3 Year return

30.3%
Launched on September 2020 (4 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1054.18 Cr.

Expense Ratio

0.32% (inclusive of GST)

Exit Load

Nil

Ratings

0

Ratings by other agencies

0
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

Nippon India Mutual Fund Managers

MD

Mehul Dama

Fund Manager since Aug 2022

Fund House Details

Nippon India Mutual Fund Asset management company

AUM ₹380,049.04 Cr.
No. of Schemes 284
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Nippon India Mutual Fund

List of mutual fund schemes by AMC

About Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth

Nippon India Nifty Smallcap 250 Index Fund Direct Growth is a Mutual Fund Scheme introduced by Nippon India Mutual Fund. This scheme operates on a passive investment strategy aimed at mirroring the performance of Nifty Smallcap 250 TRI. By investing in the constituent securities of the Nifty Smallcap 250 Index in the same proportions as the Index, the scheme aims to realise its goals. A notable feature is the fund's low expense ratio compared to its category average, which can contribute positively to potential returns for investors.

Investment Objective of the Scheme

The core investment objective of Nippon India Nifty Smallcap 250 Index Fund Direct Growth is to offer investment returns that closely correspond to the total returns of securities represented by the Nifty Smallcap 250 Index. The fund pursues this objective prior to accounting for expenses, subject to potential tracking errors. The scheme's approach involves a systematic effort to reflect the index's performance, fostering potential alignment for investors seeking such exposure.

Key Features of The Fund

5-year return NA
Expense Ratio 0.32%
Fund Manager Mehul Dama
Fund Size ₹1054.18 Cr
Risk Profile Very High

Is This Scheme Right for Me?

Nippon India Nifty Smallcap 250 Index Fund Direct Growth is ideally suited for investors with a focus on long-term capital growth. It provides an avenue for investment in equity and equity-related securities that mimic the Nifty Smallcap 250 Index's composition, while acknowledging the possibility of tracking errors. As the fund seeks to mirror the index's performance, it caters to those who prefer a hands-off approach to investing and are inclined toward passive strategies for their portfolios. Before making any investment decision, understanding the nuances of the Nippon India Nifty Smallcap 250 Index Fund Direct Growth's investment strategy, associated risks, and potential rewards is crucial.

AMC Contact Details

Name Nippon India Mutual Fund
Launch Date June 1995
Addresss Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013
Contact 1860 266 0111
Email [email protected]
Website https://mf.nipponindiaim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth Feb 22 2024 is 30.0577

What is the AUM of Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth is 1054.18 crore.

What is the expense ratio of Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth is 0.32%

What are the returns of Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth since inception?

The Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth was launched on Sep 28 2020. The fund has delivered a CAGR of 38.63 since inception.

What is the minimum SIP amount to invest in Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth is 100.

How do I invest in Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Nippon India Nifty Smallcap 250 Index Fund Direct Plan Growth?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.