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

INVEST VIA NRE/NRO

ICICI Prudential Nifty Smallcap 250 Index Fund Growth for NRI [18.22]

Min Investment

100

Fund Size

438.05 Cr

Expense Ratio

0.9%

Exit Load

0%

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

18.22

0.31%

NAV as on 18 Dec 24, 12:00 AM

very high risk

index funds

equity

NAV as on 18 Dec 24, 12:00 AM

very high risk

index funds

equity

27.29%p.a.

Last 1Y

22.44%p.a.

Last 3Y

0.00%p.a.

Last 5Y

20.67%p.a.

Since Inception

About ICICI Prudential Nifty Smallcap 250 Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Nifty Smallcap 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 Nov 2021, ICICI Prudential Nifty Smallcap 250 Index Fund Growth is Index Funds fund of its category with 438.05 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • ICICI Prudential Nifty Smallcap 250 Index Fund Growth delivered 27.3% annual returns during the last year. It has delivered 20.7% average annual returns since the fund was launched.
  • ICICI Prudential Nifty Smallcap 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 primary objective of the Scheme is to seek to generate capital appreciation by predominantly investing in equity and equity related securities of small cap stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Top 10 Holdings

Multi Commodity Exchange of India Ltd

1.73%

Central Depository Services (India) Ltd

1.43%

Glenmark Pharmaceuticals Ltd

1.33%

Crompton Greaves Consumer Electricals Ltd

1.31%

Blue Star Ltd

1.26%

Computer Age Management Services Ltd Ordinary Shares

1.11%

National Aluminium Co Ltd

1.06%

Laurus Labs Ltd

1.01%

Radico Khaitan Ltd

0.97%

Karur Vysya Bank Ltd

0.92%

Fund Managers

  1. Nishit Patel (Nov 2021 - Present)
  2. Priya Sridhar (Feb 2024 - Present)
  3. Ajaykumar Solanki (Feb 2024 - Present)

Key Information

View Scheme Document

ICICI Prudential Nifty Smallcap 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 Smallcap 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 Smallcap 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 Smallcap 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