Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50-Growth

About Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50-Growth

Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50-Growth is a debt mutual fund scheme of Nippon India Mutual Fund. Launched on November 13, 2020, it is currently managed by . The fund has an expense ratio of 0.20% with an overall AUM (Assets Under Management) of ₹1,019 Cr.

Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50 has a fixed tenure and it invests in bonds whose maturity is in line with the tenure of the fund. Being passively managed, it replicates the portfolio of its chosen benchmark index. Upon the completion of the stated tenure, the fund will be wound up and money will be returned to investors along with accumulated gains. But they do not guarantee returns or safety of capital. The fund allows minimum lumpsum investment of ₹-- and minimum SIP of ₹--.

Suitability

Target Maturity funds are suitable for investors:

• Looking for a debt fund with high predictability of returns
• Whose investment horizon matches with the fund's tenure
• Looking to earn marginally higher than FDs of similar maturity, with low volatility

Note:

• Unlike FD, there is no guarantee of returns
• Not suitable for long-term wealth creation
• Being passively managed, the fund replicates the portfolio of its chosen benchmark index