Nippon India ETF Junior BeES is a Others Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 21 Feb 2003. Payal Kaipunjal is the Current Fund Manager of Nippon India ETF Junior BeES.The fund currently has an Asset Under Management(AUM) of ₹1,222 Cr and the Latest NAV as of 24 Jan 2020 is ₹302.52.
The Nippon India ETF Junior BeES is rated Moderately High risk. Nil.
The objective of the Junior BeES is to provide returns that closely correspond to the returns of the stocks as represented by the Nifty Junior Index.
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