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
₹39.76
-0.13%
NAV as on 30 Apr 24, 12:00 AM
very high risk
large cap
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
large cap
equity
34.19%p.a.
Last 1Y
17.12%p.a.
Last 3Y
13.20%p.a.
Last 5Y
11.86%p.a.
Since Inception
About Groww Large Cap Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Groww Large Cap Fund Plan Growth scheme from Groww Asset Management Ltd.. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Feb 2012, Groww Large Cap Fund Plan Growth is Large-Cap fund of its category with 117.84 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
- Groww Large Cap Fund Plan Growth delivered 34.2% annual returns during the last year. It has delivered 11.9% average annual returns since the fund was launched.
- Groww Large Cap 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
The primary investment objective of the Scheme is to seek to provide long-term capital appreciation from a portfolio that is invested predominantly in equity and equityrelated securities of blue-chip large-cap companies. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.
Top 10 Holdings
HDFC Bank Ltd
9.12%
ICICI Bank Ltd
9.04%
Larsen & Toubro Ltd
8.90%
Reliance Industries Ltd
5.90%
NTPC Ltd
3.58%
Bharti Airtel Ltd
3.44%
State Bank of India
3.18%
Axis Bank Ltd
3.03%
UltraTech Cement Ltd
2.90%
Zomato Ltd
2.85%
Fund Managers
- Anupam Tiwari (May 2023 - Present)
- Madhu Babu (Nov 2023 - Present)
Key Information
View Scheme Document
Groww Large Cap Fund Plan Growth SIP Calculator
If invested
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For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Groww Large Cap 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 Large Cap 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 Large Cap 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
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Frequently Asked Questions
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