Nippon India Mutual Fund launches Nippon India Asset Allocator FoF

NFO period: 18^th January – 01^st February, 2021

Highlights of the NFO:

• Scheme type – An open ended fund of funds scheme investing in equity oriented schemes, debt oriented schemes and gold ETF of Nippon India Mutual Fund


• Investment objective – The primary investment objective of the scheme is to seek long term capital growth by investing in units of equity oriented schemes, debt oriented schemes and gold ETF of Nippon India Mutual Fund. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking long term capital growth an open ended fund of funds scheme by investing in equity oriented schemes, debt oriented schemes and gold ETF of Nippon India Mutual Fund.


• Minimum Application Amount – First investment is Rs. 5,000/- and multiples of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth Plan with Growth Option and Dividend Plan with Dividend Payout Option and Dividend Reinvestment Option.


• Fund Managers – Mr. Prashant Pimple and Mr. Ashutosh Bhargava


• Benchmark – CRISIL Hybrid 50 + 50 – Moderate Index