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
₹14.12
-0.68%
NAV as on 07 Nov 24, 12:00 AM
very high risk
index funds
equity
NAV as on 07 Nov 24, 12:00 AM
very high risk
index funds
equity
35.89%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
27.19%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Nifty IT Index Fund Growth scheme from Axis Asset Management Company Limited. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Jul 2023, Axis Nifty IT Index Fund Growth is Index Funds fund of its category with 134.77 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
To provide returns before expenses that corresponds to the total returns of the NIFTY IT TRI subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Infosys Ltd
27.10%
Tata Consultancy Services Ltd
24.00%
HCL Technologies Ltd
10.44%
Tech Mahindra Ltd
9.83%
Wipro Ltd
7.53%
Persistent Systems Ltd
5.69%
LTIMindtree Ltd
5.68%
Coforge Ltd
4.58%
Mphasis Ltd
3.33%
L&T Technology Services Ltd
1.44%
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
11.1%
very high risk | equity
11.0%
very high risk | equity
11.0%