Nippon India Mutual Fund merges its four schemes fixed maturity schemes

Nippon India Mutual Fund has announced the merger of following schemes, effective April 23, 2025 .

Nippon India Quarterly Interval Series III, Nippon India Quarterly Interval Series II and Nippon India Quarterly Interval Series I merges into Nippon India Liquid Fund .

As a result of these mergers, Nippon India Quarterly Interval Series III, Nippon India Quarterly Interval Series II and Nippon India Quarterly Interval Series I will cease to exist, and their unitholders will become unitholders of Nippon India Liquid Fund.

Exit Window: Unitholders of schemes who do not favor this merger can exit or switch their investments without any exit load between March 24, 2025, and April 22, 2025.