Nippon India Japan Equity Fund Direct Bonus is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 26 Aug 2014. Anju Chajjer, Jahnvee Shah is the Current Fund Manager of Nippon India Japan Equity Fund Direct Bonus.The fund currently has an Asset Under Management(AUM) of ₹18 Cr and the Latest NAV as of 11 Oct 2019 is ₹13.87.
The Nippon India Japan Equity Fund Direct Bonus 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 Reliance Japan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. 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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
Exit Load