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

INVEST VIA NRE/NRO

Edelweiss Large Cap Fund Growth for NRI [80.34]

Min Investment

100

Fund Size

1,081.39 Cr

Expense Ratio

2.2%

Exit Load

1%

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

80.34

-1.52%

NAV as on 13 Nov 24, 12:00 AM

very high risk

large cap

equity

NAV as on 13 Nov 24, 12:00 AM

very high risk

large cap

equity

25.39%p.a.

Last 1Y

12.36%p.a.

Last 3Y

16.72%p.a.

Last 5Y

14.66%p.a.

Since Inception

About Edelweiss Large Cap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Edelweiss Large Cap Fund Growth scheme from Edelweiss Asset Management Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on May 2009, Edelweiss Large Cap Fund Growth is Large-Cap fund of its category with 1,081.39 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • Edelweiss Large Cap Fund Growth delivered 25.4% annual returns during the last year. It has delivered 14.7% average annual returns since the fund was launched.
  • Edelweiss Large 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 is to seek to generate long-term capital appreciation from a portfolio predominantly consisting equity and equityrelated securities of the 100 largest corporate by market capitalisation listed in India. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Top 10 Holdings

ICICI Bank Ltd

7.40%

HDFC Bank Ltd

6.93%

Reliance Industries Ltd

4.14%

Larsen & Toubro Ltd

3.69%

ITC Ltd

3.47%

Infosys Ltd

3.36%

NTPC Ltd

3.19%

Bharti Airtel Ltd

2.73%

Cipla Ltd

2.57%

Tata Motors Ltd

2.38%

Fund Managers

  1. Bhavesh Jain (May 2017 - Present)
  2. Bharat Lahoti (Oct 2021 - Present)

Key Information

View Scheme Document

Edelweiss Large Cap Fund 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 Large Cap Fund 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 Large 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 Edelweiss Large 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

Frequently Asked Questions