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

INVEST VIA NRE/NRO

Edelweiss ASEAN Equity Off Shore Fund Plan Growth for NRI [27.64]

Min Investment

100

Fund Size

86.7 Cr

Expense Ratio

2.3%

Exit Load

1%

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

27.64

-1.37%

NAV as on 06 Nov 24, 12:00 AM

very high risk

global other

fof

NAV as on 06 Nov 24, 12:00 AM

very high risk

global other

fof

17.98%p.a.

Last 1Y

4.25%p.a.

Last 3Y

5.13%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 86.7 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 18.0% 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

94.99%

Fund Managers

  1. Bhavesh Jain (Sep 2019 - Present)
  2. Bharat Lahoti (Oct 2021 - Present)

Key Information

View Scheme Document

Edelweiss ASEAN Equity Off Shore Fund Plan 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 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 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 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

Frequently Asked Questions