Nippon India Prime Debt Fund Dividend Daily is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 23 Jul 2008. Amit Tripathi, Anju Chajjer is the Current Fund Manager of Nippon India Prime Debt Fund Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹908 Cr and the Latest NAV as of 21 Jan 2020 is ₹17.10.
The Nippon India Prime Debt Fund Dividend Daily is rated Moderate risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 1000. Nil.
The primary investment objective of the Scheme is to generate regular income in order to make regular dividend payments to unit-holders and the secondary objective is growth of capital.
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)
Min for First Investment
Min for Second Investment