Nippon India Mutual Fund launches Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund

NFO period: 23^rd Feb - 25^th Feb, 2026

Highlights of the NFO:

• Scheme type - An open-ended Target Duration Index Fund investing in constituents of CRISIL-IBX Financial Services 9-12 Months Debt Index. A Relatively Low Interest rate risk and Relatively Low Credit Risk.


• Investment objective - The investment objective of the scheme is to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX Financial Services 9-12 Months Debt Index before expenses, subject to tracking errors. 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 to generate income through exposure over shorter term maturity instruments. An open-ended Target Duration Index Fund tracking CRISIL-IBX Financial Services 9-12 Months Debt Index, subject to tracking errors


• Minimum Application Amount - Rs. 1000/- and in multiples of Rs. 1/- thereafter.


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Vikash Agarwal


• Benchmark - CRISIL-IBX Financial Services 9-12 Months Debt Index