Nippon India Mutual Fund launches Nippon India Fixed Maturity Plan XLVI Series 2

NFO period: 26^th February – 29^th February, 2024

Highlights of the NFO:

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


• Investment objective – The 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 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 Income Distribution cum capital withdrawal Plan – Payout Option.


• Fund Managers – Anju Chhajer


• Benchmark – CRISIL Short Term Bond Index


• Maturity – 367 days from the date of allotment