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
₹136.01
-0.13%
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity infrastructure
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity infrastructure
equity
42.06%p.a.
Last 1Y
25.75%p.a.
Last 3Y
27.54%p.a.
Last 5Y
19.15%p.a.
Since Inception
About Franklin Build India Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Franklin Build India Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Equity - Infrastructure mutual fund scheme that predominantly invests in Equity - Infrastructure stocks of companies. Launched on Sep 2009, Franklin Build India Fund Growth is Equity - Infrastructure fund of its category with 2,824.58 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Infrastructure funds.
- Franklin Build India Fund Growth delivered 42.1% annual returns during the last year. It has delivered 19.1% average annual returns since the fund was launched.
- Franklin Build India 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 Scheme seeks to achieve capital appreciation through investments in companies engaged either directly or indirectly in infrastructure-related activities.
Top 10 Holdings
Larsen & Toubro Ltd
9.23%
NTPC Ltd
5.68%
ICICI Bank Ltd
5.49%
Oil & Natural Gas Corp Ltd
4.24%
Multi Commodity Exchange of India Ltd
4.15%
Reliance Industries Ltd
4.15%
Bharti Airtel Ltd
4.05%
Kirloskar Pneumatic Co Ltd
3.91%
Power Grid Corp Of India Ltd
3.82%
Axis Bank Ltd
3.39%
Fund Managers
- Ajay Argal (Oct 2021 - Present)
- Kiran Sebastian (Feb 2022 - Present)
- Sandeep Manam (Oct 2021 - Present)
Key Information
View Scheme Document
Franklin Build India Fund Growth SIP Calculator
If invested
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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 Franklin Build India 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 Franklin Build India 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 Franklin Build India 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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SBI Infrastructure Fund Growth
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