Nippon India Banking & PSU Debt Fund (G)
Scheme Information
2019-11-14
| Asset Management Company (AMC) | Nippon India Life Asset Management Limited |
| Asset Class Type | Debt |
| Inception Date | May 15, 2015 |
| Benchmark | NIFTY Banking and PSU Debt Index |
| Objective | To generate income over short to medium term horizon through investments in debt and money market instruments of various maturities consisting predominantly of securities issued by entities such as Banks Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs). However there is no assurance that the investment objective of the Scheme will be achieved |
| Fund Manager | Anju Chhajer |
| AUM (In Crores) | 3659.87 |
| Allocation |
Debt: 96.6528% Others: 3.3472% |
| Minimum Investment Amount |
First Investment:
5000
|
| Expense Ratio | 0.77 |
| Average Maturity | 1127.85 Days |
| Modified Duration | 930.75 Days |
| Yield to Maturity | 6.73% |
Scripbox has taken due care and caution in compilation of the data contained in this factsheet. This data has been obtained by Scripbox from sources which it considers reliable. However, please verify the data from the mutual fund (link provided) before taking any Investment action based on this information.
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