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

INVEST VIA NRE/NRO

CPSE ETF-Growth for NRI [98.12]

Min Investment

5,000

Fund Size

28,703.62 Cr

Expense Ratio

0.1%

Exit Load

%

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

98.12

1.84%

NAV as on 03 Feb 26, 12:00 AM

risk

etf units

equity

NAV as on 03 Feb 26, 12:00 AM

risk

etf units

equity

20.16%p.a.

Last 1Y

37.66%p.a.

Last 3Y

36.13%p.a.

Last 5Y

15.67%p.a.

Since Inception

About CPSE ETF-Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the CPSE ETF-Growth scheme from Nippon Life India Asset Management Limited. It is a ETF Units mutual fund scheme that predominantly invests in ETF Units stocks of companies. Launched on Mar 2014, CPSE ETF-Growth is ETF Units fund of its category with 28,703.62 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category ETF Units funds.

  • CPSE ETF-Growth delivered 20.2% annual returns during the last year. It has delivered 15.7% average annual returns since the fund was launched.
  • CPSE ETF-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 Provide Returns That, Before Expenses, Closely Correspond To The Total Returns Of The Securities As Represented By The Cpse Index, By Investing In The Securities Which Are Constituents Of The Cpse Index In The Same Proportion As In The Index. However The Performance Of The Scheme May Differ From That Of The Underlying Index Due To Tracking Error. There Can Be No Assurance Or Guarantee That The Investment Objective Of The Scheme Would Be Achieved.

Top 10 Holdings

Repo

0.03%

Net Payables

-0.02%

Others Mrgn Money

0.00%

Bharat Electronics Ltd

19.90%

Coal India Ltd

13.85%

NTPC Ltd

20.18%

NLC India Ltd

1.25%

NHPC Ltd

3.83%

Oil & Natural Gas Corporation Ltd

14.27%

Power Grid Corporation of India Ltd

18.32%

Fund Managers

  1. Jitendra Tolani (Feb 2025 - Present)

Key Information

View Scheme Document

CPSE ETF-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 CPSE ETF-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 CPSE ETF-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 CPSE ETF-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