Fund News

Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight to Merge with Nippon India Corporate Bond Fund

Nippon India Mutual Fund has announced the merger of Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight

Nippon India Mutual Fund has announced the merger of Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight into Nippon India Corporate Bond Fund, effective May 4, 2026.

As a result of this merger, Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight will cease to exist, and its unit holders will become unit holders of Nippon India Corporate Bond Fund.

Exit Window: Unit holders of Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight who do not favor this merger can exit or switch their investments without any exit load between March 30, 2026, and April 29, 2026.

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