To seek to generate regular returns and growth of capital by investing in a diversified portfolio of Central and State Government securities and Other fixed income/ debt securities normally maturing in line with the time profile of the plan with the objective of limiting interest rate volatility
Nippon India Interval Fund - Annual - Series 1 - Direct Plan - Growth charges 2.0% of sell value;. There are no other charges.
Any profit will be clubbed with your income and taxed at your effective tax rate.