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
₹18.81
0.48%
NAV as on 17 Nov 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
focused fund
equity
33.12%p.a.
Last 1Y
14.35%p.a.
Last 3Y
0.00%p.a.
Last 5Y
20.60%p.a.
Since Inception
About Canara Robeco Focused Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Canara Robeco Focused Equity Fund Growth scheme from Canara Robeco Asset Management Co. Ltd.. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on May 2021, Canara Robeco Focused Equity Fund Growth is Focused Fund fund of its category with 2,514.4 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- Canara Robeco Focused Equity Fund Growth delivered 33.1% annual returns during the last year. It has delivered 20.6% average annual returns since the fund was launched.
- Canara Robeco Focused Equity 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 generate long term capital appreciation/income by investing in equity and equity related instruments across market capitalization of up to 30 companies. However, there can be no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
ICICI Bank Ltd
8.61%
HDFC Bank Ltd
7.02%
Infosys Ltd
5.43%
Bharti Airtel Ltd
4.81%
Trent Ltd
4.08%
Bharat Electronics Ltd
3.77%
Zomato Ltd
3.76%
State Bank of India
3.52%
UNO Minda Ltd
3.33%
Max Healthcare Institute Ltd Ordinary Shares
3.10%
Fund Managers
- Shridatta Bhandwaldar (May 2021 - Present)
- Amit Kadam (Oct 2021 - Present)
Key Information
View Scheme Document
Canara Robeco Focused Equity Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Canara Robeco Focused Equity 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 Canara Robeco Focused Equity 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 Canara Robeco Focused Equity 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
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7.7%
HDFC Focused 30 Fund Growth
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22.0%
Axis Focused Fund Growth
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2.1%
Frequently Asked Questions
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