Nippon India Mutual Fund launches Nippon India Nifty Smallcap 250 Index Fund

Mutual Fund
Sep 30, 2020 by Advisorkhoj Team | Mutual Fund | 7 Downloaded

NFO period: 28th September – 09th October, 2020

Highlights of the NFO:

  • Scheme type – An open ended scheme replicating/tracking Nifty Smallcap 250 Index

  • Investment objective – The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty Smallcap 250 Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term capital growth by investing in equity and equity related securities and portfolio replicating the composition of the Nifty Smallcap 250 Index, subject to tracking errors.

  • Minimum Application Amount – First investment is Rs. 5,000/- any amount thereafter

  • Plan/ Options available – Direct Plan and Regular Plan having Growth Plan with Growth Option and Dividend Plan with Dividend Payout Option and Dividend Reinvestment Option.

  • Fund Managers – Mr. Mehul Dama

  • Benchmark – Nifty Smallcap 250 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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