Nippon India Mutual Fund launches Nippon India CRISIL IBX Financial Services 3 6 Months Debt Index Fund
NFO period: 05th Mar - 09th Mar, 2026
Highlights of the NFO:
- Scheme type - An open-ended Target Duration Index Fund investing in constituents of CRISIL-IBX Financial Services 3-6 Months Debt Index. A Relatively Low Interest rate risk and Relatively Low Credit Risk.
- Investment objective - The investment objective of the scheme is to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX Financial Services 3-6 Months Debt Index before expenses, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved
- Product suitability - This product is suitable for investors who are seeking income through exposure over shorter term maturity instruments. An open-ended Target Duration Index Fund tracking CRISIL-IBX Financial Services 3-6 Months Debt Index, subject to tracking errors
- Minimum Application Amount - Minimum amount of Rs.1,000 and in multiples of Re.1 thereafter
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Managers - Mr. Vikash Agarwal
- Benchmark - CRISIL-IBX Financial Services 3-6 Months Debt Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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