MUTUAL FUNDS
Nippon India MF introduces CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
Feb-23-2026

Nippon India Mutual Fund (MF) has launched Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, an open-ended Target Duration Index Fund investing in constituents of CRISIL-IBX Financial Services 9-12 Months Debt Index with Relatively Low Interest rate risk and Relatively Low Credit Risk. The NFO opens for subscription on February 23, 2026 and closes on February 25, 2026. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs.1,000 and in multiples of Re.1 thereafter.

The performance of the Scheme will be benchmarked to the performance of CRISIL-IBX Financial Services 9-12 Months Debt Index and its fund manager is Vikash Agarwal.

The investment objective of the scheme is to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX Financial Services 9-12 Months Debt Index before expenses, subject to tracking errors.


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