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

INVEST VIA NRE/NRO

ICICI Prudential Multicap Fund Growth for NRI [757.42]

Min Investment

5,000

Fund Size

14,152.04 Cr

Expense Ratio

1.7%

Exit Load

1%

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

757.42

0.28%

NAV as on 19 Nov 24, 12:00 AM

very high risk

multi cap

equity

NAV as on 19 Nov 24, 12:00 AM

very high risk

multi cap

equity

32.43%p.a.

Last 1Y

18.31%p.a.

Last 3Y

20.81%p.a.

Last 5Y

15.62%p.a.

Since Inception

About ICICI Prudential Multicap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Multicap Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Oct 1994, ICICI Prudential Multicap Fund Growth is Multi-Cap fund of its category with 14,152.04 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.

  • ICICI Prudential Multicap Fund Growth delivered 32.4% annual returns during the last year. It has delivered 15.6% average annual returns since the fund was launched.
  • ICICI Prudential Multicap 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 capital appreciation through investments in equity & equity related instrument across large cap, mid cap and small cap stocks of various industries. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Top 10 Holdings

ICICI Bank Ltd

5.48%

HDFC Bank Ltd

5.20%

Reliance Industries Ltd

3.71%

Axis Bank Ltd

2.73%

Infosys Ltd

2.52%

Sun Pharmaceuticals Industries Ltd

2.12%

Maruti Suzuki India Ltd

1.83%

Larsen & Toubro Ltd

1.66%

State Bank of India

1.56%

NTPC Ltd

1.56%

Fund Managers

  1. Sankaran Naren (Jul 2022 - Present)
  2. Anand Sharma (Jul 2022 - Present)
  3. Sharmila D’mello (Jul 2022 - Present)

Key Information

View Scheme Document

ICICI Prudential Multicap Fund Growth 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 Multicap Fund Growth

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 Multicap 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 Multicap 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

Frequently Asked Questions