Nippon India Income Fund (Half Yearly) is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 1998. Prashant R.Pimple is the Current Fund Manager of Nippon India Income Fund (Half Yearly).The fund currently has an Asset Under Management(AUM) of ₹270 Cr and the Latest NAV as of 15 Nov 2019 is ₹12.54.
The Nippon India Income Fund (Half Yearly) is rated Moderate risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 15 days.
Investment Objective
Aims to generate optimal returns consistent with moderate level of risk by investing in Debt and Money Market Instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.25% if redeemed within 15 days
Exit Load