|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹12.68 (08 Jul 2021)|
|Fund Started||28 Jun 2018|
|Fund Size||₹153 Cr|
|Nippon India Liquid Fund Direct-Growth||Financial||Mutual Fund||39.4%|
|Reserve Bank of India||Financial||T-Bills||21.1%|
|HDB Financial Services Ltd.||Financial||NCD||8.7%|
|Power Finance Corporation Ltd.||Financial||Bonds||8.5%|
|Kotak Mahindra Prime Ltd.||Financial||DDB||3.8%|
|Uttar Pradesh State||Others||SDL||2.0%|
Nippon India Fixed Horizon Fund XXXVIII Series 1 Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 28 Jun 2018. Amit Tripathi is the Current Fund Manager of Nippon India Fixed Horizon Fund XXXVIII Series 1 Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹153 Cr and the Latest NAV as of 08 Jul 2021 is ₹12.68.
The Nippon India Fixed Horizon Fund XXXVIII Series 1 Direct Growth is rated Low to Moderate risk.
The scheme seeks to generate returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and Other fixed income/ debt securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility.