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
₹9.47
-0.94%
NAV as on 07 Nov 24, 12:00 AM
very high risk
equity consumption
equity
NAV as on 07 Nov 24, 12:00 AM
very high risk
equity consumption
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
-5.40%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Consumption Fund Growth scheme from Axis Asset Management Company Limited. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Sep 2024, Axis Consumption Fund Growth is Equity - Consumption fund of its category with 4,461.44 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.
To provide long term capital appreciation from an actively managed portfolio of equity and equity related securities of companies engaged in consumption and consumption related sector or allied sectors.
Bharti Airtel Ltd
8.55%
Bajaj Auto Ltd
5.79%
Mahindra & Mahindra Ltd
5.03%
Zomato Ltd
4.66%
Trent Ltd
4.24%
Hindustan Unilever Ltd
3.65%
ITC Ltd
3.48%
Varun Beverages Ltd
2.41%
Titan Co Ltd
2.23%
Indian Hotels Co Ltd
1.76%
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
13.5%
very high risk | equity
17.4%
very high risk | equity
21.8%