Nippon India Nivesh Lakshya Long Duration Fund- Growth Option

Nippon India Nivesh Lakshya Long Duration Fund- Growth Option is a scheme launched by Nippon Mutual Fund on July 06, 2018, and falls under the Long Duration fund category. It currently manages an AUM of Rs 9,533.32 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 0.61% for managing the portfolio.

• Investing Strategy:

  to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments

• Performance:

  Nippon India Nivesh Lakshya Long Duration Fund- Growth Option trailing returns over different times are 4.97% (1 year), 7.52% (3 year) and 5.65% (5 year). The average annual return of this fund stands at 3.36%.