Nippon India Nifty Smallcap 250 Index Fund is an open-ended scheme replicating the Nifty Smallcap 250 Index. It is a passively managed index fund that will adopt an investment strategy to track the performance of Nifty Smallcap 250 TRI.

The New Fund Offer opens on September 28, 2020 and closes on October 09, 2020.

Investment Objective

The Investment Objective of the scheme is to generate returns closely corresponding to its benchmark index returns before expenses. The scheme aims to realize its investment objective by investing nearly the same weighting in almost all of the stocks comprising the Nifty Smallcap 250 Index as those described in the Nifty Smallcap 250 Index, subject to any tracking errors.

Suitability

This fund is suitable for investors who are

Seeking long-term wealth creation.
Considering to invest in equity & equity related securities and portfolio replicating the underlying stocks of the Nifty Smallcap 250 Index, subject to tracking errors.

Assets Allocation Pattern

Instruments	Minimum % of Total Assets (Indicative)	Maximum % of Total Assets (Indicative)	Risk Profile
Securities constituting Nifty Smallcap 250 Index	95%	100%	Moderate to High
Money Market instruments	0%	5%	Low to Moderate

About the scheme

Name of the scheme Name of the Mutual Fund	Nippon India Nifty Smallcap 250 Index Fund Nippon India Mutual Fund (NIMF)
Name of Asset Management Company	Nippon Life India Asset Management Limited (NAM India)
Type of Scheme	An open ended scheme replicating the Nifty Smallcap 250 Index.
Investment Objective	The investment objective of the scheme is to deliver returns closely corresponding to the returns generated by the securities constituting the Nifty Smallcap 250 index before the scheme expenses, subject to tracking errors.
NFO Period	28 September 2020 to 09 October 2020
Benchmark	Nifty Smallcap 250 TRI
Fund Manager	Mr. Mehul Dama
Entry Load	Nil
Exit Load	Nil
Minimum Application Amount	Rs. 5,000 & in multiples of Rs.1 thereafter
Minimum Additional Investment	Rs. 1,000 & in multiples of Rs.1 thereafter
Plans Available	Regular Direct
Options	Growth Dividend Payout Dividend Reinvestment
NFO Price	The NFO price is going to be Rs. 10/- per unit

SIP Details

Type	Minimum Installments	Minimum Amount
Monthly	60	Rs.100 & in multiples of Rs.1 thereafter
	12	Rs.500 & in multiples of Rs.1 thereafter
	6	Rs.1,000 & in multiples of Rs.1 thereafter
Quarterly	12	Rs.500 & in multiples of Rs.1 thereafter
Quarterly	4	Rs.1,500 & in multiples of Rs.1 thereafter
Yearly	2	Rs.5,000 & in multiples of Rs.500 thereafter

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