About Nippon India Strategic Debt Fund Direct-Dividend Reinvestment
Nippon India Strategic Debt Fund Direct-Dividend Reinvestment is a Debt
mutual fund scheme from Nippon India Mutual Fund
. This scheme was launched on 26 Jun 2014 and is currently managed by its fund manager Prashant R Pimple
. It has an AUM of ₹3,176.38 Crores and the latest NAV decalared is ₹12.402 as on 15 Oct 2019 at 10:30 pm.
Nippon India Strategic Debt Fund Direct-Dividend Reinvestment scheme return performance in last 1 year is -0.26%, in last 3 years is 13.37% and 46.77% since scheme launch. The min. SIP amount to invest in this scheme is ₹100.
The scheme seeks to generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.