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
₹15.27
-2.94%
NAV as on 16 Nov 24, 12:00 AM
very high risk
sector precious metals
fof
NAV as on 16 Nov 24, 12:00 AM
very high risk
sector precious metals
fof
23.32%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
28.05%p.a.
Since Inception
About Axis Silver Fund of Funds Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Axis Silver Fund of Funds Growth scheme from Axis Asset Management Company Limited. It is a Sector - Precious Metals mutual fund scheme that predominantly invests in Sector - Precious Metals stocks of companies. Launched on Sep 2022, Axis Silver Fund of Funds Growth is Sector - Precious Metals fund of its category with 56.03 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.
- Axis Silver Fund of Funds Growth delivered 23.3% annual returns during the last year. It has delivered 28.1% average annual returns since the fund was launched.
- Axis Silver Fund of Funds Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in fof
Fund Objective
To provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. There is no assurance that the investment objective of the Scheme will be realized. However, there can be no assurance that the investment objective of the Scheme will be realized.
Top 1 Holdings
Axis Silver ETF
97.85%
Fund Managers
- Aditya Pagaria (Sep 2022 - Present)
Key Information
View Scheme Document
Axis Silver Fund of Funds Growth SIP Calculator
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
NRI Mutual Fund Tax on Axis Silver Fund of Funds Growth
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 |
How can NRIs invest in Axis Silver Fund of Funds Growth?
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:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Silver Fund of Funds Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
Nippon India Gold Savings Fund - Growth
very high risk | equity
12.9%
ICICI Prudential Silver ETF Fund of Fund Growth
very high risk | equity
0.0%
Nippon India Silver ETF Fund of Fund (FOF) Growth
very high risk | equity
0.0%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved