|Min SIP Amount||₹100|
|NAV||₹29.59 (03 Jul 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹721 Cr|
|Power Finance Corpn. Ltd.||Financial||NCD||4.2%|
Nippon India Dynamic Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Dynamic Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹721 Cr and the Latest NAV as of 03 Jul 2020 is ₹29.59.
The Nippon India Dynamic Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 month.
To generate optimal returns consistent with moderate levels of risks. This income may be complimented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in debt instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.