|Min SIP Amount||₹100|
|NAV||₹30.83 (25 Nov 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹2,867 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.9%|
|Reliance Industries Ltd.||Energy||Equity||5.6%|
|ICICI Bank Ltd.||Financial||Equity||4.8%|
|Divi's Laboratories Ltd.||Healthcare||Equity||3.2%|
|Larsen & Toubro Ltd.||Construction||Equity||3.2%|
|Axis Bank Ltd.||Financial||Equity||3.0%|
|Bharti Airtel Ltd.||Communication||Equity||2.6%|
|Torrent Pharmaceuticals Ltd.||Healthcare||Equity||2.5%|
|Muthoot Finance Ltd.||Financial||Equity||2.2%|
Nippon India Value Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Meenakshi Dawar is the Current Fund Manager of Nippon India Value Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹2,867 Cr and the Latest NAV as of 25 Nov 2020 is ₹30.83.
The Nippon India Value Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 500. For units more than 10% of the investments, an exit load of 1% if redeemed within 12 months.
The scheme seeks capital appreciation and/or to generate consistent returns by actively investing in equity/ equity related securities predominantly into value stocks.
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.