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
₹15.01
1.71%
NAV as on 23 Nov 24, 12:00 AM
very high risk
fund of funds
equity
NAV as on 23 Nov 24, 12:00 AM
very high risk
fund of funds
equity
25.51%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
15.82%p.a.
Since Inception
About ICICI Prudential BSE 500 ETF FOF Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential BSE 500 ETF 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 2021, ICICI Prudential BSE 500 ETF FOF Growth is Fund of Funds fund of its category with 121.1 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
- ICICI Prudential BSE 500 ETF FOF Growth delivered 25.5% annual returns during the last year. It has delivered 15.8% average annual returns since the fund was launched.
- ICICI Prudential BSE 500 ETF FOF Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
ICICI Prudential S&P BSE 500 ETF FOF (the Scheme) is a Fund of Funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential S&P BSE 500 ETF. There can be no assurance or guarantee that the investment objectives of the Scheme would be achieved.
Top 1 Holdings
ICICI Prudential BSE 500 ETF
99.94%
Fund Managers
- Nishit Patel (Dec 2021 - Present)
- Priya Sridhar (Feb 2024 - Present)
Key Information
View Scheme Document
ICICI Prudential BSE 500 ETF FOF Growth SIP Calculator
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
NRI Mutual Fund Tax on ICICI Prudential BSE 500 ETF FOF Growth
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 |
How can NRIs invest in ICICI Prudential BSE 500 ETF FOF 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 BSE 500 ETF FOF 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
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Frequently Asked Questions
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