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
₹16.50
-0.96%
NAV as on 06 Oct 24, 12:00 AM
very high risk
index funds
equity
NAV as on 06 Oct 24, 12:00 AM
very high risk
index funds
equity
38.82%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
30.55%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Nifty50 Equal Weight 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 Oct 2022, ICICI Prudential Nifty50 Equal Weight Index Fund Growth is Index Funds fund of its category with 85.22 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
The objective of the Scheme is to invest in companies whose securities are included in Nifty50 Equal Weight Index and subject to tracking errors, to endeavor to achieve the returns of the above index. This would be done by investing in all the stocks comprising the Nifty50 Equal Weight Index in the same weightage that they represent in Nifty50 Equal Weight Index.
SBI Life Insurance Co Ltd
2.33%
Infosys Ltd
2.32%
HDFC Life Insurance Co Ltd
2.30%
Oil & Natural Gas Corp Ltd
2.28%
HCL Technologies Ltd
2.23%
Sun Pharmaceuticals Industries Ltd
2.23%
Bharat Petroleum Corp Ltd
2.22%
LTIMindtree Ltd
2.21%
ITC Ltd
2.18%
Tata Consultancy Services Ltd
2.18%
View Scheme Document
If invested
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
13.2%
very high risk | equity
13.1%
very high risk | equity
13.1%