Fund Details
Nippon India Nifty Smallcap 250 Index Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.30% |
| NAV | ₹16.64 (22 Jun 2021) |
|---|---|
| Fund Started | 16 Oct 2020 |
| Fund Size | ₹145 Cr |
Comparison
1. Lower expense ratio - 0.3%
2. Exit load is zero
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Energy Exchange Ltd. | Financial | Equity | 1.3% |
| Central Depository Services (India) Ltd. | Financial | Equity | 1.3% |
| APL Apollo Tubes Ltd. | Metals | Equity | 1.2% |
| Kajaria Ceramics Ltd. | Construction | Equity | 1.2% |
| Multi Commodity Exchange India | Financial | Equity | 1.2% |
| IDFC Ltd. | Financial | Equity | 1.2% |
| Tanla Platforms Ltd. | Communication | Equity | 1.1% |
| Cyient Limited | Technology | Equity | 1.1% |
| National Aluminium Co. Ltd. | Metals | Equity | 1.0% |
| Carborundum Universal Ltd. | Metals | Equity | 1.0% |
Fund Managers
Nippon India Nifty Smallcap 250 Index Fund Direct Growth Details
Nippon India Nifty Smallcap 250 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 16 Oct 2020. Mehul Dama is the Current Fund Manager of Nippon India Nifty Smallcap 250 Index Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹145 Cr and the Latest NAV as of 22 Jun 2021 is ₹16.64.
The Nippon India Nifty Smallcap 250 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Smallcap 250 Index before expenses, subject to tracking errors.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
