Nippon India Credit Risk Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was made available to investors on 27 Oct 2014. Prashant R.Pimple is the Current Fund Manager of Nippon India Credit Risk Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,101 Cr and the Latest NAV as of 05 Jun 2020 is ₹13.08.
The Nippon India Credit Risk Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500. Exit load of 1% if units in excess of 10% are redeemed within 12 months
The primary investment objective of this plan is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments.
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
Exit load of 1% if units in excess of 10% are redeemed within 12 months