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
₹20.13
0.05%
NAV as on 09 Dec 24, 12:00 AM
very high risk
retirement
equity
NAV as on 09 Dec 24, 12:00 AM
very high risk
retirement
equity
32.17%p.a.
Last 1Y
12.36%p.a.
Last 3Y
0.00%p.a.
Last 5Y
14.58%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Retirement Fund - Dynamic Plan Growth scheme from Axis Asset Management Company Limited. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Dec 2019, Axis Retirement Fund - Dynamic Plan Growth is Retirement fund of its category with 385.46 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.
The investment objective of the Investment Plan(s) under the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt and other instruments to help investors meet their retirement goals. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Investment Plan has a dual objective of generating capital appreciation by investing in equity and equity related securities as well as generating income by investing in debt and money market securities, while attempting to manage risk from the market through active asset allocation. The Investment Plan may also invest in units of Gold ETF or units of REITs & InvITs for income generation / wealth creation.
ICICI Bank Ltd
5.62%
HDFC Bank Ltd
4.66%
7.3% Govt Stock 2053
4.05%
Reliance Industries Ltd
4.01%
Infosys Ltd
3.36%
Torrent Power Ltd
2.71%
7.25% Govt Stock 2063
2.41%
Bajaj Finance Ltd
2.37%
Pidilite Industries Ltd
2.18%
Tata Consultancy Services Ltd
2.13%
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
20.3%
very high risk | equity
18.3%
very high risk | equity
16.2%