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
₹47.95
-3.11%
NAV as on 16 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 16 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
15.51%p.a.
Last 1Y
12.99%p.a.
Last 3Y
18.25%p.a.
Last 5Y
14.58%p.a.
Since Inception
About Canara Robeco ELSS Tax Saver Reinvestment of Income Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Canara Robeco ELSS Tax Saver Reinvestment of Income Dist cum Cap Wdrl scheme from Canara Robeco Asset Management Co. Ltd.. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Mar 1993, Canara Robeco ELSS Tax Saver Reinvestment of Income Dist cum Cap Wdrl is ELSS (Tax Savings) fund of its category with 8,817.34 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- Canara Robeco ELSS Tax Saver Reinvestment of Income Dist cum Cap Wdrl delivered 15.5% annual returns during the last year. It has delivered 14.6% average annual returns since the fund was launched.
- Canara Robeco ELSS Tax Saver Reinvestment of Income Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
The Fund aims to provide long term capital appreciation by predominantly investing in equities and to facilitate the subscribers to seek tax benefits as provided under Section 80 C of the Income Tax Act, 1961. However, there can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
6.90%
ICICI Bank Ltd
6.38%
Infosys Ltd
4.45%
Reliance Industries Ltd
3.46%
Bharti Airtel Ltd
3.30%
Larsen & Toubro Ltd
2.70%
State Bank of India
2.37%
NTPC Ltd
2.33%
Tata Consultancy Services Ltd
2.01%
Axis Bank Ltd
1.97%
Fund Managers
- Vishal Mishra (Jun 2021 - Present)
- Shridatta Bhandwaldar (Oct 2019 - Present)
Key Information
View Scheme Document
Canara Robeco ELSS Tax Saver Reinvestment of Income Dist cum Cap Wdrl SIP Calculator
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NRI Mutual Fund Tax on Canara Robeco ELSS Tax Saver Reinvestment of Income Dist cum Cap Wdrl
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 Canara Robeco ELSS Tax Saver Reinvestment of Income Dist cum Cap Wdrl?
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 Canara Robeco ELSS Tax Saver Reinvestment of Income Dist cum Cap Wdrl
- 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
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Frequently Asked Questions
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