| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.00% |
| NAV | ₹11.96 (10 Jul 2020) |
|---|---|
| Fund Started | 24 Jul 2018 |
| Fund Size | ₹1,877 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Debenture | 10.1% |
| L&T Finance Ltd. | Financial | NCD | 9.7% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 9.5% |
| Aditya Birla Finance Ltd. | Financial | ZCB | 9.2% |
| Sikka Ports and Terminals Ltd. | Energy | Bonds/NCD | 8.7% |
| Nabha Power Ltd. | Engineering | NCD | 7.1% |
| SBI Cards & Payments Services Ltd. | Financial | NCD | 6.0% |
| Indiabulls Housing Finance Ltd. | Financial | NCD | 5.8% |
| Tamilnadu State | Others | SDL | 5.1% |
| Uttarakhand State | Others | SDL | 2.8% |
Nippon India Fixed Horizon Fund XXXVIII Series 6 Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 24 Jul 2018. Amit Tripathi is the Current Fund Manager of Nippon India Fixed Horizon Fund XXXVIII Series 6 Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,877 Cr and the Latest NAV as of 10 Jul 2020 is ₹11.96.
The Nippon India Fixed Horizon Fund XXXVIII Series 6 Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500.
The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and. Other fixed income/ debt securities. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.