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
₹18.24
0.22%
NAV as on 09 Dec 24, 12:00 AM
very high risk
multi cap
equity
NAV as on 09 Dec 24, 12:00 AM
very high risk
multi cap
equity
41.72%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
21.16%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Multicap Fund Growth scheme from Axis Asset Management Company Limited. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Dec 2021, Axis Multicap Fund Growth is Multi-Cap fund of its category with 6,576.86 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments across market capitalization. However, there can be no assurance that the investment objective of the Scheme will be achieved.
ICICI Bank Ltd
4.54%
HDFC Bank Ltd
3.57%
Persistent Systems Ltd
2.61%
Mahindra & Mahindra Ltd
2.52%
Blue Star Ltd
2.46%
Infosys Ltd
2.34%
Fortis Healthcare Ltd
2.28%
Reliance Industries Ltd
2.23%
Minda Corp Ltd
2.21%
Brigade Enterprises Ltd
1.99%
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
26.4%
very high risk | equity
0.0%
very high risk | equity
0.0%