|Min SIP Amount||₹100|
|NAV||₹11.63 (23 Oct 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,506 Cr|
Nippon India Gilt Securities Fund Direct Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,506 Cr and the Latest NAV as of 23 Oct 2020 is ₹11.63.
The Nippon India Gilt Securities Fund Direct Dividend Monthly 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.