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
₹37.99
0.37%
NAV as on 29 Jul 23, 12:00 AM
very high risk
flexi cap
equity
NAV as on 29 Jul 23, 12:00 AM
very high risk
flexi cap
equity
13.54%p.a.
Last 1Y
22.73%p.a.
Last 3Y
12.03%p.a.
Last 5Y
15.33%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the IDBI Flexi Cap Fund Growth scheme from IDBI Asset Management Limited. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Mar 2014, IDBI Flexi Cap Fund Growth is Flexi Cap fund of its category with 382.5 Cr fund under management as on Jul 2023. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.
The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing in a diversified portfolio of Equity and Equity related Instruments across market capitalization. However there can be no assurance that the investment objective under the Scheme will be realized.
HDFC Bank Ltd
7.71%
ICICI Bank Ltd
5.64%
Infosys Ltd
4.98%
ABB India Ltd
4.93%
Grindwell Norton Ltd Shs Dematerialised
4.56%
Reliance Industries Ltd
4.09%
Axis Bank Ltd
3.88%
Bajaj Finance Ltd
3.72%
SKF India Ltd Shs Dematerialised
3.69%
SRF Ltd Shs Dematerialised
3.32%
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
21.3%
very high risk | equity
27.7%
very high risk | equity
18.4%