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
₹28.74
0.36%
NAV as on 29 Apr 24, 12:00 AM
very high risk
global other
fof
NAV as on 29 Apr 24, 12:00 AM
very high risk
global other
fof
15.28%p.a.
Last 1Y
8.56%p.a.
Last 3Y
12.55%p.a.
Last 5Y
10.64%p.a.
Since Inception
About Edelweiss US Value Equity Offshore Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Edelweiss US Value Equity Offshore Fund Growth scheme from Edelweiss Asset Management Limited. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Aug 2013, Edelweiss US Value Equity Offshore Fund Growth is Global - Other fund of its category with 101.32 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.
- Edelweiss US Value Equity Offshore Fund Growth delivered 15.3% annual returns during the last year. It has delivered 10.6% average annual returns since the fund was launched.
- Edelweiss US Value Equity Offshore Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in fof
Fund Objective
The primary investment objective of the Scheme is to seek to provide long term capital growth by investing predominantly in the JPMorgan Funds - US Value Fund, an equity fund which invests primarily in a value style biased portfolio of US companies. However, there can be no assurance that the investment objective of the Scheme will be realised.
Top 1 Holdings
JPM US Value I (acc) USD
98.72%
Fund Managers
- Bhavesh Jain (Sep 2019 - Present)
- Bharat Lahoti (Oct 2021 - Present)
Key Information
View Scheme Document
Edelweiss US Value Equity Offshore Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Edelweiss US Value Equity Offshore 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 US Value Equity Offshore 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 US Value Equity Offshore 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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