Nippon India Low Duration Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 14 Nov 2013. Amit Tripathi, Anju Chajjer is the Current Fund Manager of Nippon India Low Duration Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹3,511 Cr and the Latest NAV as of 18 Oct 2019 is ₹1484.52.
The Nippon India Low Duration Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 500. Nil.
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.
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