Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth

Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth is a debt fund. This fund was started on 23 April, 2020. The fund is managed by . This fund is suitable to keep your money safe.

1. Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth has ₹0 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 Fixed Horizon Fund XLII Series 6 Direct Growth has given a CAGR return of 0.00% since inception.

Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth has allocated its funds majorly in . Its top holdings are

As it is a fixed maturity short-term 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 the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility • Central and State Government securities and • Other fixed income/ debt securities 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 Fixed Horizon Fund XLII Series 6 Direct Growth has no lock in period.