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
₹20.19
-3.96%
NAV as on 20 Jan 25, 12:00 AM
very high risk
value
equity
NAV as on 20 Jan 25, 12:00 AM
very high risk
value
equity
12.44%p.a.
Last 1Y
14.98%p.a.
Last 3Y
16.74%p.a.
Last 5Y
10.38%p.a.
Since Inception
About Groww Value Fund Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal for NRIs
NRIs can achieve long-term capital appreciation by investing in the Groww Value Fund Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal scheme from Groww Asset Management Ltd.. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Mar 2017, Groww Value Fund Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal is Value fund of its category with 46.71 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Value funds.
- Groww Value Fund Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal delivered 12.4% annual returns during the last year. It has delivered 10.4% average annual returns since the fund was launched.
- Groww Value Fund Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal 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
ICICI Bank Ltd
7.69%
HDFC Bank Ltd
7.00%
Larsen & Toubro Ltd
6.71%
State Bank of India
5.92%
Coal India Ltd
4.78%
NTPC Ltd
4.08%
Mahindra & Mahindra Ltd
3.51%
National Aluminium Co Ltd
3.24%
Spicejet Ltd
3.23%
Bharti Airtel Ltd
3.11%
Fund Managers
- Anupam Tiwari (May 2023 - Present)
Key Information
View Scheme Document
Groww Value Fund Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
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This Fund
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NRI Mutual Fund Tax on Groww Value Fund Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal
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 Value Fund Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal?
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 Value Fund Half Yearly Reinvestment of Income Distribution cum Capital Withdrawal
- 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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