Introduction
NITL, in its efforts to provide a wide range of services to cater to the needs of different classes of investors, has launched a new fund in the Fixed Income Category by the name of “NIT Income Fund”. It is also an open end Income Fund.
See Offering Document
Trust Deed
NIT IF Flyer
Objective
The objective of "NIT IF" is to generate competitive stream of return with moderate level of risk for its unit holders, by investing primarily in portfolio of fixed income securities with weighted average time to maturity not exceeding four (4) years.
In order to achieve its primary objective of generating competitive return for its unit holders, NIT IF would substantially invest in a diversified portfolio comprising of high quality debt securities.
The fund shall at all time maintain a minimum of 25% of net assets in the form of cash & near cash instruments, whereas, the fund can take exposure of up to 75% of net assets in high quality debt securities.
Performance
Performance Reports will be provided on periodical basis (as applicable) in the following areas:
Fund Manager Report
Financial
Price/NAV History
FAQs
Risk disclosure
All investments in mutual funds are subject to market risks. The NAV of units may go up or down based on the market conditions. The investors are advised in their own interest to read the contents of the offering document in particular the investment policy, risk disclosure, disclaimers and warnings mentioned in clauses 2.2, 2.7, 2.9, 9.3 and 11 respectively, before making any investment decision.
