Nippon India Mutual Fund launches Nippon India Flexi Cap Fund

Jul 26, 2021 by News Team

NFO period: 26th July – 09th August, 2021

Highlights of the NFO:

  • Scheme type – An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks

  • Investment objective – The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. The fund will have the flexibility to invest in a broad range of companies with an objective to maximize the returns, at the same time trying to minimize the risk by reasonable diversification. However, there can be no assurance that the investment objective of the scheme will be realized, as actual market movements may be at variance with anticipated trends.

  • Product suitability – The product is suitable for investors who are seeking long term capital growth by investing in equity and equity related securities.

  • Minimum Application Amount – First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Direct Plan and Regular Plan having Growth Plan and Income Distribution cum capital withdrawal Plan (with Payout Option of Income Distribution cum capital withdrawal Plan and Reinvestment Option of Income Distribution cum capital withdrawal Plan).

  • Fund Managers – Mr. Manish Gunwani, Mr. Dhrumil Shah, Mr. Varun Goenka, Mr. Nikhil Rungta and Ms. Kinjal Desai

  • Benchmark – NIFTY 500 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)