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
₹26.00
0.04%
NAV as on 09 Dec 24, 12:00 AM
very high risk
children
equity
NAV as on 09 Dec 24, 12:00 AM
very high risk
children
equity
20.66%p.a.
Last 1Y
7.15%p.a.
Last 3Y
12.89%p.a.
Last 5Y
10.98%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Children's Lock in Growth scheme from Axis Asset Management Company Limited. It is a Children mutual fund scheme that predominantly invests in Children stocks of companies. Launched on Dec 2015, Axis Children's Lock in Growth is Children fund of its category with 897.24 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Children funds.
The investment objective of the scheme is to generate income by investing in debt & money market instruments along with long-term capital appreciation through investments in equity & equity related instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
ICICI Bank Ltd
5.24%
HDFC Bank Ltd
4.93%
7.3% Govt Stock 2053
4.64%
7.25% Govt Stock 2063
4.03%
Infosys Ltd
3.91%
Reliance Industries Ltd
3.51%
7.34% Govt Stock 2064
3.49%
7.18% Govt Stock 2037
2.86%
Mahindra & Mahindra Ltd
2.56%
Bajaj Finance Ltd
2.06%
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
22.3%
very high risk | equity
17.8%
very high risk | equity
13.0%