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

INVEST VIA NRE/NRO

Edelweiss Technology Fund Growth for NRI [11.79]

Min Investment

100

Fund Size

592.62 Cr

Expense Ratio

2.3%

Exit Load

1%

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

11.79

0.00%

NAV as on 05 Sep 24, 12:00 AM

very high risk

sector technology

equity

NAV as on 05 Sep 24, 12:00 AM

very high risk

sector technology

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

0.00%p.a.

Since Inception

About Edelweiss Technology Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Edelweiss Technology Fund Growth scheme from Edelweiss Asset Management Limited. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Mar 2024, Edelweiss Technology Fund Growth is Sector - Technology fund of its category with 592.62 Cr fund under management as on Jan 1970. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.

  • Edelweiss Technology Fund Growth delivered 0.0% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
  • Edelweiss Technology 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

To provide long-term capital appreciation by investing predominantly in equity and equity-related securities of technology & technology-related companies.

Top 10 Holdings

Infosys Ltd

9.61%

Bharti Airtel Ltd

8.62%

Apple Inc

5.32%

Microsoft Corp

4.82%

Tech Mahindra Ltd

4.67%

NVIDIA Corp

4.23%

Zomato Ltd

3.88%

Tata Consultancy Services Ltd

3.74%

HCL Technologies Ltd

3.25%

Persistent Systems Ltd

3.24%

Fund Managers

  1. Sumanta Khan (Apr 2024 - Present)
  2. Amit Vora (Mar 2024 - Present)
  3. Trideep Bhattacharya (Mar 2024 - Present)
  4. Raj Koradia (Aug 2024 - Present)

Key Information

View Scheme Document

Edelweiss Technology 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 Technology 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 Technology 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 Technology 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