Nippon India Fixed Horizon Fund XXXVIII Series 5 Direct Growth

Nippon India Fixed Horizon Fund XXXVIII Series 5 Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. The fund currently has an Asset Under Management(AUM) of ₹7,11,423 Cr and the Latest NAV as of 10 Aug 2021 is ₹12.75. The Nippon India Fixed Horizon Fund XXXVIII Series 5 Direct Growth is rated Low to Moderate risk. ;

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and . Other fixed income/ debt securities. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.;