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

INVEST VIA NRE/NRO

Canara Robeco Manufacturing Fund Growth for NRI [10.75]

Min Investment

5,000

Fund Size

1,120.9 Cr

Expense Ratio

2.1%

Exit Load

1%

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

10.75

0.28%

NAV as on 29 Apr 24, 12:00 AM

very high risk

fund of funds

equity

NAV as on 29 Apr 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

1.60%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 1,120.9 Cr fund under management as on Apr 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 1.6% 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

Maruti Suzuki India Ltd

3.49%

Bajaj Auto Ltd

3.24%

Hindustan Aeronautics Ltd Ordinary Shares

3.03%

Reliance Industries Ltd

2.88%

Bharat Electronics Ltd

2.87%

Mahindra & Mahindra Ltd

2.50%

Larsen & Toubro Ltd

2.22%

NTPC Ltd

2.00%

Samvardhana Motherson International Ltd

1.83%

Siemens Ltd

1.83%

Fund Managers

  1. Pranav Gokhale (Mar 2024 - Present)
  2. Shridatta Bhandwaldar (Mar 2024 - Present)

Key Information

View Scheme Document

Canara Robeco Manufacturing 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 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 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 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

Frequently Asked Questions