Nippon India ETF Sensex Dividend is a Others Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was made available to investors on 24 Sep 2014. Payal Kaipunjal is the Current Fund Manager of Nippon India ETF Sensex Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹20 Cr and the Latest NAV as of 02 Jun 2020 is ₹362.22.
The Nippon India ETF Sensex Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100.
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the S&P BSE Sensex 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
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