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
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moderately high risk
multi cap
equity
NAV as on Datlid , 12:NaN AM
moderately high risk
multi cap
equity
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About Groww Multi Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Groww Multi Cap Fund Growth scheme from Groww Asset Management Ltd.. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Mar 2020, Groww Multi Cap Fund Growth is Multi-Cap fund of its category with 0 fund under management as on Jan 1970. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
- Groww Multi Cap Fund Growth delivered 0.0% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
- Groww Multi Cap 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
Groww Multi cap Fund aims to generate medium to long term capital growth by investing in a diversified portfolio consisting of equity and equity related instruments across market capitalization. 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 0 Holdings
Fund Managers
- Vikrant Mehta (Mar 2020 - Present)
- Veekesh Gandhi (Mar 2020 - Present)
Key Information
View Scheme Document
Groww Multi Cap Fund Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on Groww Multi Cap 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 Groww Multi Cap 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 Groww Multi Cap 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
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