Nippon India Prime Debt Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 14 Sep 2000. Amit Tripathi, Anju Chajjer is the Current Fund Manager of Nippon India Prime Debt Fund Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹957 Cr and the Latest NAV as of 06 Dec 2019 is ₹11.42.
The Nippon India Prime Debt Fund Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. 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