Risk | High |
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Min SIP Amount | ₹100 |
Expense Ratio | 1.99% |
NAV | ₹9.16 (16 Apr 2021) |
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Fund Started | 26 Jun 2014 |
Fund Size | ₹262 Cr |
Nippon India Strategic Debt Fund IDCW is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 26 Jun 2014. Prashant R.Pimple, Jahnvee Shah is the Current Fund Manager of Nippon India Strategic Debt Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹262 Cr and the Latest NAV as of 16 Apr 2021 is ₹9.16.
The Nippon India Strategic Debt Fund IDCW is rated High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months
The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.