A Oneindia Venture

Nippon India Nifty India Manufacturing Index Fund NFO

By Nippon India Mutual Fund Others Index
NFO Closed

Offer Price

₹10.00

Min. Investment

₹1000

Open Date

06 Aug 2025

Close Date

20 Aug 2025

Nippon India Nifty India Manufacturing Index Fund is a New Fund Offer (NFO) by Nippon Life India Asset Management Ltd. categorized under Index. The NFO is open for subscription from 06 Aug 2025 to 20 Aug 2025. Investors can subscribe with a lumpsum investment of ₹1,000. The offer price is ₹10.00 per unit. The fund will be managed by Himanshu Mange. The fund has a risk rating of 'Very High' with an expected expense ratio of 0.76%. It will benchmark against Nifty India Manufacturing Total Return.

Fund Details

Offer Price
₹10.00 per unit
Subscription Period
06 Aug 2025 to 20 Aug 2025
Min. Lumpsum Amount
₹1000
Scheme Type
Open Ended
Category
Others - Index Funds/ETFs
Risk Level
Very High
Expected Expense Ratio
0.76%
Exit Load
-
Benchmark
Nifty India Manufacturing Total Return
Plan Options
Growth, IDCW, IDCW-Reinvestment

Fund Objective

The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty India Manufacturing Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.

AMC Details

Name
Nippon India Mutual Fund
Fund Manager
Mr. Himanshu Mange (Equity)
Website
https://www.nipponindiamf.com

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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

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