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
₹11.87
0.59%
NAV as on 17 Nov 24, 12:00 AM
very high risk
fund of funds
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
fund of funds
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
23.20%p.a.
Since Inception
About Canara Robeco Manufacturing Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Canara Robeco Manufacturing Fund Growth scheme from Canara Robeco Asset Management Co. Ltd.. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Mar 2024, Canara Robeco Manufacturing Fund Growth is Fund of Funds fund of its category with 1,767.98 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
- Canara Robeco Manufacturing Fund Growth delivered 0.0% annual returns during the last year. It has delivered 23.2% average annual returns since the fund was launched.
- Canara Robeco Manufacturing 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 scheme aims to generate long-term capital appreciation by investing predominantly in equities and equity related instruments of companies engaged in the Manufacturing theme. However, there can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
Mahindra & Mahindra Ltd
3.79%
Bharat Electronics Ltd
3.54%
Maruti Suzuki India Ltd
3.07%
Bajaj Auto Ltd
3.01%
Hindustan Aeronautics Ltd Ordinary Shares
2.59%
Reliance Industries Ltd
2.35%
Tata Steel Ltd
2.25%
Kaynes Technology India Ltd
2.23%
Aditya Birla Real Estate Ltd
2.21%
GE Vernova T&D India Ltd
2.16%
Fund Managers
- Pranav Gokhale (Mar 2024 - Present)
- Shridatta Bhandwaldar (Mar 2024 - Present)
Key Information
View Scheme Document
Canara Robeco Manufacturing Fund Growth SIP Calculator
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For a period of
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₹0 (+0.0%)
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Fixed Deposit
NRI Mutual Fund Tax on Canara Robeco Manufacturing 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 Manufacturing 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 Manufacturing 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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