Nippon India Mutual Fund launches Nippon India Fixed Maturity Plan XLVI Series 3

NFO
Feb 29, 2024 by Advisorkhoj Team | NFO | 19 Downloaded

NFO period: 29th February – 05th March, 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 – 368 days from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Locate Nippon India Mutual Fund Advisors in your city
Feedback
Notification