Nippon India Equity Savings Segregated Portfolio 1 Fund Direct Growth

Nippon India Equity Savings Segregated Portfolio 1 Fund Direct Growth is a debt fund. This fund was started on 25 September, 2019. The fund is managed by Sushil Budhia, Dhrumil Shah, Kinjal Desai, Anand Gupta. This fund is suitable to keep your money safe.

1. Nippon India Equity Savings Segregated Portfolio 1 Fund Direct Growth has ₹26 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.
   

Nippon India Equity Savings Segregated Portfolio 1 Fund Direct Growth has given a CAGR return of 0.00% since inception.

Nippon India Equity Savings Segregated Portfolio 1 Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent. Its top holdings are Reliance Capital Limited

As it is a other bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

The primary investment objective of this fund is to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Nippon India Equity Savings Segregated Portfolio 1 Fund Direct Growth has no lock in period.