Nippon India Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Prashant R.Pimple is the Current Fund Manager of Nippon India Short Term Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹5,910 Cr and the Latest NAV as of 21 Nov 2019 is ₹38.53.
The Nippon India Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
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.
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