Nippon India Value Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Meenakshi Dawar is the Current Fund Manager of Nippon India Value Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹3,114 Cr and the Latest NAV as of 20 Feb 2020 is ₹31.47.
The Nippon India Value Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed within 1 year.
The primary investment objective of this scheme is to seek capital appreciation and/or to generate consistent returns by actively investing in equity/ equity related securities predominantly into value stocks. However there can be no assurance that the investment objective of the Scheme will be realized.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year