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
₹6462.74
-2.19%
NAV as on 17 Nov 24, 12:00 AM
high risk
sector precious metals
equity
NAV as on 17 Nov 24, 12:00 AM
high risk
sector precious metals
equity
20.20%p.a.
Last 1Y
13.07%p.a.
Last 3Y
13.23%p.a.
Last 5Y
10.24%p.a.
Since Inception
About Invesco India Gold ETF for NRIs
NRIs can achieve long-term capital appreciation by investing in the Invesco India Gold ETF scheme from Invesco Asset Management (India) Private Ltd. It is a Sector - Precious Metals mutual fund scheme that predominantly invests in Sector - Precious Metals stocks of companies. Launched on Mar 2010, Invesco India Gold ETF is Sector - Precious Metals fund of its category with 140.88 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.
- Invesco India Gold ETF delivered 20.2% annual returns during the last year. It has delivered 10.2% average annual returns since the fund was launched.
- Invesco India Gold ETF scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To provide returns that closely corresponds to returns provided by Invesco India Gold Exchange Traded Fund.
Top 1 Holdings
Gold .995 1kg Bar
98.52%
Fund Managers
- Herin Shah (Aug 2024 - Present)
Key Information
View Scheme Document
Invesco India Gold ETF 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 Invesco India Gold ETF
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 Invesco India Gold ETF?
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 Invesco India Gold ETF
- 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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