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
₹22.37
0.19%
NAV as on 30 Apr 24, 12:00 AM
moderate risk
equity savings
hybrid (nc)
NAV as on 30 Apr 24, 12:00 AM
moderate risk
equity savings
hybrid (nc)
16.58%p.a.
Last 1Y
10.02%p.a.
Last 3Y
9.96%p.a.
Last 5Y
8.72%p.a.
Since Inception
About Edelweiss Equity Savings Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Edelweiss Equity Savings Fund Growth scheme from Edelweiss Asset Management Limited. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Oct 2014, Edelweiss Equity Savings Fund Growth is Equity Savings fund of its category with 372.41 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- Edelweiss Equity Savings Fund Growth delivered 16.6% annual returns during the last year. It has delivered 8.7% average annual returns since the fund was launched.
- Edelweiss Equity Savings Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (nc)
Fund Objective
The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns.
Top 10 Holdings
7.18% Govt Stock 2033
7.18%
7.06% Govt Stock 2028
6.71%
Edelweiss Liquid Dir Gr
5.29%
Future on Ambuja Cements Ltd
5.15%
Ambuja Cements Ltd
5.12%
HDFC Bank Ltd
5.08%
Future on Adani Ports & Special Economic Zone Ltd
4.94%
Adani Ports & Special Economic Zone Ltd
4.90%
Future on HDFC Bank Ltd
4.12%
Coal India Ltd
3.40%
Fund Managers
- Dhawal Dalal (Nov 2016 - Present)
- Bhavesh Jain (Oct 2021 - Present)
- Bharat Lahoti (Sep 2017 - Present)
Key Information
View Scheme Document
Edelweiss Equity Savings Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Edelweiss Equity Savings 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 Edelweiss Equity Savings 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 Edelweiss Equity Savings 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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