|Min SIP Amount||₹100|
|NAV||₹41.41 (07 Aug 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹6,825 Cr|
|India Infradebt Ltd.||Construction||NCD||3.7%|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||3.6%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||3.2%|
|India Grid Trust||Engineering||NCD||3.1%|
|Reliance Industries Ltd.||Energy||NCD||3.0%|
Nippon India Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹6,825 Cr and the Latest NAV as of 07 Aug 2020 is ₹41.41.
The Nippon India Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.
It aims to generate stable returns for investors with a short-term investment horizon by investing in fixed income securities of a short-term maturity.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.