Nippon India Nifty AAA CPSE Bd Pl SDL Apr27 Mat 60:40 Idx Fd Dir Fund Direct Growth

Nippon India Nifty AAA CPSE Bd Pl SDL Apr27 Mat 60:40 Idx Fd Dir Fund Direct Growth is a debt fund. This fund was started on 29 March, 2022. The fund is managed by Vivek Sharma, Siddharth Deb. This fund is suitable to keep your money safe.

1. Nippon India Nifty AAA CPSE Bd Pl SDL Apr27 Mat 60:40 Idx Fd Dir Fund Direct Growth has ₹3561 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Nippon India Nifty AAA CPSE Bd Pl SDL Apr27 Mat 60:40 Idx Fd Dir Fund Direct Growth has given a CAGR return of 5.79% since inception. Over the last 1 year the fund has given a CAGR return of 8.02%.

Nippon India Nifty AAA CPSE Bd Pl SDL Apr27 Mat 60:40 Idx Fd Dir Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are Rural Electrification Corporation Limited, Indian Railway Finance Corporation Limited, 07.75 KA Sdl 2027, Power Finance Corporation Ltd., 07.76 MP Sdl 2027

As it is a index funds - fixed income mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty AAA CPSE Bond Plus SDL Apr 2027 60:40 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Nippon India Nifty AAA CPSE Bd Pl SDL Apr27 Mat 60:40 Idx Fd Dir Fund Direct Growth has no lock in period.