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
₹29.96
0.35%
NAV as on 17 Dec 24, 12:00 AM
very high risk
fund of funds
equity
NAV as on 17 Dec 24, 12:00 AM
very high risk
fund of funds
equity
25.61%p.a.
Last 1Y
21.25%p.a.
Last 3Y
0.00%p.a.
Last 5Y
25.91%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential India Equity FOF Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Feb 2020, ICICI Prudential India Equity FOF Growth is Fund of Funds fund of its category with 150.04 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
The primary objective of the Scheme is to generate returns from predominantly investing in one or more mutual fund schemes /ETFs (managed by ICICI Prudential Mutual Fund or any other Mutual Fund (s)) which invest in equity and equity related securities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Invesco India Contra Dir Gr
9.85%
Quantum L/T Equity Value Dir Gr
8.77%
ICICI Pru Pharma Healthcare Diag Dir Gr
8.75%
ICICI Prudential Nifty Infra ETF
8.17%
ICICI Pru Business Cycle Dir Gr
7.85%
ICICI Prudential Energy Opps Dir Gr
7.59%
ICICI Pru Dividend Yield Eq Dir Gr
6.37%
Franklin India Eq Advantage Dir Gr
6.31%
ICICI Pru Technology Dir Gr
5.38%
Nippon India ETF Nifty Bank BeES
4.97%
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 | fof
34.5%
very high risk | fof
18.2%
very high risk | equity
0.0%