Nippon India Innovation Fund Floats On
Published on Aug 05, 2023 09:17
Nippon India Mutual Fund has launched a new fund named as Nippon India Innovation Fund.
The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.
Category of Scheme: Equity Scheme - Sectoral/ Thematic
The scheme has two plans: regular plan and direct plan.
The Scheme has the following Options: Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option
The minimum application amount is Rs 500 and in multiples of Re. 1/- thereafter.
The additional application amount is Rs 100 and in multiples of Re. 1/- thereafter.
Load structure: 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units. Nil, thereafter
Benchmark Index for the scheme is Nifty 500 TRI
The fund manager of the scheme is Mr. Vinay Sharma and Ms. Kinjal Desai - Fund Manager - Overseas Investment
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