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
₹25.69
2.54%
NAV as on 23 Nov 24, 12:00 AM
very high risk
index funds
equity
NAV as on 23 Nov 24, 12:00 AM
very high risk
index funds
equity
20.95%p.a.
Last 1Y
11.60%p.a.
Last 3Y
15.39%p.a.
Last 5Y
14.24%p.a.
Since Inception
About ICICI Prudential BSE Sensex Index Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential BSE Sensex 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 Sep 2017, ICICI Prudential BSE Sensex Index Fund Growth is Index Funds fund of its category with 1,711.22 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
- ICICI Prudential BSE Sensex Index Fund Growth delivered 20.9% annual returns during the last year. It has delivered 14.2% average annual returns since the fund was launched.
- ICICI Prudential BSE Sensex 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
An open-ended index linked growth scheme seeking to track the returns of S&P BSE SENSEX TRI through investments in a basket of stocks drawn from the constituents of the above index. The objective of the Scheme is to invest in companies whose securities are included in S&P BSE SENSEX TRI and subject to tracking errors, to endeavor to achieve the returns of the above index as closely as possible. This would be done by investing in all the stocks comprising the S&P BSE SENSEX TRI in approximately the same weightage that they represent in S&P BSE SENSEX TRI. The Scheme will not seek to outperform the S&P BSE SENSEX TRI or to underperform it. The objective is that the performance of the NAV of the Scheme should closely track the performance of the S&P BSE SENSEX TRI over the same period. However, there can be no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
14.29%
ICICI Bank Ltd
9.93%
Reliance Industries Ltd
9.85%
Infosys Ltd
6.93%
ITC Ltd
4.94%
Bharti Airtel Ltd
4.71%
Larsen & Toubro Ltd
4.63%
Tata Consultancy Services Ltd
4.39%
Axis Bank Ltd
3.60%
State Bank of India
3.44%
Fund Managers
- Nishit Patel (Jan 2021 - Present)
- Priya Sridhar (Feb 2024 - Present)
- Ajaykumar Solanki (Feb 2024 - Present)
Key Information
View Scheme Document
ICICI Prudential BSE Sensex Index Fund Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on ICICI Prudential BSE Sensex Index Fund 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 Sensex 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 BSE Sensex 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
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Frequently Asked Questions
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