NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Invesco India Multicap Fund Growth for NRI [127.15]

Min Investment

1,000

Fund Size

3,810.28 Cr

Expense Ratio

1.9%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

127.15

0.51%

NAV as on 17 Nov 24, 12:00 AM

very high risk

multi cap

equity

NAV as on 17 Nov 24, 12:00 AM

very high risk

multi cap

equity

33.11%p.a.

Last 1Y

14.90%p.a.

Last 3Y

21.89%p.a.

Last 5Y

16.78%p.a.

Since Inception

About Invesco India Multicap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Invesco India Multicap Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Mar 2008, Invesco India Multicap Fund Growth is Multi-Cap fund of its category with 3,810.28 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.

  • Invesco India Multicap Fund Growth delivered 33.1% annual returns during the last year. It has delivered 16.8% average annual returns since the fund was launched.
  • Invesco India Multicap 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

To generate capital appreciation by investing predominantly in Equity and Equity Related Instruments across market capitalization.

Top 10 Holdings

ICICI Bank Ltd

5.17%

Infosys Ltd

4.59%

Trent Ltd

2.97%

Cholamandalam Investment and Finance Co Ltd

2.15%

Coforge Ltd

2.07%

KPIT Technologies Ltd

2.06%

Tata Consumer Products Ltd

2.03%

Jyoti CNC Automation Ltd

2.01%

Mrs Bectors Food Specialities Ltd Ordinary Shares

1.99%

Dixon Technologies (India) Ltd

1.97%

Fund Managers

  1. Amit Nigam (Sep 2020 - Present)
  2. Dhimant Kothari (Dec 2023 - Present)

Key Information

View Scheme Document

Invesco India Multicap Fund Growth SIP Calculator

If invested

5,000

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 Multicap Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Invesco India Multicap 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 Invesco India Multicap 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

Frequently Asked Questions