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
₹27.19
0.47%
NAV as on 01 May 24, 12:00 AM
very high risk
small cap
equity
NAV as on 01 May 24, 12:00 AM
very high risk
small cap
equity
49.25%p.a.
Last 1Y
27.73%p.a.
Last 3Y
23.83%p.a.
Last 5Y
15.70%p.a.
Since Inception
About LIC MF Small Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the LIC MF Small Cap Fund Growth scheme from LIC Mutual Fund Asset Management Limited. It is a Small-Cap mutual fund scheme that predominantly invests in Small-Cap stocks of companies. Launched on Jun 2017, LIC MF Small Cap Fund Growth is Small-Cap fund of its category with 208.67 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Small-Cap funds.
- LIC MF Small Cap Fund Growth delivered 49.3% annual returns during the last year. It has delivered 15.7% average annual returns since the fund was launched.
- LIC MF Small Cap 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
The Investment objective of the Scheme is to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small Cap companies. However there can be no assurance that the investment objective under the Scheme will be realized.
Top 10 Holdings
Garware Hi-Tech Films Ltd
5.17%
Kirloskar Oil Engines Ltd
3.67%
KEI Industries Ltd
3.49%
BSE Ltd
3.43%
Kennametal India Ltd
3.10%
Texmaco Rail & Engineering Ltd
2.79%
Bharat Bijlee Ltd
2.75%
Blue Star Ltd
2.70%
Lemon Tree Hotels Ltd
2.55%
KSB Ltd
2.52%
Fund Managers
- Yogesh Patil (Jul 2023 - Present)
- Dikshit Mittal (Jul 2023 - Present)
Key Information
View Scheme Document
LIC MF Small Cap Fund Growth SIP Calculator
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NRI Mutual Fund Tax on LIC MF Small Cap 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 LIC MF Small Cap 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 LIC MF Small Cap 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
Similar Funds
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3Y Return
Nippon India Small Cap Fund - Growth
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35.4%
HDFC Small Cap Fund Growth
very high risk | equity
31.9%
SBI Small Cap Fund Plan Growth
very high risk | equity
24.8%
Frequently Asked Questions
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