NIPPON INDIA MONTHLY INTERVAL FUND SERIES I REGULAR PLAN IDCW PAYOUT

NIPPON INDIA MONTHLY INTERVAL FUND SERIES I REGULAR PLAN IDCW PAYOUT is a scheme launched by Nippon Mutual Fund on March 15, 2007, and falls under the FMP fund category. It currently manages an AUM of Rs 3.26 crore. The fund permits investments with a minimum SIP of Rs 0 and a lump sum of Rs 5000. It charges an expense ratio of 0.13% for managing the portfolio.

• Investing Strategy:

  To seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and Other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility

• Performance:

  NIPPON INDIA MONTHLY INTERVAL FUND SERIES I REGULAR PLAN IDCW PAYOUT trailing returns over different times are -0.01% (1 year), 0.02% (3 year) and 0.01% (5 year). The average annual return of this fund stands at -0.15%.