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Nippon India Junior BeES FoF Direct Growth-0.67%

17.41%
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%
NAV₹12.35 (21 Jan 2021)
Fund Started07 Mar 2019
Fund Size69 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
17.4%
-
-
11.1%
Category Average
19.8%
9.7%
15.1%
-
Rank Within Category
48
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount100
Amount Per Month₹5,000
Would have become
0
with 17.4% returns per annum

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 Fund99.7%

Fund Managers

Mehul Dama
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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 ₹69 Cr and the Latest NAV as of 21 Jan 2021 is ₹12.35.

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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