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
₹14.22
2.39%
NAV as on 23 Nov 24, 12:00 AM
very high risk
sector technology
equity
NAV as on 23 Nov 24, 12:00 AM
very high risk
sector technology
equity
38.90%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
32.08%p.a.
Since Inception
About HDFC Technology Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Technology Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Sep 2023, HDFC Technology Fund Growth is Sector - Technology fund of its category with 1,316.72 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.
- HDFC Technology Fund Growth delivered 38.9% annual returns during the last year. It has delivered 32.1% average annual returns since the fund was launched.
- HDFC Technology 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
To provide long-term capital appreciation by investing predominantly in equity and equity related securities of Technology & technology related companies There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Infosys Ltd
17.07%
Tata Consultancy Services Ltd
13.80%
Bharti Airtel Ltd
10.73%
HCL Technologies Ltd
8.40%
Mphasis Ltd
4.44%
Firstsource Solutions Ltd
4.10%
Tech Mahindra Ltd
3.58%
Zomato Ltd
3.19%
Info Edge (India) Ltd
3.11%
Coforge Ltd
2.96%
Fund Managers
- Dhruv Muchhal (Sep 2023 - Present)
- Balakumar B (Sep 2023 - Present)
Key Information
View Scheme Document
HDFC Technology Fund Growth SIP Calculator
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NRI Mutual Fund Tax on HDFC Technology 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 Technology 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 Technology 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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