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
₹20.68
-5.77%
NAV as on 16 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 16 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
23.64%p.a.
Last 1Y
20.68%p.a.
Last 3Y
18.02%p.a.
Last 5Y
18.88%p.a.
Since Inception
About ITI ELSS Tax Saver Fund Payout Inc Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the ITI ELSS Tax Saver Fund Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl is ELSS (Tax Savings) fund of its category with 398.64 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- ITI ELSS Tax Saver Fund Payout Inc Dist cum Cap Wdrl delivered 23.6% annual returns during the last year. It has delivered 18.9% average annual returns since the fund was launched.
- ITI ELSS Tax Saver Fund Payout Inc Dist cum Cap Wdrl 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
HDFC Bank Ltd
7.27%
InterGlobe Aviation Ltd
4.21%
Axis Bank Ltd
3.21%
Aditya Birla Real Estate Ltd
3.20%
Zomato Ltd
3.05%
Trent Ltd
3.01%
ITC Ltd
2.99%
TVS Motor Co Ltd
2.64%
State Bank of India
2.60%
ICICI Bank Ltd
2.53%
Fund Managers
- Dhimant Shah (Dec 2022 - Present)
- Alok Ranjan (Nov 2024 - Present)
- Vishal Jajoo (May 2023 - Present)
Key Information
View Scheme Document
ITI ELSS Tax Saver Fund Payout Inc Dist cum Cap Wdrl SIP Calculator
If invested
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For a period of
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This Fund
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NRI Mutual Fund Tax on ITI ELSS Tax Saver Fund Payout Inc Dist cum Cap Wdrl
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 Payout Inc Dist cum Cap Wdrl?
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 Payout Inc Dist cum Cap Wdrl
- 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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12.1%
Axis ELSS Tax Saver Fund Pyt of Inc Dis cum Cap Wdrl
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Axis ELSS Tax Saver Fund Growth
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Frequently Asked Questions
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