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

INVEST VIA NRE/NRO

ICICI Prudential Bharat Consumption Fund Cumulative for NRI [24.59]

Min Investment

5,000

Fund Size

3,160.63 Cr

Expense Ratio

2.0%

Exit Load

1%

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

24.59

-1.21%

NAV as on 13 Nov 24, 12:00 AM

very high risk

equity consumption

equity

NAV as on 13 Nov 24, 12:00 AM

very high risk

equity consumption

equity

27.48%p.a.

Last 1Y

17.65%p.a.

Last 3Y

18.55%p.a.

Last 5Y

18.27%p.a.

Since Inception

About ICICI Prudential Bharat Consumption Fund Cumulative for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Bharat Consumption Fund Cumulative scheme from ICICI Prudential Asset Management Company Limited. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Apr 2019, ICICI Prudential Bharat Consumption Fund Cumulative is Equity - Consumption fund of its category with 3,160.63 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.

  • ICICI Prudential Bharat Consumption Fund Cumulative delivered 27.5% annual returns during the last year. It has delivered 18.3% average annual returns since the fund was launched.
  • ICICI Prudential Bharat Consumption Fund Cumulative 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 provide capital appreciation by investing predominantly in equity and equity related instruments of sectors that could benefit from growth in consumption and related activities. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Top 10 Holdings

Hindustan Unilever Ltd

7.33%

Maruti Suzuki India Ltd

5.92%

ITC Ltd

5.19%

Nestle India Ltd

4.47%

Mahindra & Mahindra Ltd

4.26%

Zomato Ltd

3.80%

Bharti Airtel Ltd

3.36%

Britannia Industries Ltd

3.03%

TVS Motor Co Ltd

2.84%

Pidilite Industries Ltd

2.81%

Fund Managers

  1. Sankaran Naren (May 2022 - Present)
  2. Priyanka Khandelwal (Jul 2022 - Present)
  3. Sharmila D’mello (Jul 2022 - Present)

Key Information

View Scheme Document

ICICI Prudential Bharat Consumption Fund Cumulative 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 ICICI Prudential Bharat Consumption Fund Cumulative

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 ICICI Prudential Bharat Consumption Fund Cumulative?

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 ICICI Prudential Bharat Consumption Fund Cumulative
  • 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