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
₹128.23
1.16%
NAV as on 19 Nov 24, 12:00 AM
very high risk
multi cap
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
multi cap
equity
32.29%p.a.
Last 1Y
16.24%p.a.
Last 3Y
21.83%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 32.3% 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
- Amit Nigam (Sep 2020 - Present)
- Dhimant Kothari (Dec 2023 - Present)
Key Information
View Scheme Document
Invesco India Multicap Fund 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 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 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 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
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Frequently Asked Questions
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