Nippon Smallcap Mutual Fund revises exit load and limits subscription

Nippon India Mutual Fund has made two announcements regarding Nippon India Small Cap Fund:

1. The exit load structure has been changed from "1% for redemption within 30 days" to "1% for redemption within 1 year," effective from March 22, 2024.
   
2. New investments in Nippon India Small Cap Fund will be limited .Fresh registrations through SIP or STP will be capped at Rs. 50,000 per day per PAN to align with small-cap investing trends. Existing SIP and STP registrations are unaffected, and all other terms of the scheme remain unchanged.