|Min SIP Amount||₹100|
|NAV||₹17.87 (12 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,861 Cr|
Nippon India Gilt Securities Fund Direct Automatic Annual Reinvest Option is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Gilt Securities Fund Direct Automatic Annual Reinvest Option fund.The fund currently has an Asset Under Management(AUM) of ₹1,861 Cr and the Latest NAV as of 12 May 2021 is ₹17.87.
The Nippon India Gilt Securities Fund Direct Automatic Annual Reinvest Option is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 7 days.
The scheme aims to generate optimal credit risk-free returns by investing in a portfolio of securities, issued and guaranteed by the Central and State Government.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.