|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹12.57 (16 Apr 2021)|
|Fund Started||03 Aug 2018|
|Fund Size||₹173 Cr|
|Aditya Birla Finance Ltd.||Financial||ZCB||10.3%|
|Power Finance Corpn. Ltd.||Financial||Debenture||10.0%|
|L&T Finance Ltd.||Financial||NCD||9.1%|
|Reliance Jio Infocomm Ltd.||Communication||Debenture||8.8%|
|Indiabulls Housing Finance Ltd.||Financial||NCD||8.6%|
|Sikka Ports and Terminals Ltd.||Energy||Bonds/NCD||7.8%|
|Nabha Power Ltd.||Engineering||Debenture||7.5%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||5.5%|
|Bank Of Baroda||Financial||CD||3.2%|
Nippon India Fixed Horizon Fund XXXVIII Series 7 Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 03 Aug 2018. Amit Tripathi is the Current Fund Manager of Nippon India Fixed Horizon Fund XXXVIII Series 7 Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹173 Cr and the Latest NAV as of 16 Apr 2021 is ₹12.57.
The Nippon India Fixed Horizon Fund XXXVIII Series 7 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.