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
₹21.81
0.05%
NAV as on 09 Dec 24, 12:00 AM
moderately high risk
equity savings
equity
NAV as on 09 Dec 24, 12:00 AM
moderately high risk
equity savings
equity
14.67%p.a.
Last 1Y
8.64%p.a.
Last 3Y
10.25%p.a.
Last 5Y
8.64%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Equity Savings Fund Plan Growth scheme from Axis Asset Management Company Limited. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Aug 2015, Axis Equity Savings Fund Plan Growth is Equity Savings fund of its category with 1,020.35 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
HDFC Bank Ltd
9.16%
Hdfc Bank Limited November 2024 Future
7.87%
Reliance Industries Ltd
7.37%
7.25% Govt Stock 2063
6.58%
Future on Reliance Industries Ltd
5.91%
7.34% Govt Stock 2064
4.61%
Bank Nifty Index November 2024 Future
4.32%
91 DTB 03012025
3.39%
Larsen & Toubro Ltd
3.29%
Tata Consultancy Services Ltd
2.69%
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
moderately high risk | equity
10.9%
moderately high risk | hybrid (nc)
10.1%
moderately high risk | equity
9.9%