Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund - Regular Plan - Growth Option

Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund - Regular Plan - Growth Option is a scheme launched by Nippon Mutual Fund on March 29, 2022, and falls under the Index fund category. It currently manages an AUM of Rs 3,352.7 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 1000. It charges an expense ratio of 0.31% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund - Regular Plan - Growth Option trailing returns over different times are 8.02% (1 year), 7.14% (3 year) and 0% (5 year). The average annual return of this fund stands at 5.76%.