| Launch date | 28 Sep 2020 |
| Allotment date | 16 Oct 2020 |
| End date | 09 Oct 2020 |
| NAV | ₹10.00 |
Fund Overview
Expense ratio, exit load and tax
Expense ratio: 0.35%
Inclusive of GST
Exit load
Nil
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.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Himanshu MangeDec 2023 - PresentView details
Fund house & investment objective
| Rank (total assets) | #6 in India |
|---|---|
| Total AUM | ₹4,35,558.67Cr |
| Date of Incorporation | 30 Jun 1995 |
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Nippon India Nifty Smallcap 250 Index Fund Direct - Growth - NFO is a Other Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Mehul Dama is the Current Fund Manager of Nippon India Nifty Smallcap 250 Index Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹4,35,559 Cr and the Latest NAV as of 16 Oct 2020 is ₹10.00. The Nippon India Nifty Smallcap 250 Index Fund Direct - Growth - NFO is rated Moderately High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;
| Fund benchmark | NA |
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