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
₹362.31
0.07%
NAV as on 19 Nov 24, 12:00 AM
very high risk
aggressive allocation
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
aggressive allocation
equity
26.02%p.a.
Last 1Y
17.94%p.a.
Last 3Y
21.42%p.a.
Last 5Y
15.57%p.a.
Since Inception
About ICICI Prudential Equity & Debt Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Equity & Debt Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Nov 1999, ICICI Prudential Equity & Debt Fund Growth is Aggressive Allocation fund of its category with 40,203.38 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.
- ICICI Prudential Equity & Debt Fund Growth delivered 26.0% annual returns during the last year. It has delivered 15.6% average annual returns since the fund was launched.
- ICICI Prudential Equity & Debt 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 generate long term capital appreciation and current income from a portfolio that is invested in equity and equity related securities as well as in fixed income securities. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.
Top 10 Holdings
NTPC Ltd
6.47%
ICICI Bank Ltd
6.29%
HDFC Bank Ltd
5.52%
Maruti Suzuki India Ltd
4.76%
Bharti Airtel Ltd
3.94%
Sun Pharmaceuticals Industries Ltd
3.94%
Oil & Natural Gas Corp Ltd
3.08%
Reliance Industries Ltd
2.82%
TVS Motor Co Ltd
2.48%
Avenue Supermarts Ltd
2.14%
Fund Managers
- Sankaran Naren (Dec 2015 - Present)
- Manish Banthia (Sep 2013 - Present)
- Mittul Kalawadia (Dec 2020 - Present)
- Akhil Kakkar (Jan 2024 - Present)
- Sri Sharma (Apr 2021 - Present)
- Sharmila D’mello (Jul 2022 - Present)
- Nitya Mishra (Nov 2024 - Present)
Key Information
View Scheme Document
ICICI Prudential Equity & Debt Fund Growth SIP Calculator
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NRI Mutual Fund Tax on ICICI Prudential Equity & Debt 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 ICICI Prudential Equity & Debt 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 ICICI Prudential Equity & Debt 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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Frequently Asked Questions
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