|Min SIP Amount||₹100|
|NAV||₹28.41 (13 Jul 2020)|
|Fund Started||15 Nov 2004|
|Fund Size||₹764 Cr|
|Power Finance Corpn. Ltd.||Financial||NCD||4.2%|
Nippon India Dynamic Bond Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹764 Cr and the Latest NAV as of 13 Jul 2020 is ₹28.41.
The Nippon India Dynamic Bond Fund 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.