2026-05-13 05:56:26 pm | Source: Accord Fintech
Nippon India Mutual Fund files offer document for Gold Silver Passive FoF
Nippon India Mutual Fund has filed offer document with SEBI to launch open ended fund of fund scheme named ‘Nippon India Gold Silver Passive FoF'.The New Fund Offer price for units would be Rs 10 each during the NFO. Entry load and Exit load will be nil. The Scheme offers Growth and Income Distribution cum Capital Withdrawal for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance will be benchmarked against Domestic Price of Gold (50%) +Domestic Price of Silver (50%). The minimum application amount during NFO will be Rs 500 and in multiples of Re 1 thereafter.
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