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
₹13.78
0.52%
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity consumption
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity consumption
equity
26.15%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
30.93%p.a.
Since Inception
About HDFC Non-Cyclical Consumer Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Non-Cyclical Consumer Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Jul 2023, HDFC Non-Cyclical Consumer Fund Growth is Equity - Consumption fund of its category with 884.45 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.
- HDFC Non-Cyclical Consumer Fund Growth delivered 26.1% annual returns during the last year. It has delivered 30.9% average annual returns since the fund was launched.
- HDFC Non-Cyclical Consumer 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
The investment objective of the Scheme is to generate long-term capital appreciation by investing predominantly in equity and equity related securities of companies with a focus on non-cyclical consumer theme. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Hindustan Unilever Ltd
9.12%
ITC Ltd
7.35%
Zomato Ltd
7.22%
United Spirits Ltd
4.38%
Titan Co Ltd
3.95%
Trent Ltd
3.88%
Godrej Consumer Products Ltd
3.42%
Asian Paints Ltd
3.35%
Bharti Airtel Ltd
3.26%
Brainbees Solutions Ltd
2.98%
Fund Managers
- Amit Sinha (Jul 2023 - Present)
- Dhruv Muchhal (Jul 2023 - Present)
Key Information
View Scheme Document
HDFC Non-Cyclical Consumer Fund Growth SIP Calculator
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NRI Mutual Fund Tax on HDFC Non-Cyclical Consumer 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 Non-Cyclical Consumer 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 Non-Cyclical Consumer 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
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Frequently Asked Questions
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