About Nippon India Prime Debt Fund Direct-Dividend monthly
Nippon India Prime Debt Fund Direct-Dividend monthly is a Debt
mutual fund scheme from Nippon India Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Anju Chhajer
and Amit Tripathi
. It has an AUM of ₹1,120.30 Crores and the latest NAV decalared is ₹11.533 as on 15 Oct 2019 at 10:30 pm.
Nippon India Prime Debt Fund Direct-Dividend monthly scheme return performance in last 1 year is 8.82%, in last 3 years is 24.46% and 74.65% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.
The scheme seeks to generate income through investments predominantly in debt instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.