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

INVEST VIA NRE/NRO

Edelweiss Multi Cap Fund Growth for NRI [13.04]

Min Investment

100

Fund Size

1,646.6 Cr

Expense Ratio

2.0%

Exit Load

1%

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

13.04

0.35%

NAV as on 01 May 24, 12:00 AM

very high risk

multi cap

equity

NAV as on 01 May 24, 12:00 AM

very high risk

multi cap

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

30.44%p.a.

Since Inception

About Edelweiss Multi Cap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Edelweiss Multi Cap Fund Growth scheme from Edelweiss Asset Management Limited. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Oct 2023, Edelweiss Multi Cap Fund Growth is Multi-Cap fund of its category with 1,646.6 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.

  • Edelweiss Multi Cap Fund Growth delivered 0.0% annual returns during the last year. It has delivered 30.4% average annual returns since the fund was launched.
  • Edelweiss Multi 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 Fund seeks to generate long-term capital appreciation by investing in a diversified portfolio of equity & equity-related instruments across large cap, mid cap and small cap stocks. 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

HDFC Bank Ltd

3.26%

Persistent Systems Ltd

2.68%

ICICI Bank Ltd

2.66%

Larsen & Toubro Ltd

2.46%

NTPC Ltd

2.27%

Radico Khaitan Ltd

2.21%

Coforge Ltd

2.18%

Bajaj Auto Ltd

1.76%

Sundaram Finance Ltd

1.68%

Tata Motors Ltd

1.67%

Fund Managers

  1. Amit Vora (Oct 2023 - Present)
  2. Trideep Bhattacharya (Oct 2023 - Present)
  3. Sahil Shah (Oct 2023 - Present)

Key Information

View Scheme Document

Edelweiss Multi 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 Multi 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 Multi 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 Multi 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