Risk | Moderately High |
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Min SIP Amount | Not Supported |
Expense Ratio | 0.00% |
NAV | ₹0.26 (21 Jan 2021) |
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Fund Started | 24 Sep 2019 |
Fund Size | ₹26 Cr |
Name | Sector | Instrument | % Assets |
---|---|---|---|
Reliance Capital Ltd. | Financial | NCD | 92.7% |
Nippon India Equity Savings Fund Segregated Portfolio 1 Direct Dividend Quarterly is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 24 Sep 2019. Sanjay Parekh is the Current Fund Manager of Nippon India Equity Savings Fund Segregated Portfolio 1 Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹26 Cr and the Latest NAV as of 21 Jan 2021 is ₹0.26.
The Nippon India Equity Savings Fund Segregated Portfolio 1 Direct Dividend Quarterly is rated Moderately High risk.
The scheme seeks to generate income and capital appreciation by investing in arbitrage opportunities & pure equity investments along with investments in debt securities & money market instruments.
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.