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
₹27.73
-1.02%
NAV as on 17 Nov 24, 12:00 AM
very high risk
global other
fof
NAV as on 17 Nov 24, 12:00 AM
very high risk
global other
fof
21.30%p.a.
Last 1Y
3.91%p.a.
Last 3Y
5.09%p.a.
Last 5Y
7.96%p.a.
Since Inception
About Edelweiss ASEAN Equity Off Shore Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Edelweiss ASEAN Equity Off Shore Fund Plan Growth scheme from Edelweiss Asset Management Limited. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Jul 2011, Edelweiss ASEAN Equity Off Shore Fund Plan Growth is Global - Other fund of its category with 94.05 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.
- Edelweiss ASEAN Equity Off Shore Fund Plan Growth delivered 21.3% annual returns during the last year. It has delivered 8.0% average annual returns since the fund was launched.
- Edelweiss ASEAN Equity Off Shore Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in fof
Fund Objective
The primary investment objective of the Scheme is to provide long term capital growth by investing predominantly in JPMorgan Funds – ASEAN Equity Fund, an equity fund which invests primarily in companies of countries which are members of the Association of South East Asian Nations (ASEAN). However, there can be no assurance that the investment objective of the Scheme will be realized.
Top 1 Holdings
JPM ASEAN Equity I (acc) USD
99.57%
Fund Managers
- Bhavesh Jain (Sep 2019 - Present)
- Bharat Lahoti (Oct 2021 - Present)
Key Information
View Scheme Document
Edelweiss ASEAN Equity Off Shore Fund Plan Growth SIP Calculator
If invested
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For a period of
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₹0(+0.0%)
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Edelweiss ASEAN Equity Off Shore Fund Plan 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 Edelweiss ASEAN Equity Off Shore Fund Plan 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 Edelweiss ASEAN Equity Off Shore Fund Plan 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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