
Nippon India Mutual Fund has announced the merger of Nippon India Annual Interval Series I into Nippon India Low Duration Fund, effective April 22, 2026. As a result of this merger, Nippon India Annual Interval Series I will cease to exist, and its unitholders will become unitholders of Nippon India Low Duration Fund.
Exit Window: Unitholders of Nippon India Annual Interval Series I who do not favor this merger can exit or switch their investments without any exit load between March 24, 2026 and April 22, 2026.