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
₹12.48
0.48%
NAV as on 05 Sep 24, 12:00 AM
very high risk
equity other
equity
NAV as on 05 Sep 24, 12:00 AM
very high risk
equity other
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
23.68%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Bandhan Innovation Fund Growth scheme from Bandhan Asset Management Company Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Apr 2024, Bandhan Innovation Fund Growth is Equity - Other fund of its category with 1,004.77 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
The Scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of companies following innovation theme.
AstraZeneca Pharma India Ltd
3.82%
Zomato Ltd
3.17%
Bharti Airtel Ltd (Partly Paid Rs.1.25)
2.74%
InterGlobe Aviation Ltd
2.38%
Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50)
2.32%
Aster DM Healthcare Ltd Ordinary Shares
2.27%
Varun Beverages Ltd
2.20%
Info Edge (India) Ltd
2.17%
Future on Syngene International Ltd
2.15%
Praj Industries Ltd
2.00%
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
29.9%
very high risk | equity
0.0%
very high risk | equity
24.3%