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
₹15.52
0.00%
NAV as on 26 Oct 23, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 26 Oct 23, 12:00 AM
low risk
arbitrage fund
equity
5.09%p.a.
Last 1Y
3.18%p.a.
Last 3Y
3.78%p.a.
Last 5Y
5.10%p.a.
Since Inception
About Groww Arbitrage Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Groww Arbitrage Fund Plan Growth scheme from Groww Asset Management Ltd.. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Dec 2014, Groww Arbitrage Fund Plan Growth is Arbitrage Fund fund of its category with 2.49 Cr fund under management as on Oct 2023. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
- Groww Arbitrage Fund Plan Growth delivered 5.1% annual returns during the last year. It has delivered 5.1% average annual returns since the fund was launched.
- Groww Arbitrage Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To generate income by predominantly investing in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.
Top 10 Holdings
Future on Oberoi Realty Ltd
9.54%
Oberoi Realty Ltd
9.51%
Future on Axis Bank Ltd
7.51%
Axis Bank Ltd
7.48%
Future on Reliance Industries Ltd
7.08%
Reliance Industries Ltd
7.07%
Hdfc Bank Limited 26/10/2023
6.78%
HDFC Bank Ltd
6.78%
Future on Can Fin Homes Ltd
5.85%
Can Fin Homes Ltd
5.84%
Fund Managers
- Anupam Tiwari (May 2023 - Present)
- Karan Singh (May 2020 - Present)
- Kaustubh Sule (May 2023 - Present)
Key Information
View Scheme Document
Groww Arbitrage Fund Plan Growth SIP Calculator
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
NRI Mutual Fund Tax on Groww Arbitrage Fund Plan 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 Groww Arbitrage Fund Plan 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 Groww Arbitrage Fund Plan 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
Funds
3Y Return
Kotak Equity Arbitrage Fund Growth
low risk | equity
5.8%
SBI Arbitrage Opportunities Fund Growth
low risk | equity
5.8%
ICICI Prudential Equity Arbitrage Fund Growth
low risk | equity
5.5%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved