NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

HDFC Top 100 Fund Growth for NRI [1286.60]

Min Investment

100

Fund Size

32,355.19 Cr

Expense Ratio

0.6%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

1286.60

-0.16%

NAV as on 30 Apr 24, 12:00 AM

very high risk

large cap

equity

NAV as on 30 Apr 24, 12:00 AM

very high risk

large cap

equity

36.46%p.a.

Last 1Y

22.36%p.a.

Last 3Y

15.76%p.a.

Last 5Y

19.26%p.a.

Since Inception

About HDFC Top 100 Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the HDFC Top 100 Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Oct 1996, HDFC Top 100 Fund Growth is Large-Cap fund of its category with 32,355.19 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • HDFC Top 100 Fund Growth delivered 36.5% annual returns during the last year. It has delivered 19.3% average annual returns since the fund was launched.
  • HDFC Top 100 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/income by investing predominantly in Large-Cap companies. There is no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

ICICI Bank Ltd

9.75%

HDFC Bank Ltd

7.55%

Reliance Industries Ltd

7.17%

Larsen & Toubro Ltd

5.89%

NTPC Ltd

5.67%

Infosys Ltd

4.90%

Bharti Airtel Ltd

4.53%

ITC Ltd

4.20%

Axis Bank Ltd

3.79%

Coal India Ltd

3.70%

Fund Managers

  1. Rahul Baijal (Jul 2022 - Present)
  2. Dhruv Muchhal (Jun 2023 - Present)

Key Information

View Scheme Document

HDFC Top 100 Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on HDFC Top 100 Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in HDFC Top 100 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 Top 100 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

Frequently Asked Questions