India, July 14 -- Nippon India Mutual Fund has launched a new Open Ended Growth scheme named "Nippon India Nifty 1D Rate Liquid ETF" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 1,000.00 per unit, which will open for subscription from Jul 16 to Jul 18, 2025.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 1,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.
The fund manager of the scheme will be Vikash Agarwal, while the performance of the scheme will be benchmarked against Nifty 1D Rate Index.
The investment objective of Nippon India Nifty 1D Rate L...