Nippon Life India Mutual Fund has collected Rs.2860 crore during the NFO of its Nippon India Flexi Cap Fund.
Over 2.50 lakh investors spread across 2400 cities have invested in the NFO. The fund house has received over 53,000 SIP applications.
In a press release, Sundeep Sikka, ED and CEO, Nippon India Mutual Fund said, “We are truly humbled by the trust shown by more than 2.52 lakh investors who invested Rs.2860 crore in the recently concluded NFO of Nippon India Flexi Cap Fund. This is in addition to the trust of 15 lakh new investors that have joined Nippon India Mutual Fund in last 15 months; taking the investor count to 75 lakh unique investors. We would also like to thank our distributors from pan India for helping investors invest across 12625 pin codes though the country.”
