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
₹15.61
0.77%
NAV as on 19 Nov 24, 12:00 AM
very high risk
large cap
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
large cap
equity
25.18%p.a.
Last 1Y
11.31%p.a.
Last 3Y
0.00%p.a.
Last 5Y
15.13%p.a.
Since Inception
About Bank of India Bluechip Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Bank of India Bluechip Fund Growth scheme from Bank of India Investment Managers Private Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Jun 2021, Bank of India Bluechip Fund Growth is Large-Cap fund of its category with 192.46 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
- Bank of India Bluechip Fund Growth delivered 25.2% annual returns during the last year. It has delivered 15.1% average annual returns since the fund was launched.
- Bank of India Bluechip Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the scheme is to provide investors with the opportunities of long term capital appreciation by investing predominantly in equity and equity-related instruments of large cap companies. However, there can be no assurance that the income can be generated, regular or otherwise, or the Investment Objective of the scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
8.34%
Reliance Industries Ltd
5.54%
State Bank of India
5.22%
NTPC Ltd
3.90%
ICICI Bank Ltd
3.36%
Dr Reddy's Laboratories Ltd
2.98%
Bajaj Finance Ltd
2.65%
Vedanta Ltd
2.60%
JSW Steel Ltd
2.30%
Baazar Style Retail Ltd
2.28%
Fund Managers
- Alok Singh (Oct 2024 - Present)
- Nilesh Jethani (Oct 2024 - Present)
Key Information
View Scheme Document
Bank of India Bluechip Fund Growth SIP Calculator
If invested
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For a period of
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Bank of India Bluechip Fund 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 Bank of India Bluechip Fund 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 Bank of India Bluechip Fund 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
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3Y Return
ICICI Prudential Bluechip Fund Growth
very high risk | equity
15.7%
SBI Bluechip Fund Growth
very high risk | equity
11.7%
Mirae Asset Large Cap Fund Growth
very high risk | equity
9.7%
Frequently Asked Questions
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