Nippon India Hybrid Bond Fund Direct Dividend monthly is a Hybrid Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Amit Tripathi, Sanjay Parekh is the Current Fund Manager of Nippon India Hybrid Bond Fund Direct Dividend monthly.The fund currently has an Asset Under Management(AUM) of ₹1,638 Cr and the Latest NAV as of 18 Oct 2019 is ₹12.49.
The Nippon India Hybrid Bond Fund Direct Dividend monthly is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months..
Investment Objective
The primary objective of the scheme is to generate regular income in order to make regular dividend payments to unit holders with the secondary objective of growth in 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
For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months.
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