Innovative Products

Nippon India SIP Insure facility is an add on feature of life insurance cover under Group Term Insurance to individual investors opting for SIP in the designated schemes. It helps to encourage individual investors to save & invest regularly through Systematic Investment Plan (SIP) and help achieve their financial objective without any hindrance. For list of Eligible Schemes and to know more about Nippon India SIP Insure please refer to the link: mf.nipponindiaim.com/InvestorServices/Pages/SIP-Insure.aspx

How does it Work?


Disclaimer:
Free life insurance cover provided as a part of an add on feature called as ‘Nippon India SIP Insure’ is arranged and funded by Nippon Life India Asset Management Limited through “Reliance Group Term Assurance Plus” (UIN 121N104V01) of Reliance Nippon Life Insurance Company Limited (RNLIC) (IRDAI Reg. No. 121). Grant of Insurance cover is discretionary on part of RNLIC and the cover is subject to underwriting. On exercising an option to become a member of insurance scheme, the death benefits (subject to the terms and conditions of the insurance, read along with the Certificate of Insurance, of the Group Term Assurance Plus Policy), shall be paid/ credited directly to investor's nominee by Reliance Nippon Life Insurance Company Limited. The investor is advised to refer to detailed sales brochure of Reliance Group Term Assurance Plus Plan for more details on risk factors, terms and conditions, before deciding to opt for insurance cover. Please refer to mf.nipponindiaim.com for more details. There is no compulsion whatsoever that this insurance cover has to be taken together with SIP. SIP is also available without insurance cover. Nippon India SIP Insure is a special feature available under selected schemes of Nippon India Mutual Fund and is subject to such limits, operating guidelines, terms and conditions. Investors are requested to refer to the Scheme Information Document (SID), Statement of Additional Information (SAI), Key Information Memorandum (KIM) cum Application Form for further details. The information herein above is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. Before making any investments, the readers are advised to seek independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsors, the Investment Manager, the Trustee, their respective directors, employees, associates or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material

Plastic money is a popular way of accessing a bank account or a credit account today for withdrawing cash or shopping but what if you could bring the same convenience to your mutual fund portfolio? Presenting Nippon India Any Time Money card that combines the benefits of mutual fund investments along with the convenience of a debit card. While traditional Mutual Fund investments offer the potential to earn market-linked returns with benefits of diversification, relatively low cost, liquidity, and professional management, accessibility to investments in these funds, mostly provided through physical redemptions, though high, is not instantaneous. The Nippon India Any Time Money Card offers instant accessibility and liquidity to investors of mutual fund . So, now you can have access to your investments day or night. While your investments are earning their returns, they are also available to you all the time at your convenience.

Primary scheme account gives you the flexibility to access your funds at all Visa enabled ATMs and merchant establishments across India. Primary scheme account can only be either Nippon India Liquid Fund/ Nippon India Ultra Short Duration Fund (Number of Segregated portfolio-1)/Nippon India Low Duration Fund.

For list of Eligible Schemes and to know more about Nippon India Any Time Money Card please refer to the link https://mf.nipponindiaim.com/investor-services/innovative-products/nipponindia-any-time-money-card


Disclaimer:
Nippon India Anytime Money Card “The Card” provides instant access to underlying investments in schemes of Nippon India Mutual Fund along with cash withdrawal facility at ATM’s and shopping facility at VISA enabled merchant establishments. The facility of Nippon India Any Time Money Card is available only in select schemes of Nippon India Mutual Fund. The investors are also requested to read the relevant & applicable terms & conditions for the purposes of availing this facility. In case of dividend, Dividend Distribution Tax (as applicable) will be directly paid by the scheme and no tax is required to be paid by the investor. The NAV of the scheme, pursuant to payment of dividend would fall to the extent of payout and statutory levy, if any. For further details kindly refer the SID of the schemes.

The views constitute only opinions and do not constitute any guidelines or recommendations on any course of action to be followed by the readers. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments. Neither the Sponsor, the Investment Manager, the Trustee, their respective directors, employees, associates or representatives shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material.



Mutual Fund investments are subject to market risks, read all scheme related documents carefully.