Nippon India CRISIL – IBX AAA Financial Services – Jan 2028 Index Fund:
Looking to invest in the High-Quality# portfolio consisting of Debt securities in Financial Services sector? Here is your opportunity!
Presenting Nippon India CRISIL-IBX AAA Financial Services-Jan 2028 Index Fund that invests in financial services sector, including NBFCs, HFCs, and PFIs etc. and matures on January 2028.
- Portfolio with 100% AAA rated securities
- Buy & Hold Strategy^
- Exposure to financial services sector
- Low Cost*
#High Quality refers to AAA rated Securities
*Low cost in terms of Total Expense Ratio
^Scheme will follow buy & hold strategy in which existing assets will be held till maturity, subject to semiannual index rebalancing
NBFC – Non-Banking Financial Company | HFC – Housing Finance Company | PFI – Public Financial Institutions
(source:nipponindiaim.com)
Nippon India CRISIL – IBX AAA Financial Services – Jan 2028 Index Fund Details:
Mutual Fund | Nippon India Mutual Fund |
Scheme Name | Nippon India CRISIL – IBX AAA Financial Services – Jan 2028 Index Fund |
Objective of Scheme | The investment objective of the scheme is to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index – Jan 2028 before expenses, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved. |
Scheme Type | Open Ended |
Scheme Category | Other Scheme – Index Funds |
New Fund Launch Date | 15-Oct-2024 |
New Fund Earliest Closure Date | |
New Fund Offer Closure Date | 21-Oct-2024 |
Indicate Load Seperately | |
Minimum Subscription Amount | Rs.1,000 and in multiples of Re.1 thereafter |
(source:amfiindia)
Scheme Documents
(source:barodabnpparibasmf.in)
Nippon India CRISIL – IBX AAA Financial Services – Jan 2028 Index Fund