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 ₹7,027 Cr and the Latest NAV as of 20 Jan 2020 is ₹38.90.
The Nippon India Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 500. 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)
₹500
Min for First Investment
₹500
Min for Second Investment