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
₹10.48
-3.26%
NAV as on 20 Jan 25, 12:00 AM
very high risk
index funds
equity
NAV as on 20 Jan 25, 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
9.33%p.a.
Since Inception
About Groww Nifty Non-Cyclical Consumer Index Fund Reinvestment Inc Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Groww Nifty Non-Cyclical Consumer Index Fund Reinvestment Inc Dist cum Cap Wdrl 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 Reinvestment Inc Dist cum Cap Wdrl is Index Funds fund of its category with 45.62 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
- Groww Nifty Non-Cyclical Consumer Index Fund Reinvestment Inc Dist cum Cap Wdrl delivered 0.0% annual returns during the last year. It has delivered 9.3% average annual returns since the fund was launched.
- Groww Nifty Non-Cyclical Consumer Index Fund 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 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.
Top 10 Holdings
Bharti Airtel Ltd
10.35%
ITC Ltd
10.31%
Hindustan Unilever Ltd
9.48%
Zomato Ltd
7.58%
Trent Ltd
6.57%
Titan Co Ltd
5.85%
Asian Paints Ltd
4.88%
Nestle India Ltd
3.48%
InterGlobe Aviation Ltd
3.29%
Varun Beverages Ltd
3.26%
Fund Managers
- Abhishek Jain (May 2024 - Present)
Key Information
View Scheme Document
Groww Nifty Non-Cyclical Consumer Index Fund Reinvestment Inc Dist cum Cap Wdrl SIP Calculator
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NRI Mutual Fund Tax on Groww Nifty Non-Cyclical Consumer Index Fund 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 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 Nifty Non-Cyclical Consumer Index Fund 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 Nifty Non-Cyclical Consumer Index Fund 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
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Frequently Asked Questions
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