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Home>NFOs>Nippon India Mutual Fund>Nippon India Nifty Smallcap 250 Index Fund Direct - Growth - NFO

Nippon India Nifty Smallcap 250 Index Fund Direct - Growth - NFO

Other
Index
Moderately High Risk
Launch date28 Sep 2020
Allotment date16 Oct 2020
End date09 Oct 2020
NAV₹10.00

Fund Overview

Overview of Nippon India Nifty Smallcap 250 Index Fund Direct - Growth - NFO

Expense ratio, exit load and tax

Expense ratio: NA

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.

Understand terms

Minimum investment amounts

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

Fund management

Mehul Dama
Sep 2020 - Present
View details

Fund house & investment objective

Rank (total assets)#6 in India
Total AUM₹2,30,092.13Cr
Date of Incorporation30 Jun 1995

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 m
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 ₹2,30,092 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.
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Fund house contact details

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