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
₹10.30
0.16%
NAV as on 10 Dec 24, 12:00 AM
very high risk
value
equity
NAV as on 10 Dec 24, 12:00 AM
very high risk
value
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
-0.33%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Nifty500 Value 50 Index Fund Growth scheme from Axis Asset Management Company Limited. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Oct 2024, Axis Nifty500 Value 50 Index Fund Growth is Value fund of its category with 75.57 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Value funds.
To provide returns before expenses that correspond to the Nifty500 Value 50 TRI subject to tracking error.
State Bank of India
5.45%
Grasim Industries Ltd
5.08%
NTPC Ltd
5.03%
Power Grid Corp Of India Ltd
5.00%
Coal India Ltd
4.82%
Hindalco Industries Ltd
4.81%
Vedanta Ltd
4.75%
Oil & Natural Gas Corp Ltd
4.71%
Tata Steel Ltd
4.63%
Indian Oil Corp Ltd
3.68%
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
23.1%
very high risk | equity
19.2%
very high risk | equity
22.2%