Nippon India Power & Infra Fund Direct Growth is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Sanjay Doshi is the Current Fund Manager of Nippon India Power & Infra Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,267 Cr and the Latest NAV as of 16 Jan 2020 is ₹103.20.
The Nippon India Power & Infra Fund Direct Growth is rated High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
The primary investment objective of the Scheme is to generate consistent returns by investing in equity / equity related or fixed income securities of power and other companies associated with the power sector.
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
Exit load of 1% if redeemed within 1 year