(As of 31 Mar, 2021)
NIFTY Medium to Long Dur Debt TR INR
Investors understand that their principal will be at Moderate Risk.
The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.
0.25 %(If redeemed within 15 days)
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
6.22% Govt Stock 2035
7.27% Govt Stock 2026
7.59% Govt Stock 2026
6.79% Govt Stock 2027
Medium to Long Duration Funds are open ended schemes investing in debt and money market instruments such that the Macaulay Duration of the portfolio is between 4 – 7 years.
This fund is rated 3 stars by Morning Star Ratings.
With Average Assets Under Management (AAUM) of Rs 2,33,628.56 Crores (January 2019 - March 2019 QAAUM) and 90.67 lakhs folios (as on March 31, 2019), Reliance Nippon Life Asset Management Ltd is one of India's leading mutual funds. Reliance Nippon Life Asset Management Ltd is one of the fastest growing mutual funds in India, offering investors a well-rounded portfolio of products to meet varying investor requirements and has presence in 300 cities (as on March 31, 2019) across the country. Reliance Nippon Life Asset Management Ltd constantly endeavours to launch innovative products and customer service initiatives to increase value to investors.
Vision statement of Reliance Nippon Life Asset Management Ltd - To be a globally respected wealth creator with an emphasis on customer care and a culture of good corporate governance.
Mission statement of Reliance Nippon Life Asset Management Ltd - To create and nurture a world-class, high performance environment aimed at delighting our customers.
Main objectives of Reliance Nippon Life Asset Management Ltd are