Nippon India Income Fund Direct Growth

Nippon India Income Fund Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Prashant R.Pimple is the Current Fund Manager of Nippon India Income Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,70,360 Cr and the Latest NAV as of 24 May 2024 is ₹91.40. The Nippon India Income Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25% if redeemed within 15 days ;

Investment Objective

The scheme aims to generate capital appreciation of the portfolio and optimal returns consistent with moderate risk. The scheme will predominantly invest in debt instruments, while money market investment can also go up to 50 per cent. ;