NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Baroda BNP Paribas NIFTY 50 Index Fund Growth for NRI [11.35]

Min Investment

5,000

Fund Size

63.76 Cr

Expense Ratio

0.6%

Exit Load

0.2%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

11.35

1.14%

NAV as on 06 Nov 24, 12:00 AM

very high risk

index funds

equity

NAV as on 06 Nov 24, 12:00 AM

very high risk

index funds

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

13.15%p.a.

Since Inception

About Baroda BNP Paribas NIFTY 50 Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Baroda BNP Paribas NIFTY 50 Index Fund Growth scheme from Baroda BNP Paribas Asset Management India Pvt. Ltd.. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Jan 2024, Baroda BNP Paribas NIFTY 50 Index Fund Growth is Index Funds fund of its category with 63.76 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • Baroda BNP Paribas NIFTY 50 Index Fund Growth delivered 0.0% annual returns during the last year. It has delivered 13.2% average annual returns since the fund was launched.
  • Baroda BNP Paribas NIFTY 50 Index 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 investment returns closely corresponding to the total returns of the securities as represented by the Nifty 50 Total Returns Index before expenses, subject to tracking errors, fees and expenses. However, there is no assurance that the objective of the Scheme will be realized, and the Scheme does not assure or guarantee any returns.

Top 10 Holdings

HDFC Bank Ltd

11.28%

Reliance Industries Ltd

8.77%

ICICI Bank Ltd

7.81%

Infosys Ltd

5.84%

ITC Ltd

4.14%

Bharti Airtel Ltd

3.95%

Tata Consultancy Services Ltd

3.74%

Larsen & Toubro Ltd

3.71%

Axis Bank Ltd

3.07%

State Bank of India

2.62%

Fund Managers

  1. Neeraj Saxena (Jan 2024 - Present)

Key Information

View Scheme Document

Baroda BNP Paribas NIFTY 50 Index Fund Growth SIP Calculator

If invested

5,000

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 NIFTY 50 Index Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Baroda BNP Paribas NIFTY 50 Index 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 Baroda BNP Paribas NIFTY 50 Index 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

Frequently Asked Questions