Investment 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.
| Fund Overview | |
| Exit Load | Nil |
| Min. SIP Amount | ₹ 100 |
| Min. LumpSum Amount | ₹ 1000 |
| Launch Date | 6th Aug 2025 |
| End Date | 20th Aug 2025 |
| Allotment Date | 26th Aug 2025 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | Nifty India Manufacturing TRI |
| Risk | Very High |
| Scheme Category | Other , Index Fund |
| Fund Manager | Himanshu Mange |
| AMC Name | Nippon Life India Asset Management Ltd |
| RTA | KFin Technologies Limited |
| Total AUM | ₹ 471,807.33 cr |
| Total Schemes | 71 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Nippon India Mutual Fund
Nippon Mutual Fund, formerly Reliance Mutual Fund, is a leading asset management company in India, established in June 1995. Initially a joint venture between Reliance Capital and Nippon Life Insurance, it was rebranded after Nippon Life acquired Reliance’s stake in 2019.
Managed by Nippon Life India Asset Management (NAM India), it handles assets worth ₹. 431,308 crores across equity, debt, and balanced schemes.
The company offers portfolio management, Mutual Fund investment, and advisory services. Notably, Nippon became the first listed mutual fund in India in 2017 and is SEBI-registered since inception. Its vision is to create a better financial future for investors.
You can explore more Mutual Funds offered by Nippon India Mutual Fund here
Happy Investing,
Saurav Parui.