Nippon India Mutual Fund launches Nippon India Multi Asset Fund

Mutual Fund
Aug 7, 2020 by Advisorkhoj Team | Mutual Fund | 12 Downloaded

NFO period: 07th August – 21st August, 2020

Highlights of the NFO:

  • Scheme type – An open ended scheme investing in Equity, Debt and Exchange Traded Commodity Derivatives and Gold ETF

  • Investment objective – The primary investment objective of Nippon India Multi Asset Fund is to seek long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Commodity Derivatives and Gold ETF as permitted by SEBI from time to time. 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 long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Commodity Derivatives and Gold ETF.

  • 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 Plan with Growth Option and Dividend Plan with Dividend Payout Option and Dividend Reinvestment Option.

  • Fund Managers – Mr. Amit Tripathi, Mr. Manish Gunwani, Mr. Ashutosh Bhargava, Mr. Mr. Vikram Dhawan and Mr. Ms. Kinjal Desai

  • Benchmark – 50% of S&P BSE 500, 20% of Crisil Short Term Bond Fund Index & 30% of Thomson Reuters - MCX iCOMDEX Composite Index

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

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