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
₹141.79
-0.06%
NAV as on 30 Apr 24, 12:00 AM
very high risk
fund of funds
fof
NAV as on 30 Apr 24, 12:00 AM
very high risk
fund of funds
fof
35.33%p.a.
Last 1Y
19.88%p.a.
Last 3Y
16.26%p.a.
Last 5Y
13.86%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Passive Strategy Fund(FOF) Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Dec 2003, ICICI Prudential Passive Strategy Fund(FOF) Growth is Fund of Funds fund of its category with 155.75 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
The primary objective of the Scheme is to generate capital appreciation primarily from a portfolio that is invested in Exchange Traded Funds. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
ICICI Pru Nifty Bank ETF
14.98%
ICICI Pru Nifty Private Banks ETF
14.02%
ICICI Prudential Nifty Infra ETF
13.91%
ICICI Pru Nifty Healthcare ETF
13.00%
ICICI Pru Nifty IT ETF
10.29%
ICICI Pru Nifty India Consumption ETF
9.96%
ICICI Pru Nifty FMCG ETF
8.17%
CPSE ETF
5.69%
ICICI Pru Nifty Financial Svcs Ex-Bk ETF
5.68%
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 | fof
21.1%
very high risk | equity
0.0%
very high risk | equity
17.2%