NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Nippon India Credit Risk Fund-Growth for NRI [36.73]

Min Investment

₹500

Fund Size

₹1,030.58 Cr

Expense Ratio

1.5%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

₹36.73

0.04%

NAV as on 24 Feb 26, 12:00 AM

high risk

credit risk

debt

NAV as on 24 Feb 26, 12:00 AM

high risk

credit risk

debt

8.87%p.a.

Last 1Y

8.48%p.a.

Last 3Y

8.49%p.a.

Last 5Y

6.48%p.a.

Since Inception

About Nippon India Credit Risk Fund-Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Nippon India Credit Risk Fund-Growth scheme from Nippon Life India Asset Management Limited. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on Jun 2005, Nippon India Credit Risk Fund-Growth is Credit Risk fund of its category with 1,030.58 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.

  • Nippon India Credit Risk Fund-Growth delivered 8.9% annual returns during the last year. It has delivered 6.5% average annual returns since the fund was launched.
  • Nippon India Credit Risk Fund-Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The primary investment objective of this option is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments.

Top 10 Holdings

Repo

7.01%

Net Current Assets

1.83%

Power Finance Corporation Ltd Bonds/Deb 7.60 20/02/2027

0.98%

Others Mrgn Money

0.01%

SUMMIT DIGITEL INFRASTRUCTURE PRIVATE LIMITED 6.59 NCD 16JU26 FVRS10LAC

0.97%

CENTRAL GOVERNMENT LOAN 31568 GOI 18AP29 7.10 FV RS 100

1.00%

FULLERTON INDIA HOME FINANCE COMPANY LIMITED SR 21 OP II 8.40 NCD 26DC25 FVRS10LAC

0.99%

GOI Sec 7.17 17/04/2030

0.50%

VIVRITI CAPITAL PRIVATE LIMITED 10.15 NCD 25MY26 FVRS1LAC

0.97%

PROFECTUS CAPITAL PRIVATE LIMITED 10.48 LOA 25MY26 FVRS1LAC

2.12%

Fund Managers

  1. Sushil Budhia (Feb 2020 - Present)
  2. Divya Dutt Sharma (Sep 2025 - Present)
  3. Lokesh Maru (Sep 2025 - Present)

Key Information

View Scheme Document

Nippon India Credit Risk Fund-Growth SIP Calculator

If invested

₹5,000

per month

For a period of

Investment of ₹0 could have been

₹0(+0.0%)

₹0 (+0.0%)

This Fund

₹0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Nippon India Credit Risk Fund-Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Nippon India Credit Risk Fund-Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Nippon India Credit Risk Fund-Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

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