Nippon India Large Cap Fund Dividend is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 08 Aug 2007. Ashwani Kumar, Sailesh Raj Bhan is the Current Fund Manager of Nippon India Large Cap Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹13,091 Cr and the Latest NAV as of 20 Nov 2019 is ₹15.28.
The Nippon India Large Cap Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 100. For more than 10% of investments 1% will be charged if redeemed within 1 year.
Investment Objective
The primary investment objective of the scheme is to seek to generate long term capital appreciation by investing in equity and equity related instruments of companies whose market capitalization is within the range of highest & lowest market capitalization of BSE 200 Index. The secondary objective is to generate consistent returns by investing in debt and money market securities.
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.
Scheme Information Document(SID)
₹100
Min for First Investment
₹1000
Min for Second Investment
For more than 10% of investments 1% will be charged if redeemed within 1 year
Exit Load