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
₹30.85
0.83%
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity consumption
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity consumption
equity
25.94%p.a.
Last 1Y
15.02%p.a.
Last 3Y
19.68%p.a.
Last 5Y
20.60%p.a.
Since Inception
About Baroda BNP Paribas India Consumption Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Baroda BNP Paribas India Consumption Growth scheme from Baroda BNP Paribas Asset Management India Pvt. Ltd.. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Sep 2018, Baroda BNP Paribas India Consumption Growth is Equity - Consumption fund of its category with 1,446.79 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.
- Baroda BNP Paribas India Consumption Growth delivered 25.9% annual returns during the last year. It has delivered 20.6% average annual returns since the fund was launched.
- Baroda BNP Paribas India Consumption 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 primary investment objective of the Scheme is to seek to generate capital appreciation and provide long-term growth opportunities by investing in companies expected to benefit by providing products and services to the growing consumption needs of Indian consumers, which in turn is getting fuelled by high disposable income. The Scheme also seeks to generate income by investing in debt and money market securities. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
Top 10 Holdings
Trent Ltd
7.88%
ITC Ltd
6.42%
Bharti Airtel Ltd
6.02%
Hindustan Unilever Ltd
5.24%
Mahindra & Mahindra Ltd
4.71%
TVS Motor Co Ltd
4.14%
Zomato Ltd
4.01%
Britannia Industries Ltd
2.49%
Maruti Suzuki India Ltd
2.49%
Titan Co Ltd
2.26%
Fund Managers
- Shiv Chanani (Jul 2022 - Present)
- Himanshu Singh (Oct 2024 - Present)
Key Information
View Scheme Document
Baroda BNP Paribas India Consumption 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 Baroda BNP Paribas India Consumption 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 Baroda BNP Paribas India Consumption 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 Baroda BNP Paribas India Consumption 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
Aditya Birla Sun Life India GenNext Fund Growth
very high risk | equity
12.9%
Axis Consumption Fund Growth
very high risk | equity
0.0%
Mirae Asset Great Consumer Growth
very high risk | equity
16.4%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved