Nippon India Gilt Fund - Growth Plan - Growth Option

Nippon India Gilt Fund - Growth Plan - Growth Option is a scheme launched by Nippon Mutual Fund on August 22, 2008, and falls under the Gilt fund category. It currently manages an AUM of Rs 1,957.16 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 5000. It charges an expense ratio of 1.27% for managing the portfolio.

• Investing Strategy:

  To generate optimal credit risk-free returns by investing in a portfolio of securities issued and guaranteed by the Central and State governments.

• Performance:

  Nippon India Gilt Fund - Growth Plan - Growth Option trailing returns over different times are 4.11% (1 year), 6.49% (3 year) and 4.95% (5 year). The average annual return of this fund stands at 2.87%.