Nippon India Junior BeES FoF Direct Growth-0.04%

-2.51%
1 Year Return
Equity
Large Cap
6M
1Y
All

Fund Details

Nippon India Junior BeES FoF Direct Growth

RiskModerately High
Min SIP Amount₹100
Expense Ratio0.02%
NAV10.06 (23 Oct 2020)
Fund Started07 Mar 2019
Fund Size66 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Junior BeES FoF Direct Growth
-2.5%
NA
NA
0.4%
Category Average
1.9%
5.1%
7.8%
-
Rank within category
55
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with -2.5% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.17%
    2. 1Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 5 years
    3. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Nippon India ETF Junior BeESFinancialMutual Fund99.9%

    Fund Managers

    addMehul Dama
    Education
    Mr. Dama has done C.A. & B.Com
    Experience
    Prior to joining Reliance Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
    Funds Managed

    Nippon India Junior BeES FoF Direct Growth Details

    Nippon India Junior BeES FoF Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 07 Mar 2019. Mehul Dama is the Current Fund Manager of Nippon India Junior BeES FoF Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹66 Cr and the Latest NAV as of 23 Oct 2020 is ₹10.06.

    The Nippon India Junior BeES FoF Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The Scheme seeks to provide returns that closely correspond to returns provided by Reliance ETF Junior BeES by investing in units of Reliance ETF Junior BeES.

    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
    Nil
    Exit Load

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    About Nippon India Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    Launch Date
    30 Jun 1995
    Nippon India Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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