Nippon India ETF NV20 Dividend is a Others Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 18 Jun 2015. Payal Kaipunjal is the Current Fund Manager of Nippon India ETF NV20 Dividend.The fund currently has an Asset Under Management(AUM) of ₹24 Cr and the Latest NAV as of 30 Mar 2020 is ₹44.91.
The Nippon India ETF NV20 Dividend is rated Moderately High risk. Minimum SIP Investment is 5000. Nil.
Investment Objective
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the NV20 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
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.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment