-Year rolling

-0.01%

103 windows

min -0.2% · max 0.2%

18% positive

7-Year rolling

0.00%

79 windows

min -0.1% · max 0.1%

10% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.54%

3-year · annualised

Sharpe ratio

-12.07

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.67%

Mar 2024 → Apr 2026

% positive months

22.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Corporate Bond Fund

Scheme	Fund house	NAV	As of
HDFC Corporate Bond Fund - IDCW Option - Direct Plan	HDFC	₹21.0823	3 Jun 2026
NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - IDCW Option	Nippon India	₹20.7971	3 Jun 2026
SBI Corporate Bond Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹15.6984	3 Jun 2026
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.2250	3 Jun 2026
Invesco India Corporate Bond Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,216.0142	3 Jun 2026
BANDHAN Corporate Bond Fund - Direct Annual IDCW	Bandhan	₹10.3094	3 Jun 2026
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - IDCW	Aditya Birla Sun Life	₹10.4102	3 Jun 2026
Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW	Franklin India	₹18.7176	3 Jun 2026
Mirae Asset Corporate Bond Fund Direct IDCW	Mirae Asset	₹13.5152	3 Jun 2026
Kotak Corporate Bond Fund- Direct Plan- Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹1,071.7888	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹17.0800
2 Jun 2026	₹17.0856
1 Jun 2026	₹17.0741
29 May 2026	₹17.0701
27 May 2026	₹17.0508
26 May 2026	₹17.0384
25 May 2026	₹17.0358
22 May 2026	₹17.0078
21 May 2026	₹16.9953
20 May 2026	₹17.0143

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option is ₹17.0800. It's a Corporate Bond Fund from Nippon India, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option is managed by Nippon India. It's classified by AMFI under the 'Corporate Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option has delivered a absolute return of -0.06% — -17.95 pp behind the Corporate Bond Fund category average of 17.89%. The fund ranks #38 of 71 in its category — the third (Q3) quartile.

Over the trailing 3-year window, NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option has delivered a CAGR of -0.02% — -2.34 pp behind the Corporate Bond Fund category average of 2.32%. The fund ranks #49 of 66 in its category — the third (Q3) quartile.

Over the trailing 5-year window, NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option has delivered a CAGR of -0.01% — -1.5 pp behind the Corporate Bond Fund category average of 1.49%. The fund ranks #39 of 52 in its category — the third (Q3) quartile.

₹1 lakh invested in NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option exactly 10 years ago would be worth approximately ₹99,940 today — a multiplier of 1.00×, based on the 10-year CAGR of -0.01%. The category average over the same window would have grown ₹1 lakh to ₹116,548.

A ₹10,000 monthly SIP in NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹599,955 today. That's an XIRR (money-weighted annualised return) of -0.00%.

A ₹10,000 monthly SIP for 10 years in NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option = ₹1,200,000 invested. It would currently be worth ₹1,199,845 (multiplier 1.00×). XIRR: -0.00%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option ranks #39 out of 52 funds in the Corporate Bond Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 1.49%; this fund delivered -0.01%.

The worst peak-to-trough decline NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option has experienced over the last 5-year window is 0.92% — its NAV fell from a high on 03 Jun 2021 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option averaged -0.01% (best 0.15%, worst -0.18%). 18% of rolling windows ended positive. The 5-year Sharpe ratio is -11.59 — negative risk-adjusted performance.

In calendar year 2025, NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option returned -0.11% — lagging the Corporate Bond Fund category average of 3.04% by 3.15 pp. It ranked #58 of 61 in its category that year.

NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.9%. 5-year CAGR: -0.01%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.