Nippon India US Equity Opportunities Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 18 Jul 2015. Anju Chajjer, Kinjal Desai is the Current Fund Manager of Nippon India US Equity Opportunities Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹54 Cr and the Latest NAV as of 10 Oct 2019 is ₹16.40.
The Nippon India US Equity Opportunities Fund Direct Dividend is rated High risk. Minimum SIP Investment is 100. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year..
Investment Objective
The primary investment objective of Reliance US Equity Opportunities Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on recognized stock exchanges in the US and the secondary objective is to generate consistent returns by investing in debt and money market securities in India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year.
Exit Load