|Min SIP Amount||₹500|
|NAV||₹16.54 (23 Jul 2021)|
|Fund Started||11 Feb 2015|
|Fund Size||₹264 Cr|
Nippon IndiaRetirement Fund Income Generation Scheme Direct Growth is a Solution Oriented Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 11 Feb 2015. Sanjay Parekh, Anju Chajjer, Jahnvee Shah is the Current Fund Manager of Nippon IndiaRetirement Fund Income Generation Scheme Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹264 Cr and the Latest NAV as of 23 Jul 2021 is ₹16.54.
The Nippon IndiaRetirement Fund Income Generation Scheme Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme seeks to provide capital appreciation and consistent income to the investors which will be in line with their retirement goals by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities.