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
₹14.23
0.19%
NAV as on 17 Nov 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
focused fund
equity
31.76%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
33.26%p.a.
Since Inception
About ITI Focused Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ITI Focused Equity Fund Growth scheme from ITI Asset Management Limited. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Jun 2023, ITI Focused Equity Fund Growth is Focused Fund fund of its category with 514.24 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- ITI Focused Equity Fund Growth delivered 31.8% annual returns during the last year. It has delivered 33.3% average annual returns since the fund was launched.
- ITI Focused Equity 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
The investment objective of the scheme is to seek to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of upto 30 companies across market capitalization. However, there can be no assurance that the investment objective of the scheme would be achieved
Top 10 Holdings
HDFC Bank Ltd
5.65%
ICICI Bank Ltd
5.25%
Multi Commodity Exchange of India Ltd
5.19%
Reliance Industries Ltd
4.56%
Sun Pharmaceuticals Industries Ltd
4.06%
ITC Ltd
3.90%
Larsen & Toubro Ltd
3.52%
Wockhardt Ltd
3.51%
Oracle Financial Services Software Ltd
3.46%
Siemens Ltd
3.35%
Fund Managers
- Dhimant Shah (Jun 2023 - Present)
- Rohan Korde (Jun 2023 - Present)
Key Information
View Scheme Document
ITI Focused Equity Fund Growth SIP Calculator
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Fixed Deposit
NRI Mutual Fund Tax on ITI Focused Equity 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 ITI Focused Equity 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 ITI Focused Equity 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
Similar Funds
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3Y Return
SBI Focused Equity Fund Growth
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7.7%
HDFC Focused 30 Fund Growth
very high risk | equity
22.0%
Axis Focused Fund Growth
very high risk | equity
2.1%
Frequently Asked Questions
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