India, July 24 -- Nippon India Mutual Fund has launched a new Open Ended Growth scheme named "Nippon India Nifty Financial Services 9 to 12 months Debt Index 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 28 to Aug 04, 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, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Vikash Agarwal, while the performance of the scheme will be benchmarked against .
The investment objecti...