| Launch date | 15 Oct 2024 |
| Allotment date | 25 Oct 2024 |
| End date | 21 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.15%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹100 |
Fund management
Siddharth DebOct 2024 - PresentView details
Vivek SharmaOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #4 in India |
|---|---|
| Total AUM | ₹5,13,159.79Cr |
| Date of Incorporation | 30 Jun 1995 |
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Nippon India CRISIL IBX AAA Financial Services Jan 2028 Index Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Siddharth Deb is the Current Fund Manager of Nippon India CRISIL IBX AAA Financial Services Jan 2028 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,13,160 Cr and the Latest NAV as of 11 Dec 2024 is ₹10.11. The Nippon India CRISIL IBX AAA Financial Services Jan 2028 Index Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000. ;
Investment Objective
The scheme seeks to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index - Jan 2028 before expenses, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved. ;
| Fund benchmark | CRISIL-IBX AAA Financial Services Index - Jan 2028 |
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