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
₹15.75
0.02%
NAV as on 10 Nov 24, 12:00 AM
low to moderate risk
equity savings
equity
NAV as on 10 Nov 24, 12:00 AM
low to moderate risk
equity savings
equity
11.16%p.a.
Last 1Y
6.61%p.a.
Last 3Y
8.85%p.a.
Last 5Y
7.54%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Franklin India Equity Savings Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Aug 2018, Franklin India Equity Savings Fund Growth is Equity Savings fund of its category with 702.43 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
The Scheme intends to generate long-term capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. The Scheme also intends to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. There can be no assurance that the investment objective of the scheme will be realized.
Bajaj Finance Limited
4.51%
07.37 Goi 2028
3.76%
LIC Housing Finance Ltd. 7.835%
3.68%
Future on Tata Power Co Ltd
3.65%
Tata Power Co Ltd
3.63%
182 DTB 14112024
3.53%
Future on Reliance Industries Ltd
3.52%
Reliance Industries Ltd
3.49%
State Bank of India
3.14%
Future on Axis Bank Ltd
3.10%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
low to moderate risk | equity
5.9%