Nippon India Mutual Fund launches Nippon India Passive Flexicap FoF

Mutual Fund
Dec 12, 2020 by Advisorkhoj Team | Mutual Fund | 8 Downloaded

NFO period: 10th December – 24th December, 2020

Highlights of the NFO:

  • Scheme type – An Open ended fund of funds scheme investing in units of Exchange Traded Funds (ETFs)/ Index Funds of Nippon India Mutual Fund

  • Investment objective – The investment objective of the scheme is to seek to long term capital growth by investing in units of ETFs/Index Funds of Nippon India Mutual Fund. 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 appreciation by investing predominantly in units of ETFs/Index Funds of Nippon India Mutual Fund.

  • 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. Mehul Dama

  • Benchmark – Nifty 500 TRI

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

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