MUTUAL FUNDS
Nippon India MF introduces Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund
Feb-06-2023

Nippon India Mutual Fund (MF) has launched Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund, an open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Plus G-Sec Jun 2029 70:30 Index. A Relatively High interest rate risk and Relatively Low Credit Risk. The NFO opens for subscription on February 06, 2023 and closes on February 14, 2023. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 1000 & in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against Nifty SDL Plus G-Sec Jun 2029 70:30 Index and its fund managers are Vivek Sharma and Siddharth Deb.

The investment objective of the scheme is to provide investment returns corresponding to the total returns of the securities as represented by the Nifty SDL Plus G-Sec Jun 2029 70:30 Index before expenses, subject to tracking errors.

  RELATED NEWS >>