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News Nippon India Mutual Fund launches Nippon India BSE Sensex Next 30 Index Fund
May 21, 2025
Mutual Fund
Nippon India Mutual Fund launches Nippon India BSE Sensex Next 30 Index Fund
NFO period: 21st May - 04th June, 2025
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating/tracking BSE Sensex Next 30 Index.
- Investment objective - The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the BSE Sensex Next 30 Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking long Term Capital Growth. Investments in equity and equity related securities and portfolio replicating the composition of the BSE Sensex Next 30 Index, subject to tracking errors.
- Minimum Application Amount - Rs. 1000/- and in multiples of Re. 1/- thereafter.
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Managers - Mr. Himanshu Mange
- Benchmark - BSE Sensex Next 30 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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