Offer Price
₹10.00
Min. Investment
₹500
Open Date
10 Feb 2025
Close Date
24 Feb 2025
Fund Status
Nippon India Active Momentum Fund is a New Fund Offer (NFO) by Nippon Life India Asset Management Ltd. categorized under Sector. The NFO is open for subscription from 10 Feb 2025 to 24 Feb 2025. Investors can subscribe with a lumpsum investment of ₹500. The offer price is ₹10.00 per unit. The fund will be managed by Ashutosh Bhargava. The fund has a risk rating of 'Very High' with an expected expense ratio of 1.65%. It will benchmark against NIfty 500 Total Return.
The investment objective of the scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. There is no assurance that the investment objective of the Scheme will be achieved.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article