Nippon India ETF Nifty CPSE Bond Plus SDL: 2024 Maturity

Mutual Fund
Nov 3, 2020 by Advisorkhoj Team | Mutual Fund | 4 Downloaded

NFO period: 03rd November – 09th November, 2020

Highlights of the NFO:

  • Scheme type – An open-ended Target Maturity Exchange Traded CPSE Bond Plus SDL Fund predominately investing in constituents of Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index

  • Investment objective – The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index before expenses, subject to tracking errors. 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 income over long term by investing in CPSE Bonds & State Development Loans (SDL) similar to the composition of Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index, subject to tracking errors.

  • Minimum Application Amount – First investment is Rs. 5,000/- and multiples of Rs. 1/- thereafter

  • Plan/ Options available – The scheme does not offer any Plans/Options for investment.

  • Fund Managers – Mr. Prashant Pimple

  • Benchmark – Nifty CPSE Bond Plus SDL Sep 2024 50:50 Index

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

Locate Nippon India Mutual Fund Advisors in your city
comments powered by Disqus
Feedback
Notification