Nippon India Small Cap Fund - Direct Plan - Growth Plan

"## About NIPPON INDIA SMALL CAP FUND - Direct Plan - Growth Nippon India Small Cap Fund, as the name suggests, invests mostly in the shares of small-cap companies. It is for this reason that this mutual fund is capable of providing returns that are capable of beating the performance of the benchmark.

Pros and Cons of NIPPON INDIA SMALL CAP FUND - Direct Plan - Growth

As NIPPON INDIA SMALL CAP FUND - Direct Plan - Growth invests predominantly in the shares of small-cap companies, its growth potential is enormous and therefore, investors would get the opportunity to earn extremely high returns. On the downside, this fund is riskier than mid-cap and large-cap mutual funds. Fund Information and Statistics i) Inception/Launch Date NIPPON INDIA SMALL CAP FUND - Direct Plan - Growth was launched on 16 September 2016. ii) Risk Level This fund comes with high growth potential and hence, possess higher risk. iii) Redemption As NIPPON INDIA SMALL CAP FUND - Direct Plan - Growth is an open-ended fund; you can redeem your units anytime. However, you have to factor capital gains and exit load while placing redemption requests. iv) Fund Manager NIPPON INDIA SMALL CAP FUND - Direct Plan - Growth is being currently managed by Mr Samir Rachh. v) Entry/Exit Load As per the mandate of the SEBI, no mutual fund scheme comes with an entry load. You may redeem up to 10% of the units you hold without having to pay an exit load within the first year. If you are to redeem more than 10% within the first year, then an exit load at the rate of 1% would be levied. After the completion of one year, you can redeem your units with no exit load. ## About Nippon India Mutual Fund Nippon India Mutual Fund (NIMF) on 30 June in 1995 registered itself with the SEBI. The sponsor and trustee of NIMF are Nippon Life Insurance Company (NLI) and Nippon Life India Trustee Ltd (NLITL) respectively. The asset under management (AUM) with NIMF is Rs 2.04 lakh crore as of March 2020."