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
₹10.48
-1.17%
NAV as on 17 Dec 24, 12:00 AM
very high risk
index funds
equity
NAV as on 17 Dec 24, 12:00 AM
very high risk
index funds
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
1.68%p.a.
Since Inception
About Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Growth scheme from Edelweiss Asset Management Limited. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Oct 2024, Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Growth is Index Funds fund of its category with 0 fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
- Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Growth delivered 0.0% annual returns during the last year. It has delivered 1.7% average annual returns since the fund was launched.
- Edelweiss Nifty500 Multicap Momentum Quality 50 Index 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 of the scheme is to provide returns before expenses that correspond to the total returns of the Nifty500 Multicap Momentum Quality 50 Index Fund, subject to tracking errors.
Top 0 Holdings
Fund Managers
- Bhavesh Jain (Oct 2024 - Present)
- Bharat Lahoti (Oct 2024 - Present)
Key Information
View Scheme Document
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Growth SIP Calculator
If invested
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 Nifty500 Multicap Momentum Quality 50 Index 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 Nifty500 Multicap Momentum Quality 50 Index 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 Nifty500 Multicap Momentum Quality 50 Index 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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