Nippon India Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Nippon India CRISIL-IBX FAR Gilt ETF’. The New Fund Offer price will be Rs 10 during the NFO. Entry load and Exit Load will be nil. The Scheme does not offer any plans or options for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.The performance will be benchmarked against CRISIL-IBX FAR Gilt Index. The minimum application will be Rs 1000 and in multiples of Rs 1 thereafter.The investment objective of the scheme is to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX FAR Gilt Index before expenses.