|Min SIP Amount||Not Supported|
|NAV||₹12.47 (22 Jan 2021)|
|Fund Started||28 Jun 2018|
|Fund Size||₹150 Cr|
|LIC Housing Finance Ltd.||Financial||Debenture||11.2%|
|Sundaram Finance Ltd.||Financial||Debenture||10.0%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||10.0%|
|HDB Financial Services Ltd.||Financial||NCD||9.1%|
|Power Finance Corpn. Ltd.||Financial||Bonds||8.9%|
|Indian Railway Finance Corpn. Ltd.||Financial||Bonds||5.9%|
|Axis Bank Ltd.||Financial||CD||4.1%|
|Kotak Mahindra Prime Ltd.||Financial||DDB||3.8%|
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 ₹150 Cr and the Latest NAV as of 22 Jan 2021 is ₹12.47.
The Nippon India Fixed Horizon Fund XXXVIII Series 1 Direct Growth is rated Moderately Low 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.