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
₹93.81
-0.33%
NAV as on 07 Nov 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 07 Nov 24, 12:00 AM
very high risk
elss (tax savings)
elss
45.21%p.a.
Last 1Y
17.41%p.a.
Last 3Y
20.29%p.a.
Last 5Y
13.34%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the HSBC Tax Saver Equity Fund Growth scheme from HSBC Asset Management (India) Private Ltd. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Jan 2007, HSBC Tax Saver Equity Fund Growth is ELSS (Tax Savings) fund of its category with 256.46 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 1 year to 3 years. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
ICICI Bank Ltd
6.10%
Infosys Ltd
5.91%
Dixon Technologies (India) Ltd
4.77%
HDFC Bank Ltd
4.61%
Reliance Industries Ltd
4.26%
Multi Commodity Exchange of India Ltd
4.02%
KEI Industries Ltd
3.35%
Prudent Corporate Advisory Services Ltd
3.13%
Larsen & Toubro Ltd
3.05%
PB Fintech Ltd
2.91%
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 | elss
7.5%
very high risk | elss
23.6%
very high risk | elss
14.0%