About Nippon India Equity Hybrid Fund Direct-Dividend
Nippon India Equity Hybrid Fund Direct-Dividend 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 Amit Tripathi
. It has an AUM of ₹9,352.82 Crores and the latest NAV decalared is ₹21.064 as on 18 Oct 2019 at 10:50 pm.
Nippon India Equity Hybrid Fund Direct-Dividend scheme return performance in last 1 year is 3.25%, in last 3 years is 21.78% and 120.97% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.
The scheme aims to generate consistent returns by investing a major portion in equity and a small portion in debt and money market instruments. It will invest upto 50 per cent of its assets in equities and equity related securities and atleast 25 per cent of its assets in debt and money market instruments with an average maturity of 1 to 7 years.