Nippon India Prime Debt Fund Direct Dividend monthly is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Amit Tripathi, Anju Chajjer is the Current Fund Manager of Nippon India Prime Debt Fund Direct Dividend monthly.The fund currently has an Asset Under Management(AUM) of ₹1,120 Cr and the Latest NAV as of 11 Oct 2019 is ₹11.51.
The Nippon India Prime Debt Fund Direct Dividend monthly is rated Moderate risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
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.
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