Nippon India Fixed Horizon Fund XXXVIII Series 5 Direct Growth

Nippon India Fixed Horizon Fund XXXVIII Series 5 Direct Growth is a Debt Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Amit Tripathi is the Current Fund Manager of Nippon India Fixed Horizon Fund XXXVIII Series 5 Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,77,915 Cr and the Latest NAV as of 10 Aug 2021 is ₹12.75. The Nippon India Fixed Horizon Fund XXXVIII Series 5 Direct Growth is rated Low to Moderate risk. ;

Investment Objective

The primary investment objective of the scheme is to seek to generate returns and growth of capital by investing in a diversified portfolio of the following securities maturing on or before the date of maturity of the scheme with the objective of limiting interest rate volatility - Central and State Government securities and . Other fixed income/ debt securities. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved. ;