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

INVEST VIA NRE/NRO

ICICI Prudential Nifty LargeMidcap 250 Index Fund Growth for NRI [10.76]

Min Investment

100

Fund Size

78.84 Cr

Expense Ratio

0.8%

Exit Load

0%

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

10.76

0.61%

NAV as on 29 Apr 24, 12:00 AM

very high risk

index funds

equity

NAV as on 29 Apr 24, 12:00 AM

very high risk

index funds

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

3.39%p.a.

Since Inception

About ICICI Prudential Nifty LargeMidcap 250 Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Nifty LargeMidcap 250 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 Mar 2024, ICICI Prudential Nifty LargeMidcap 250 Index Fund Growth is Index Funds fund of its category with 78.84 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • ICICI Prudential Nifty LargeMidcap 250 Index Fund Growth delivered 0.0% annual returns during the last year. It has delivered 3.4% average annual returns since the fund was launched.
  • ICICI Prudential Nifty LargeMidcap 250 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 Nifty LargeMidcap 250 Index in the same weightage that they represent in the Nifty LargeMidcap 250 Index in order to achieve the returns of the above index, subject to tracking errors. However, there is no assurance or guarantee that the investment objective of the scheme shall be achieved.

Top 10 Holdings

HDFC Bank Ltd

4.41%

Reliance Industries Ltd

4.07%

ICICI Bank Ltd

3.11%

Infosys Ltd

2.17%

Larsen & Toubro Ltd

1.80%

Tata Consultancy Services Ltd

1.59%

ITC Ltd

1.54%

Bharti Airtel Ltd

1.29%

Axis Bank Ltd

1.20%

State Bank of India

1.17%

Fund Managers

  1. Nishit Patel (Mar 2024 - Present)
  2. Priya Sridhar (Mar 2024 - Present)

Key Information

View Scheme Document

ICICI Prudential Nifty LargeMidcap 250 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 LargeMidcap 250 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 LargeMidcap 250 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 LargeMidcap 250 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