Nippon India Small Cap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Samir Rachh, Dhrumil Shah is the Current Fund Manager of Nippon India Small Cap Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹8,114 Cr and the Latest NAV as of 18 Oct 2019 is ₹28.76.
The Nippon India Small Cap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Exit load of 1% if redeemed within 1 year.
The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities.
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