Nippon India Mutual Fund launches Nippon India Fixed Horizon Fund XLIV Series 1

NFO period: 14^th September – 19^th September, 2022

Highlights of the NFO:

• Scheme type – A close ended Income 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 Long Term 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


• Benchmark – Nifty Medium to Long Duration Debt Index


• Benchmark – 1743 days from the date of allotment