Nippon India ETF Nifty 100 Dividend is a Others Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 22 Mar 2013. Payal Kaipunjal is the Current Fund Manager of Nippon India ETF Nifty 100 Dividend.The fund currently has an Asset Under Management(AUM) of ₹7 Cr and the Latest NAV as of 30 Mar 2020 is ₹86.42.
The Nippon India ETF Nifty 100 Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Nil.
The investment objective of the scheme is to provide investment returns that, before expenses, closely correspond to the total returns of the securities as represented by the CNX 100 Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment