SBI Small Cap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Rama Iyer Srinivasan is the Current Fund Manager of SBI Small Cap Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹2,704 Cr and the Latest NAV as of 18 Oct 2019 is ₹38.47.
The SBI Small Cap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
The Scheme seeks to generate income and long term capital appreciation by investing in a diversified portfolio of predominantly in equity and equity related securities of small & midcap Companies
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year