|Min SIP Amount||₹100|
|NAV||₹10.06 (23 Oct 2020)|
|Fund Started||07 Mar 2019|
|Fund Size||₹66 Cr|
|Nippon India ETF Junior BeES||Financial||Mutual Fund||99.9%|
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.
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.
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.