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
₹114.42
0.45%
NAV as on 09 Dec 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 09 Dec 24, 12:00 AM
very high risk
mid cap
equity
37.23%p.a.
Last 1Y
17.62%p.a.
Last 3Y
23.88%p.a.
Last 5Y
19.03%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Midcap Fund Growth scheme from Axis Asset Management Company Limited. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Feb 2011, Axis Midcap Fund Growth is Mid-Cap fund of its category with 30,008.06 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
Trent Ltd
3.64%
Indian Hotels Co Ltd
2.80%
Fortis Healthcare Ltd
2.77%
Persistent Systems Ltd
2.69%
Sona BLW Precision Forgings Ltd
2.26%
PI Industries Ltd
2.24%
Cummins India Ltd
2.18%
Coromandel International Ltd
2.17%
Supreme Industries Ltd
2.12%
Cholamandalam Investment and Finance Co Ltd
2.00%
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
28.1%
very high risk | equity
23.3%
very high risk | equity
26.7%