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
₹404.32
0.78%
NAV as on 29 Apr 24, 12:00 AM
very high risk
value
equity
NAV as on 29 Apr 24, 12:00 AM
very high risk
value
equity
43.23%p.a.
Last 1Y
26.93%p.a.
Last 3Y
22.53%p.a.
Last 5Y
20.60%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the ICICI Prudential Value Discovery Fund Growth scheme from ICICI Prudential Asset Management Company Limited. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Aug 2004, ICICI Prudential Value Discovery Fund Growth is Value fund of its category with 41,281.57 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Value funds.
To generate returns through a combination of dividend income and capital appreciation by investing primarily in a well-diversified portfolio of value stocks. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
HDFC Bank Ltd
8.83%
Reliance Industries Ltd
7.28%
ICICI Bank Ltd
7.07%
Sun Pharmaceuticals Industries Ltd
6.09%
Bharti Airtel Ltd
5.94%
Infosys Ltd
5.85%
NTPC Ltd
4.03%
ITC Ltd
3.78%
Oil & Natural Gas Corp Ltd
3.31%
Tata Motors Ltd Class A
2.06%
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
27.9%
very high risk | equity
19.7%
very high risk | equity
25.2%