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
₹22.27
1.29%
NAV as on 10 Jul 26, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 10 Jul 26, 12:00 AM
very high risk
elss (tax savings)
elss
2.86%p.a.
Last 1Y
17.51%p.a.
Last 3Y
12.20%p.a.
Last 5Y
14.88%p.a.
Since Inception
About ITI ELSS Tax Saver Fund -IDCW for NRIs
NRIs can achieve long-term capital appreciation by investing in the ITI ELSS Tax Saver Fund -IDCW scheme from ITI Asset Management Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Oct 2019, ITI ELSS Tax Saver Fund -IDCW is ELSS (Tax Savings) fund of its category with 427.11 Cr fund under management as on Jul 2026. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- ITI ELSS Tax Saver Fund -IDCW delivered 2.9% annual returns during the last year. It has delivered 14.9% average annual returns since the fund was launched.
- ITI ELSS Tax Saver Fund -IDCW scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
To provide long-term capital appreciation by investing predominantly in equity and equity related securities. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Top 10 Holdings
Net Receivables
0.79%
ITC Hotels Ltd
0.97%
Bharti Airtel Ltd PPE
1.77%
Standard Glass Lining Technology Ltd.
1.30%
Ajax Engineering Ltd.
0.54%
Siemens Energy India Ltd
0.24%
Anant Raj Ltd
0.75%
Arvind Ltd
0.72%
Axis Bank Ltd
2.94%
Bajaj Finance Ltd
2.51%
Fund Managers
- Dhimant Shah (Dec 2022 - Present)
- Alok Ranjan (Nov 2024 - Present)
Key Information
View Scheme Document
ITI ELSS Tax Saver Fund -IDCW 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
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on ITI ELSS Tax Saver Fund -IDCW
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 ITI ELSS Tax Saver Fund -IDCW?
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 ITI ELSS Tax Saver Fund -IDCW
- 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
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