New Launch6 Feb 2025, 11:18 pm
Nippon India Mutual Fund Launches Nippon India Active Momentum Fund with Multi-Factor Quantitative Model
AI Summary
Nippon Life India Asset Management Limited (NAM India), asset manager of Nippon India Mutual Fund (NIMF), has announced the launch of Nippon India Active Momentum Fund. This open-ended equity scheme aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments. The fund employs a multi-factor quantitative model to identify high-potential investment opportunities for long-term capital appreciation while managing volatility and adapting to market cycles.
Key Highlights
- Launch of Nippon India Active Momentum Fund, an open-ended equity scheme.
- Aims to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments.
- Employs a multi-factor quantitative model to identify high-potential investment opportunities.
- Adapts to market cycles and manages volatility.
- Incorporates a blend of market wisdom (Price Momentum) and expert opinion (Earnings revisions)