Scheme type - An open ended fund of funds scheme investing in units of domestic active and passive Debt oriented and arbitrage schemes
Investment objective - The primary objective of the Scheme is to invest in units of domestic active and passive debt oriented schemes and Arbitrage schemes of Nippon India Mutual Fund or any other Mutual Fund(s) in order to generate regular income. There is no assurance that the investment objective of the Scheme will be achieved.
Product suitability - This product is suitable for investors who are seeking to generate long term capital appreciation. Investment in Units of domestic Active and passive Debt oriented and arbitrage schemes.
Minimum Application Amount - Minimum amount of Rs.500 and in multiples of Re.1 thereafter.
Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
Fund Managers - Mr. Sushil Hari Prasad Budhia & Mr. Vikash Agarwal
Benchmark - 60% CRISIL Short Term Bond Index + 40% Nifty 50 Arbitrage Index.