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
₹18.82
0.04%
NAV as on 14 May 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 14 May 24, 12:00 AM
very high risk
focused fund
equity
18.95%p.a.
Last 1Y
15.26%p.a.
Last 3Y
14.63%p.a.
Last 5Y
10.46%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the LIC MF Focused 30 Equity Fund Growth scheme from LIC Mutual Fund Asset Management Limited. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Nov 2017, LIC MF Focused 30 Equity Fund Growth is Focused Fund fund of its category with 132.03 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
The investment objective of the Scheme is to provide long term capital appreciation by investing in concentrated portfolio of large cap focused equity and equity related instruments of up to 30 companies and balance in debt and money market instruments. However there can be no assurance that the investment objective of the Scheme will be realized.
ITC Ltd
8.09%
Kotak Mahindra Bank Ltd
7.93%
Hindustan Unilever Ltd
7.90%
HDFC Bank Ltd
7.87%
Tech Mahindra Ltd
5.32%
Divi's Laboratories Ltd
4.35%
EIH Ltd
4.20%
Varun Beverages Ltd
3.97%
Samvardhana Motherson International Ltd
3.94%
State Bank of India
3.68%
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 | equity
16.4%
very high risk | equity
9.0%
very high risk | equity
22.0%