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
₹30.44
0.61%
NAV as on 02 Dec 24, 12:00 AM
very high risk
index funds
equity
NAV as on 02 Dec 24, 12:00 AM
very high risk
index funds
equity
46.15%p.a.
Last 1Y
18.53%p.a.
Last 3Y
0.00%p.a.
Last 5Y
26.56%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the HSBC Nifty Next 50 Index Fund Growth scheme from HSBC Asset Management (India) Private Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Apr 2020, HSBC Nifty Next 50 Index Fund Growth is Index Funds fund of its category with 130.33 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty Next 50 index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty Next 50 index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/ loss plus dividend payments by the constituent stocks. There is no assurance that the investment objective of the Scheme will be realized.
Hindustan Aeronautics Ltd Ordinary Shares
4.33%
Vedanta Ltd
4.22%
Divi's Laboratories Ltd
4.01%
Tata Power Co Ltd
3.99%
InterGlobe Aviation Ltd
3.76%
Power Finance Corp Ltd
3.55%
REC Ltd
3.50%
Siemens Ltd
3.31%
TVS Motor Co Ltd
3.14%
Info Edge (India) Ltd
3.11%
View Scheme Document
If invested
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
12.7%
very high risk | equity
12.6%
very high risk | equity
12.6%