MUTUAL FUNDS
Nippon India MF introduces Nifty 500 Low Volatility 50 Index Fund
Apr-16-2025

Nippon India Mutual Fund has launched Nippon India Nifty 500 Low Volatility 50 Index Fund, an open-ended scheme replicating/tracking Nifty 500 Low Volatility 50 Index. The NFO opens for subscription on April 16, 2025 and closes on April 30, 2025. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Re 1 thereafter.

The performance of the Scheme will be benchmarked with Nifty 500 Low Volatility 50 TRI and its fund manager is Jitendra Tolani.

The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty 500 Low Volatility 50 Index before expenses, subject to tracking errors. 


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