|Min SIP Amount||Not Supported|
|NAV||₹18.20 (29 Oct 2020)|
|Fund Started||16 Dec 2014|
|Fund Size||₹1,506 Cr|
Nippon India Gilt Securities Fund Direct Bonus is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 16 Dec 2014. Prashant R.Pimple is the Current Fund Manager of Nippon India Gilt Securities Fund Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹1,506 Cr and the Latest NAV as of 29 Oct 2020 is ₹18.20.
The Nippon India Gilt Securities Fund Direct Bonus is rated Moderate risk. Minimum SIP Investment is set to 100. 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.