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
₹11.80
-2.64%
NAV as on 13 Nov 24, 12:00 AM
very high risk
fund of funds
equity
NAV as on 13 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
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.
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.
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%
View Scheme Document
If invested
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | fof
32.5%
very high risk | fof
16.7%
very high risk | fof
16.9%