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

We don't give personal investment advice. NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY 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: 2.2%. 5-year CAGR: 0.31%.

Nippon India

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

Latest NAV

₹11.8488

As of

17 Jul 2026

3,267 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	+0.03%	-1.47%	+1.49	19 / 68	Q2
1W	-0.04%	-1.52%	+1.48	27 / 68	Q2
2W	-0.10%	-1.57%	+1.48	31 / 68	Q2
1M	-0.47%	-1.35%	+0.88	51 / 68	Q3
3M	+0.17%	-0.46%	+0.62	49 / 68	Q3
6M	+0.71%	-0.61%	+1.32	31 / 67	Q2
YTD	+0.46%	-0.85%	+1.31	32 / 67	Q2
1Y	+0.16%	-0.07%	+0.23	33 / 67	Q2
2Y	+0.36%	+1.20%	-0.84	45 / 67	Q3
3Y	+0.39%	+2.57%	-2.18	40 / 66	Q3
4Y	+0.36%	+2.67%	-2.31	44 / 61	Q3
5Y	+0.31%	+1.67%	-1.36	31 / 52	Q3
7Y	+0.33%	+1.88%	-1.55	29 / 49	Q3
10Y	+0.66%	+1.53%	-0.87	13 / 31	Q2
Inception	+0.93%	+0.94%	-0.02	36 / 63	Q3

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	+0.46%	+0.53%	-0.07	28 / 58
2025	+0.55%	+3.04%	-2.49	43 / 61
2024	+0.45%	+3.39%	-2.94	46 / 62
2023	+0.19%	+2.73%	-2.53	39 / 60
2022	+0.11%	+0.36%	-0.25	31 / 57
2021	+0.22%	-0.78%	+1.00	12 / 50
2020	+0.35%	+4.23%	-3.88	37 / 50
2019	+1.29%	+2.75%	-1.46	30 / 47
2018	+1.16%	+1.54%	-0.39	12 / 37
2017	+1.23%	+1.60%	-0.37	12 / 33
2016	+1.82%	+4.73%	-2.91	16 / 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

+0.87%

153 windows

min -1.1% · max 2.2%

88% positive

3-Year rolling

+0.90%

129 windows

min -0.1% · max 1.8%

99% positive

5-Year rolling

+0.90%

105 windows

min 0.1% · max 1.7%

100% positive

7-Year rolling

+0.89%

80 windows

min 0.3% · max 1.6%

100% 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

1.98%

3-year · annualised

Sharpe ratio

-3.06

vs risk-free 6.5%

Sortino ratio

-5.15

Downside-only deviation

Max drawdown

-2.23%

Apr 2025 → May 2026

% positive months

47.2%

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	₹21.5550	17 Jul 2026
NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - DAILY IDCW Option	Nippon India	₹17.0694	17 Jul 2026
SBI Corporate Bond Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹15.9933	17 Jul 2026
ICICI Prudential Corporate Bond Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹10.2250	17 Jul 2026
Invesco India Corporate Bond Fund - Direct Plan - Annual IDCW (Payout / Reinvestment)	Invesco	₹1,240.9877	17 Jul 2026
BANDHAN Corporate Bond Fund - Direct Annual IDCW	Bandhan	₹10.5086	17 Jul 2026
Aditya Birla Sun Life Corporate Bond Fund -DIRECT - IDCW	Aditya Birla Sun Life	₹10.6342	17 Jul 2026
Franklin India Corporate Debt Fund - Plan A - Direct - Annual - IDCW	Franklin India	₹18.9827	17 Jul 2026
Mirae Asset Corporate Bond Fund Direct IDCW	Mirae Asset	₹13.7612	17 Jul 2026
Kotak Corporate Bond Fund- Direct Plan- Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹1,071.0150	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹11.8488
16 Jul 2026	₹11.8458
15 Jul 2026	₹11.8364
14 Jul 2026	₹11.8295
13 Jul 2026	₹11.8555
10 Jul 2026	₹11.8531
9 Jul 2026	₹11.8415
8 Jul 2026	₹11.8362
7 Jul 2026	₹11.8658
6 Jul 2026	₹11.8672

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 17 Jul 2026, the NAV of NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY IDCW Option is ₹11.8488. 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 - MONTHLY IDCW Option has NAV history starting from 02 Jan 2013, a track record of about 13 years 6 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 - MONTHLY 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 - MONTHLY IDCW Option has delivered a absolute return of 0.16% — +0.23 pp ahead of the Corporate Bond Fund category average of -0.07%. The fund ranks #33 of 67 in its category — the second (Q2) quartile.

Over the trailing 3-year window, NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY IDCW Option has delivered a CAGR of 0.39% — -2.18 pp behind the Corporate Bond Fund category average of 2.57%. The fund ranks #40 of 66 in its category — the third (Q3) quartile.

Over the trailing 5-year window, NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY IDCW Option has delivered a CAGR of 0.31% — -1.36 pp behind the Corporate Bond Fund category average of 1.67%. The fund ranks #31 of 52 in its category — the third (Q3) quartile.

₹1 lakh invested in NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY IDCW Option exactly 10 years ago would be worth approximately ₹106,804 today — a multiplier of 1.07×, based on the 10-year CAGR of 0.66%. The category average over the same window would have grown ₹1 lakh to ₹116,346.

A ₹10,000 monthly SIP in NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY IDCW Option over the last 5 years — total invested ₹600,000 — would be worth ₹606,069 today. That's an XIRR (money-weighted annualised return) of 0.40%.

A ₹10,000 monthly SIP for 10 years in NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY IDCW Option = ₹1,200,000 invested. It would currently be worth ₹1,229,254 (multiplier 1.02×). XIRR: 0.48%. 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 - MONTHLY IDCW Option ranks #31 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 1.67%; this fund delivered 0.31%.

The worst peak-to-trough decline NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY IDCW Option has experienced over the last 5-year window is 2.23% — its NAV fell from a high on 21 Apr 2025 to a low on 21 May 2026. 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 - MONTHLY IDCW Option averaged 0.90% (best 1.70%, worst 0.06%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -3.58 — negative risk-adjusted performance.

In calendar year 2025, NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY IDCW Option returned 0.55% — lagging the Corporate Bond Fund category average of 3.04% by 2.49 pp. It ranked #43 of 61 in its category that year.

NIPPON INDIA CORPORATE BOND FUND - DIRECT Plan - MONTHLY 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 - MONTHLY 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: 2.2%. 5-year CAGR: 0.31%.

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