About Nippon India Hybrid Bond Fund Direct - Growth
Nippon India Hybrid Bond Fund Direct - Growth is a Balanced
mutual fund scheme from Nippon India Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Sanjay Parekh
and Sushil Budhia
. It has an AUM of ₹892.49 Crores and the latest NAV decalared is ₹39.010 as on 31 May 2020 at 1:34 pm.
Nippon India Hybrid Bond Fund Direct - Growth scheme return performance in last 1 year is -14.69%, in last 3 years is -4.55% and 53.47% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.