India, June 26 -- Nippon India Mutual Fund has launched a new Open Ended Growth scheme named "Nippon India MNC Fund" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jul 02 to Jul 16, 2025.

According to the offer document filed with SEBI, the entry load is Nil and exit load is 1.

The minimum application amount is Rs 500.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.

The fund manager of the scheme will be Dhrumil Shah, while the performance of the scheme will be benchmarked against Nifty MNC Total Return.

The primary investment objective of the s...