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
₹63.36
0.57%
NAV as on 23 Nov 24, 12:00 AM
moderately high risk
equity savings
hybrid (nc)
NAV as on 23 Nov 24, 12:00 AM
moderately high risk
equity savings
hybrid (nc)
14.50%p.a.
Last 1Y
9.86%p.a.
Last 3Y
11.14%p.a.
Last 5Y
9.64%p.a.
Since Inception
About HDFC Equity Savings Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Equity Savings Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Sep 2004, HDFC Equity Savings Fund Growth is Equity Savings fund of its category with 5,463.01 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- HDFC Equity Savings Fund Growth delivered 14.5% annual returns during the last year. It has delivered 9.6% average annual returns since the fund was launched.
- HDFC Equity Savings Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (nc)
Fund Objective
To provide capital appreciation by investing in Equity & equity related instruments, Arbitrage opportunities, and Debt & money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
8.24%
Future on HDFC Bank Ltd
5.42%
ICICI Bank Ltd
4.73%
United Spirits Ltd
3.21%
Future on United Spirits Ltd
2.83%
Axis Bank Ltd
2.71%
Future on Titan Co Ltd
2.46%
Titan Co Ltd
2.45%
7.18% Govt Stock 2033
2.45%
Sun Pharmaceuticals Industries Ltd
2.42%
Fund Managers
- Anil Bamboli (Sep 2004 - Present)
- Arun Agarwal (Sep 2004 - Present)
- Srinivasan Ramamurthy (Dec 2021 - Present)
- Nirman Morakhia (Feb 2023 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC Equity Savings Fund Growth SIP Calculator
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NRI Mutual Fund Tax on HDFC Equity Savings 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 HDFC Equity Savings 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 HDFC Equity Savings 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
Similar Funds
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3Y Return
SBI Equity Savings Growth
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9.6%
Mirae Asset Equity Savings Fund Growth
moderately high risk | equity
9.4%
Axis Equity Savings Fund Plan Growth
moderately high risk | equity
8.1%
Frequently Asked Questions
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