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
₹15.82
0.38%
NAV as on 16 Nov 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 16 Nov 24, 12:00 AM
very high risk
mid cap
equity
31.29%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
29.62%p.a.
Since Inception
About Canara Robeco Mid Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Canara Robeco Mid Cap Fund Growth scheme from Canara Robeco Asset Management Co. Ltd.. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Dec 2022, Canara Robeco Mid Cap Fund Growth is Mid-Cap fund of its category with 2,799.02 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
- Canara Robeco Mid Cap Fund Growth delivered 31.3% annual returns during the last year. It has delivered 29.6% average annual returns since the fund was launched.
- Canara Robeco Mid Cap 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 capital appreciation by investing predominantly in equity and equity related instruments of mid cap companies. However, there can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
Trent Ltd
3.09%
UNO Minda Ltd
2.87%
Shriram Finance Ltd
2.79%
Max Healthcare Institute Ltd Ordinary Shares
2.62%
Indian Bank
2.34%
Max Financial Services Ltd
2.33%
Suzlon Energy Ltd
2.27%
JK Cement Ltd
2.23%
Bayer CropScience Ltd
2.19%
Mphasis Ltd
2.18%
Fund Managers
- Pranav Gokhale (Nov 2023 - Present)
- Shridatta Bhandwaldar (Dec 2022 - Present)
Key Information
View Scheme Document
Canara Robeco Mid Cap Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Canara Robeco Mid Cap 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 Mid Cap 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 Mid Cap 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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Frequently Asked Questions
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