|Min SIP Amount||₹100|
|NAV||₹19.44 (29 Oct 2020)|
|Fund Started||15 Nov 2004|
|Fund Size||₹1,276 Cr|
Nippon India Dynamic Bond Fund Dividend is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 15 Nov 2004. Prashant R.Pimple is the Current Fund Manager of Nippon India Dynamic Bond Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,276 Cr and the Latest NAV as of 29 Oct 2020 is ₹19.44.
The Nippon India Dynamic Bond Fund Dividend 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.
The scheme aims to generate regular income and capital appreciation through investment in debt instruments and related securities besides preservation of capital The scheme can also invest in money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.