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
₹26.19
0.46%
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity other
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity other
equity
23.28%p.a.
Last 1Y
7.26%p.a.
Last 3Y
21.61%p.a.
Last 5Y
15.77%p.a.
Since Inception
About Edelweiss Recently Listed IPO Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Edelweiss Recently Listed IPO Fund Plan Growth scheme from Edelweiss Asset Management Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Feb 2018, Edelweiss Recently Listed IPO Fund Plan Growth is Equity - Other fund of its category with 937.01 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- Edelweiss Recently Listed IPO Fund Plan Growth delivered 23.3% annual returns during the last year. It has delivered 15.8% average annual returns since the fund was launched.
- Edelweiss Recently Listed IPO Fund Plan 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 seek to provide capital appreciation by investing in equity and equity related securities of recently listed 100 companies or upcoming Initial Public Offers (IPOs).
Top 10 Holdings
JSW Infrastructure Ltd
4.07%
Jyoti CNC Automation Ltd
4.03%
Bharti Hexacom Ltd
3.80%
ASK Automotive Ltd
3.45%
Happy Forgings Ltd
3.22%
TBO Tek Ltd
3.17%
Bajaj Housing Finance Ltd
3.11%
DOMS Industries Ltd
2.97%
Innova Captab Ltd
2.70%
India Shelter Finance Corporation Ltd
2.61%
Fund Managers
- Bhavesh Jain (Feb 2018 - Present)
- Bharat Lahoti (Feb 2018 - Present)
Key Information
View Scheme Document
Edelweiss Recently Listed IPO Fund Plan Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on Edelweiss Recently Listed IPO Fund Plan 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 Recently Listed IPO 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 Recently Listed IPO 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
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