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
₹100.32
0.48%
NAV as on 16 Nov 24, 12:00 AM
very high risk
flexi cap
equity
NAV as on 16 Nov 24, 12:00 AM
very high risk
flexi cap
equity
42.92%p.a.
Last 1Y
22.88%p.a.
Last 3Y
23.43%p.a.
Last 5Y
15.68%p.a.
Since Inception
About JM Flexicap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the JM Flexicap Fund Growth scheme from JM Financial Asset Management Limited. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Sep 2008, JM Flexicap Fund Growth is Flexi Cap fund of its category with 4,531.48 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.
- JM Flexicap Fund Growth delivered 42.9% annual returns during the last year. It has delivered 15.7% average annual returns since the fund was launched.
- JM Flexicap 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
JM Flexicap Fund is an open-ended diversified equity fund which aims to provide capital appreciation by investing primarily in equity and equity related securities of various market capitalisation. There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns.
Top 10 Holdings
HDFC Bank Ltd
6.21%
ICICI Bank Ltd
5.26%
State Bank of India
4.04%
Infosys Ltd
3.90%
Larsen & Toubro Ltd
2.88%
Bharti Airtel Ltd
2.83%
Dr Reddy's Laboratories Ltd
2.73%
ITC Ltd
2.54%
CESC Ltd
2.29%
Biocon Ltd
2.21%
Fund Managers
- Satish Ramanathan (Aug 2021 - Present)
- Asit Bhandarkar (Oct 2024 - Present)
- Chaitanya Choksi (Dec 2021 - Present)
- Ruchi Fozdar (Oct 2024 - Present)
Key Information
View Scheme Document
JM Flexicap 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 JM Flexicap 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 JM Flexicap 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 JM Flexicap 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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