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

INVEST VIA NRE/NRO

Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl for NRI [23.56]

Min Investment

100

Fund Size

127.19 Cr

Expense Ratio

2.4%

Exit Load

1%

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

23.56

-4.88%

NAV as on 20 Jan 25, 12:00 AM

very high risk

large cap

equity

NAV as on 20 Jan 25, 12:00 AM

very high risk

large cap

equity

13.64%p.a.

Last 1Y

13.49%p.a.

Last 3Y

12.74%p.a.

Last 5Y

12.70%p.a.

Since Inception

About Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl for NRIs

NRIs can achieve long-term capital appreciation by investing in the Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl scheme from Groww Asset Management Ltd.. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Mar 2017, Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl is Large-Cap fund of its category with 127.19 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl delivered 13.6% annual returns during the last year. It has delivered 12.7% average annual returns since the fund was launched.
  • Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The primary investment objective of the Scheme is to seek to provide long-term capital appreciation from a portfolio that is invested predominantly in equity and equityrelated securities of blue-chip large-cap companies. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.

Top 10 Holdings

Larsen & Toubro Ltd

9.38%

ICICI Bank Ltd

8.21%

State Bank of India

6.84%

Mahindra & Mahindra Ltd

5.06%

Axis Bank Ltd

4.78%

NTPC Ltd

4.39%

HCL Technologies Ltd

4.02%

Infosys Ltd

3.84%

Bharti Airtel Ltd

3.58%

InterGlobe Aviation Ltd

3.37%

Fund Managers

  1. Anupam Tiwari (May 2023 - Present)

Key Information

View Scheme Document

Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl 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 Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl

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 Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl?

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 Groww Large Cap Fund Plan Quarterly Reinvestment Inc Dist cum Cap Wdrl
  • 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