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 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.
Scheme Category– 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 any amount 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