Nippon India Low Duration Fund Retail Plan Dividend Daily is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 20 Mar 2007. Amit Tripathi, Anju Chajjer is the Current Fund Manager of Nippon India Low Duration Fund Retail Plan Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹3,511 Cr and the Latest NAV as of 11 Oct 2019 is ₹1007.50.
The Nippon India Low Duration Fund Retail Plan Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
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.
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)
₹500
Min for First Investment
₹100
Min for Second Investment