Nippon India Mutual Fund launches Nippon India Nifty 500 Low Volatility 50 Index Fund

NFO period: 16^th April - 30^th April, 2025

Highlights of the NFO:

• Scheme type - An open-ended scheme replicating/tracking Nifty 500 Low Volatility 50 Index.


• Investment objective - The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty 500 Low Volatility 50 Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking long Term Capital Growth. Investments in equity and equity related securities and portfolio replicating the composition of the Nifty 500 Low Volatility 50 Index, subject to tracking errors.


• Minimum Application Amount - Rs. 1000/- and in multiples of Re.1 thereafter


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Jitendra Tolani


• Benchmark - Nifty 500 Low Volatility 50 TRI