NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹16.70
0.18%
NAV as on 09 Dec 24, 12:00 AM
very high risk
equity other
equity
NAV as on 09 Dec 24, 12:00 AM
very high risk
equity other
equity
29.96%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
31.58%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Business Cycles Fund Growth scheme from Axis Asset Management Company Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Feb 2023, Axis Business Cycles Fund Growth is Equity - Other fund of its category with 2,612.83 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
To provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy However, there can be no assurance that the investment objective of the Scheme will be achieved.
HDFC Bank Ltd
5.77%
ICICI Bank Ltd
5.41%
Larsen & Toubro Ltd
2.88%
Bharti Airtel Ltd
2.79%
UltraTech Cement Ltd
2.61%
Reliance Industries Ltd
2.50%
Infosys Ltd
2.35%
Mahindra & Mahindra Ltd
2.22%
InterGlobe Aviation Ltd
2.02%
RHI Magnesita India Ltd
1.94%
View Scheme Document
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
---|---|---|
Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
26.4%
very high risk | equity
0.0%
very high risk | equity
23.1%