Nippon India Mutual Fund launches Nippon India Fixed Horizon Fund XLIV Series 3

NFO period: 21^st November – 24^th November, 2022

Highlights of the NFO:

• Scheme type – A close ended scheme. Relatively High interest rate risk and moderate Credit Risk


• 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 the tenure of scheme limiting interest rate volatility by investment 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 Income Distribution cum capital withdrawal Plan – Payout Option.


• Fund Managers – Mr. Amit Tripathi and Anju Chhajer


• Benchmark – CRISIL Medium Term Debt Index


• Benchmark – 1312 days from the date of allotment