MUTUAL FUNDS
Nippon India MF introduces Fixed Horizon Fund - XLV - Series 5
Mar-29-2023

Nippon India Mutual Fund (MF) has launched Nippon India Fixed Horizon Fund - XLV - Series 5, a Close Ended Scheme with relatively High interest rate risk and Relatively High Credit Risk. The NFO opens and closes for subscription on March 29, 2023. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against CRISIL Medium Term Debt Index and its fund manager is Anju Chhajer.

The investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.
 
 

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