Fund Details
Nippon India Junior BeES FoF Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹100 |
| Expense Ratio | 0.28% |
| NAV | ₹14.06 (17 Jun 2021) |
|---|---|
| Fund Started | 07 Mar 2019 |
| Fund Size | ₹75 Cr |
Returns
Comparison
1. Lower expense ratio - 0.28%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Nippon India ETF Junior BeES | Financial | Mutual Fund | 99.5% |
Fund Managers
Nippon India Junior BeES FoF Regular Growth Details
Nippon India Junior BeES FoF Regular Growth is a Other 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 Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹75 Cr and the Latest NAV as of 17 Jun 2021 is ₹14.06.
The Nippon India Junior BeES FoF Regular 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.
