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
₹11.71
0.48%
NAV as on 05 Sep 24, 12:00 AM
very high risk
index funds
equity
NAV as on 05 Sep 24, 12:00 AM
very high risk
index funds
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
16.17%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Groww Nifty Non-Cyclical Consumer Index Fund Growth scheme from Groww Asset Management Ltd.. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on May 2024, Groww Nifty Non-Cyclical Consumer Index Fund Growth is Index Funds fund of its category with 30.96 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
The investment objective of the Scheme is to generate long term capital growth by investing in securities of the Nifty Non-Cyclical Consumer Index (TRI) in the same proportion / weightage with an aim to provide returns before expenses that track the total return of Nifty Non-Cyclical Consumer Index, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
ITC Ltd
10.91%
Hindustan Unilever Ltd
10.22%
Bharti Airtel Ltd
9.83%
Titan Co Ltd
6.11%
Zomato Ltd
6.00%
Asian Paints Ltd
5.89%
Trent Ltd
5.45%
Nestle India Ltd
3.71%
Tata Consumer Products Ltd
3.29%
Varun Beverages Ltd
3.21%
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
very high risk | equity
14.2%
very high risk | equity
14.1%
very high risk | equity
14.1%