Nippon India Small Cap Fund Idcw

About Nippon India Small Cap Fund – IDCW

The Nippon India Small Cap Fund – IDCW only invests in small-cap stocks from businesses with market capitalisations between INR 250 crore and INR 5,000 crore. By investing the assets in a diverse portfolio of small-cap businesses, the fund hopes to increase the investment portfolios of its investors. The fund managers – Mr Samir Rachh and Mr Tejas Sheth allocate the funds to meet their customer’s demands.

Key Parameters

The Nippon India Small Cap Fund – IDCW requires a minimum investment of INR 5000, and additional investments can be made in multiples of INR 1. The fund’s expense percentage, which represents the fee paid by investors for fund administration, is 1.78%. The exit load is 1% if redeemed within a month. Investors may redeem their investments before this time since there is no lock-in period.

Taxation

Long-term capital gains from the Nippon India Small Cap Fund – IDCW will have a tax imposition of 10% if the gains exceed INR 1 lakh. Any cess/surcharge is not included. However, the taxation rate on short-term capital gain on the Nippon India Small Cap Fund – IDCW is 15%.

Holdings

Small-cap stocks from a range of industries, such as auto parts and equipment, private and public sector banks, software and consulting, healthcare, financials, industrials, consumer products, and others, are included in the portfolio of Nippon India Small Cap Fund – IDCW. The top holdings of the fund are as follows:

• Tube Investments of India Limited
• HDFC Bank Limited
• KPIT Technologies Limited
• Bank of Baroda
• NIIT Limited
• Bajaj Electricals Limited
• Larsen and Toubro Limited
• Zydus Wellness Limited
• Balrampur Chini Mills Limited
• Fine Organic Industries Limited

Returns

Since the inception of the Nippon India Small Cap Fund – IDCW, it has produced impressive returns. The annualised returns over the previous five years were 14.36%, and for the last three years, they were 48.90%. Note that returns on mutual funds are subject to market risks, and past performance may not be a reliable indicator of future returns.

Investment Objective – Nippon India Small Cap Fund – IDCW

The primary investment goal of the Nippon India Small Cap Fund – IDCW is to produce long-term capital appreciation through investments primarily in small-cap company equity and equity-related instruments. Its secondary goal is to produce steady returns through investments in debt and money market securities.

Minimum Investment and lock-in period

The minimum investment quantity for the Nippon India Small Cap Fund – IDCW is INR 5,000, and the minimum SIP amount is INR 1,000. The fund has no lock-in time, so investors can take their money out whenever they want. Nippon India Small Cap Fund – IDCW is the best option for investors who wish to avoid being bound because there is no lock-in time.

Nippon India Mutual Fund’s Information

In 1995, Nippon India Mutual Fund was founded to introduce different mutual fund schemes that would allow investors to invest in various securities. It is one of India’s largest and fastest-growing AMCs in terms of Assets under Management. The fund company provides a wide selection of exchange-traded funds, retirement funds, and mutual fund schemes in the equity, debt, and balanced categories.