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
₹33.29
1.71%
NAV as on 23 Nov 24, 12:00 AM
very high risk
equity other
equity
NAV as on 23 Nov 24, 12:00 AM
very high risk
equity other
equity
37.45%p.a.
Last 1Y
25.50%p.a.
Last 3Y
26.42%p.a.
Last 5Y
22.55%p.a.
Since Inception
About ICICI Prudential Manufacturing Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Manufacturing Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Oct 2018, ICICI Prudential Manufacturing Fund Growth is Equity - Other fund of its category with 6,716.59 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- ICICI Prudential Manufacturing Fund Growth delivered 37.5% annual returns during the last year. It has delivered 22.6% average annual returns since the fund was launched.
- ICICI Prudential Manufacturing 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
The investment objective of the scheme is to generate long term capital appreciation by creating a portfolio that is invested predominantly in equity and equity related securities of companies engaged in manufacturing theme. However there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Top 10 Holdings
UltraTech Cement Ltd
6.19%
Sun Pharmaceuticals Industries Ltd
5.22%
Maruti Suzuki India Ltd
4.53%
Larsen & Toubro Ltd
4.31%
Cummins India Ltd
3.72%
Mahindra & Mahindra Ltd
3.60%
JSW Steel Ltd
3.40%
Hindalco Industries Ltd
3.24%
Bharat Forge Ltd
2.87%
Hindustan Aeronautics Ltd Ordinary Shares
2.84%
Fund Managers
- Anish Tawakley (Oct 2018 - Present)
- Lalit Kumar (Nov 2023 - Present)
- Sharmila D’mello (Jul 2022 - Present)
Key Information
View Scheme Document
ICICI Prudential Manufacturing Fund Growth SIP Calculator
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NRI Mutual Fund Tax on ICICI Prudential Manufacturing 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 Manufacturing 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 Manufacturing 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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