|Min SIP Amount||₹100|
|NAV||₹11.46 (23 Oct 2020)|
|Fund Started||18 Dec 2002|
|Fund Size||₹8,637 Cr|
|Housing Development Finance Corpn. Ltd.||Financial||NCD||2.9%|
|India Infradebt Ltd.||Construction||NCD||2.6%|
|National Bank For Agriculture & Rural Development||Financial||Debenture||2.5%|
|India Grid Trust||Engineering||NCD||2.5%|
|Manappuram Finance Ltd.||Financial||NCD||2.0%|
Nippon India Short Term Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 18 Dec 2002. Prashant R.Pimple is the Current Fund Manager of Nippon India Short Term Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹8,637 Cr and the Latest NAV as of 23 Oct 2020 is ₹11.46.
The Nippon India Short Term Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500.
The scheme seeks to generate stable returns for investors with a short term investment horizon by investing in debt and 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.