21/06/2021 10:46:52 AM | Source: Accord Fintech
Nippon India MF introduces Nifty Pharma ETF
Nippon India Mutual Fund (MF) has launched the Nippon India Nifty Pharma ETF, an open-ended scheme replicating/ tracking NIFTY Pharma Index. The NFO opens for subscription on June 21, 2021 and closes on June 28, 2021. The Entry load and the Exit Load is not applicable for the scheme. The minimum subscription amount is Rs 1,000 & in multiples of Re 1 thereafter.
The performance of the scheme shall be benchmarked to the Total Return (TRI) and its fund managers is Mehul Dama.
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the NIFTY Pharma Index before expenses, subject to tracking errors.
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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