Nippon India Passive Flexicap FoF

Nippon India Mutual Fund

NFO Start Date

December 10, 2020

NFO Close Date

December 24, 2020

Scheme Type

Open Ended

Category

Other - Fund of Fund Domestic

Object of Scheme

The investment objective of the Scheme is to seek to long term capital growth by investing in units of ETFs/Index Funds of Nippon India Mutual Fund. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Suitability

This scheme is suitable for investors with moderately high-risk appetite who are –

• Long term capital appreciation

• Investment predominantly in units of ETFs/Index Funds of Nippon India Mutual Fund

Asset Allocation

InstrumentsMinimum % of total assets (Indicative)Maximum % of total assets (Indicative)Risk Profile
Unit of Nippon India ETF/Index Funds95100Medium to High
Debt, Securitized debt & Money market instruments05Low to Medium

Riskometer

Moderately High

Benchmark

Nifty 500 TRI

Exit Load

Nil

Minimum Investment

Rs 5,000 and in multiples of Re 1 thereafter

Investment Strategy

To achieve the investment objective, the Fund of Funds scheme will predominantly invest in units of ETFs/Index Funds of Nippon India Mutual Fund based on the average allocation of all active Multicap Funds in the industry into large, mid and small cap stocks as provided by CRISIL every month.

The rebalancing will be done on a monthly basis. The scheme may also invest in Debt Instruments & Money Market Instruments. The Scheme will invest in any (but not exclusively) of following category of Schemes:

A) Exchange Traded Funds (ETFs):
• Any ETFs of Nippon India Mutual Fund
B) Index Funds:
• Any Index Fund/(s) of Nippon India Mutual Fund