Nippon India Power & Infra Fund Growth is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 08 May 2004. Sanjay Doshi is the Current Fund Manager of Nippon India Power & Infra Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹1,319 Cr and the Latest NAV as of 11 Nov 2019 is ₹94.54.
The Nippon India Power & Infra Fund Growth is rated High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
Investment Objective
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.
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load