Nippon India Mutual Fund launches Nippon India Fixed Horizon Fund XLII Series 4

NFO period: 12^th March – 16^th March, 2020

Highlights of the NFO:

• Scheme type – A Close Ended Income Scheme


• Investment objective – The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and other fixed income/ debt securities. 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 returns and growth over medium term tenure of the fund limiting interest rate volatality by investing in debt, money market and G-sec instruments maturing on or before the date of maturity of the scheme.


• 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 Option and Dividend payout Option.


• Fund Managers – Mr. Amit Tripathi


• Benchmark – Crisil Composite Bond Fund Index


• Maturity – 1159 days from the date of allotment