|Min SIP Amount||Not Supported|
|NAV||₹100.00 (13 Jun 2021)|
|Fund Started||18 Dec 2018|
|Fund Size||₹5,552 Cr|
Nippon India Overnight Fund Regular IDCW Daily is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 18 Dec 2018. Anju Chhajer is the Current Fund Manager of Nippon India Overnight Fund Regular IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹5,552 Cr and the Latest NAV as of 13 Jun 2021 is ₹100.00.
The Nippon India Overnight Fund Regular IDCW Daily is rated Low risk.
The scheme seeks to generate optimal returns with low risk and high liquidity by investing in debt and money market instruments with overnight maturity.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.