Nippon India Mutual Fund launches Nippon India Active Momentum Fund
10 Feb,   2025 By: Eastern Fin Research Team #Mutual Fund

NFO period: 10th February - 24th February, 2025

Highlights of the NFO:

  • Scheme type - An open-ended equity scheme following momentum theme

  • Investment objective - The investment objective of the scheme is to achieve long-term capital appreciation for its investors. This objective will be pursued by strategically investing in a diversified portfolio of equity and equity-related instruments. The selection of these instruments will be based on a quantitative model meticulously designed to identify potential investment opportunities that exhibit the potential for significant capital appreciation over the specified investment horizon. There is no assurance that the investment objective of the scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking Long Term Capital Appreciation. An actively managed thematic equity scheme that invests in stocks exhibiting momentum characteristics.

  • Minimum Application Amount - First investment is Rs. 500/- and multiples of Rs. 1/- thereafter

  • Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum capital withdrawal Plan - Payout Option and Reinvestment Option.

  • Fund Managers - Mr. Ashutosh Bhargava and Ms. Kinjal Desai

  • Benchmark - AMFI Tier I Benchmark - NIFTY 500 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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