Nippon India Tax Saver (ELSS) Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Ashwani Kumar is the Current Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹10,674 Cr and the Latest NAV as of 21 Nov 2019 is ₹22.49.
The Nippon India Tax Saver (ELSS) Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment