Nippon India Fixed Horizon Fund XXXX Series 16 Direct Growth

Nippon India Fixed Horizon Fund XXXX Series 16 Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Amit Tripathi is the Current Fund Manager of Nippon India Fixed Horizon Fund XXXX Series 16 Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,13,160 Cr and the Latest NAV as of 15 Jun 2022 is ₹13.30. The Nippon India Fixed Horizon Fund XXXX Series 16 Direct Growth is rated Moderate risk. ;

Investment Objective

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. ;