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

INVEST VIA NRE/NRO

ICICI Prudential Nifty 200 Momentum 30 Index Fund Growth for NRI [17.79]

Min Investment

5,000

Fund Size

471.41 Cr

Expense Ratio

1.0%

Exit Load

0%

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

17.79

0.72%

NAV as on 19 Nov 24, 12:00 AM

very high risk

index funds

equity

NAV as on 19 Nov 24, 12:00 AM

very high risk

index funds

equity

36.03%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

31.73%p.a.

Since Inception

About ICICI Prudential Nifty 200 Momentum 30 Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Nifty 200 Momentum 30 Index Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Aug 2022, ICICI Prudential Nifty 200 Momentum 30 Index Fund Growth is Index Funds fund of its category with 471.41 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • ICICI Prudential Nifty 200 Momentum 30 Index Fund Growth delivered 36.0% annual returns during the last year. It has delivered 31.7% average annual returns since the fund was launched.
  • ICICI Prudential Nifty 200 Momentum 30 Index 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 objective of the Scheme is to invest in companies whose securities are included in Nifty200 Momentum 30 Index and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the Nifty200 Momentum 30 Index in the same weightage that they represent in Nifty200 Momentum 30 Index. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

Top 10 Holdings

Trent Ltd

6.78%

Bharti Airtel Ltd

5.79%

NTPC Ltd

5.75%

Bajaj Auto Ltd

5.17%

Adani Ports & Special Economic Zone Ltd

4.80%

Mahindra & Mahindra Ltd

4.77%

Bharat Electronics Ltd

4.67%

Siemens Ltd

4.64%

Coal India Ltd

4.51%

Tata Motors Ltd

4.44%

Fund Managers

  1. Nishit Patel (Aug 2022 - Present)
  2. Priya Sridhar (Feb 2024 - Present)

Key Information

View Scheme Document

ICICI Prudential Nifty 200 Momentum 30 Index 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 Nifty 200 Momentum 30 Index 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 Nifty 200 Momentum 30 Index 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 Nifty 200 Momentum 30 Index 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