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Nippon India Flexi Cap Fund Direct - Growth - NFO

Equity
Flexi Cap
Very High Risk
Launch date26 Jul 2021
Allotment date16 Aug 2021
End date09 Aug 2021
NAV₹10.00

Fund Overview

Overview of Nippon India Flexi Cap Fund Direct - Growth - NFO

Expense ratio, exit load and tax

Expense ratio: 0.07%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹100

Fund management

Manish Gunwani
Jul 2021 - Present
View details

Education
Mr. Gunwani is a B.Tech. and PGDM.
Experience
Prior to joining Nippon India Mutual Fund, he has worked with ICICI Prudential Mutual Fund as Fund Manager and as Analyst in various organisations: Vicisoft Technologies, Lehman Brothers, Brics Securities , Lucky Securities, SSKI Securities and Prime Securities.
Also manages these schemes

Dhrumil Shah
Jul 2021 - Present
View details

Education
Mr. Shah is B.com and C.A
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Birla Sun Life Insurance as AVP Investments, Equity Fund Management and Research and ASK investment Managers as Portfolio Manager, Equity Fund Management and Research.
Also manages these schemes

Kinjal Desai
Jul 2021 - Present
View details

Education
Ms. Desai is MSc(Economics)
Experience
Associate Equity Investements at NAM India Assisting Lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in stock selection and monitoring of overseas investments.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#6 in India
Total AUM₹2,77,915.13Cr
Date of Incorporation30 Jun 1995

Nippon India Flexi Cap Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made av
Nippon India Flexi Cap Fund Direct - Growth - NFO is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Manish Gunwani is the Current Fund Manager of Nippon India Flexi Cap Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹2,77,915 Cr and the Latest NAV as of 16 Aug 2021 is ₹10.00. The Nippon India Flexi Cap Fund Direct - Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
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Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Amc Image
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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