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Nippon India Overnight Fund Direct IDCW Monthly+0.01%

3.06%
1 Year Return
Debt
Overnight
4.0star
6M
1Y
All

Fund Details

Nippon India Overnight Fund Direct IDCW Monthly

RiskLow
Min SIP Amount₹100
Expense Ratio0.10%
NAV₹100.27 (13 May 2021)
Fund Started17 Dec 2018
Fund Size6,370 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.1%
-
-
0.2%
Category Average
3.0%
4.5%
5.1%
-
Rank Within Category
15
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Would have become
0
with 3.1% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
Cons
Found nothing so far.

Fund Managers

Anju Chhajer
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Nippon India Overnight Fund Direct IDCW Monthly Details

Nippon India Overnight Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 17 Dec 2018. Anju Chhajer is the Current Fund Manager of Nippon India Overnight Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹6,370 Cr and the Latest NAV as of 13 May 2021 is ₹100.27.

The Nippon India Overnight Fund Direct IDCW Monthly is rated Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.

Investment Objective

The scheme seeks to generate optimal returns with low risk and high liquidity by investing in debt and money market instruments with overnight maturity.

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
Nil
Exit Load

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About Nippon India Mutual Fund

Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
Launch Date
30 Jun 1995
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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