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News Nippon India Mutual Fund launches Nippon India Nifty India Manufacturing Index Fund
Aug 6, 2025
Mutual Fund
Nippon India Mutual Fund launches Nippon India Nifty India Manufacturing Index Fund
NFO period: 06th August - 20th August, 2025
Highlights of the NFO:
- Scheme type - An open-ended scheme replicating/tracking Nifty India Manufacturing 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 Nifty India Manufacturing 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 for long Term Capital Growth Investments in equity and equity related securities and portfolio replicating the composition of the Nifty India Manufacturing Index, subject to tracking error
- Minimum Application Amount - Rs. 1000/- and any amount 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 - Nifty India Manufacturing TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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