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
₹17.91
-0.06%
NAV as on 30 Apr 24, 12:00 AM
very high risk
aggressive allocation
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
aggressive allocation
equity
20.20%p.a.
Last 1Y
11.04%p.a.
Last 3Y
11.87%p.a.
Last 5Y
10.47%p.a.
Since Inception
About Axis Equity Hybrid Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Axis Equity Hybrid Fund Growth scheme from Axis Asset Management Company Limited. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Aug 2018, Axis Equity Hybrid Fund Growth is Aggressive Allocation fund of its category with 1,586 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.
- Axis Equity Hybrid Fund Growth delivered 20.2% annual returns during the last year. It has delivered 10.5% average annual returns since the fund was launched.
- Axis Equity Hybrid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To generate long term capital appreciation along with current income by investing in a mix of Equity and Equity related Instruments, debt Instruments and money market 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.
Top 10 Holdings
ICICI Bank Ltd
6.15%
HDFC Bank Ltd
4.62%
7.18% Govt Stock 2037
3.81%
Reliance Industries Ltd
3.43%
Infosys Ltd
3.07%
Tata Consultancy Services Ltd
2.93%
PI Industries Ltd
2.59%
Larsen & Toubro Ltd
2.51%
Bharti Airtel Ltd
2.37%
Future on State Bank of India
2.29%
Fund Managers
- Devang Shah (Apr 2024 - Present)
- Aditya Pagaria (Feb 2023 - Present)
- Ashish Naik (Aug 2018 - Present)
- Jayesh Sundar (Sep 2023 - Present)
Key Information
View Scheme Document
Axis Equity Hybrid Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Axis Equity Hybrid Fund Growth
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 |
How can NRIs invest in Axis Equity Hybrid Fund Growth?
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:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Equity Hybrid Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
SBI Equity Hybrid Fund Growth
very high risk | hybrid (nc)
14.1%
ICICI Prudential Equity & Debt Fund Growth
very high risk | equity
25.9%
HDFC Hybrid Equity Fund Growth
very high risk | hybrid (nc)
16.4%
Frequently Asked Questions
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