Expense ratio, exit load and tax
Expense ratio: 0.25%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Fund management
Education
MBA (FINANCE)
Experience
Prior to joining Nippon Mutual Fund, he was working with Motilal Oswal Financial Services Ltd, Asit C Mehta Investment Interrmediaries Ltd.
Managed Schemes
Nippon India Nifty 500 Low Volatility 50 Index Fund Direct Growth
Nippon India Nifty IT Index Fund Direct Growth
Nippon India Nifty 50 Value 20 Index Fund Direct Growth
Nippon India Nifty Alpha Low Volatility 30 Index Fund Direct Growth
Nippon India Nifty Bank Index Fund Direct Growth
Nippon India Nifty 500 Quality 50 Index Fund Direct Growth
Nippon India Nifty Realty Index Fund Direct Growth
Nippon India Nifty Auto Index Fund Direct Growth
Nippon India Silver ETF FoF Direct Growth
Nippon India Nifty 500 Equal Weight Index Fund Direct Growth