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
₹25.30
0.96%
NAV as on 19 Nov 24, 12:00 AM
very high risk
flexi cap
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
flexi cap
equity
28.04%p.a.
Last 1Y
8.26%p.a.
Last 3Y
15.13%p.a.
Last 5Y
14.61%p.a.
Since Inception
About Axis Flexi Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Axis Flexi Cap Fund Growth scheme from Axis Asset Management Company Limited. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Nov 2017, Axis Flexi Cap Fund Growth is Flexi Cap fund of its category with 12,666.25 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.
- Axis Flexi Cap Fund Growth delivered 28.0% annual returns during the last year. It has delivered 14.6% average annual returns since the fund was launched.
- Axis Flexi Cap 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 by investing in a dynamic mix of equity and equity related instruments across market capitalizations. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Top 10 Holdings
ICICI Bank Ltd
8.26%
HDFC Bank Ltd
6.40%
Bajaj Finance Ltd
4.96%
Trent Ltd
4.53%
Bharti Airtel Ltd
4.18%
Infosys Ltd
3.44%
Torrent Power Ltd
2.85%
UltraTech Cement Ltd
2.79%
Bharat Electronics Ltd
2.65%
Krishna Institute of Medical Sciences Ltd
2.60%
Fund Managers
- Sachin Relekar (Feb 2024 - Present)
- Hitesh Das (Aug 2023 - Present)
- Krishnaa N (Mar 2024 - Present)
Key Information
View Scheme Document
Axis Flexi Cap Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Axis Flexi Cap 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 Flexi Cap 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 Flexi Cap 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
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Frequently Asked Questions
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