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
₹153.23
0.31%
NAV as on 17 Nov 24, 12:00 AM
very high risk
large cap
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
large cap
equity
30.46%p.a.
Last 1Y
14.22%p.a.
Last 3Y
17.81%p.a.
Last 5Y
9.77%p.a.
Since Inception
About JM Large Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the JM Large Cap Fund Growth scheme from JM Financial Asset Management Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Apr 1995, JM Large Cap Fund Growth is Large-Cap fund of its category with 429.06 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
- JM Large Cap Fund Growth delivered 30.5% annual returns during the last year. It has delivered 9.8% average annual returns since the fund was launched.
- JM Large Cap 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 provide optimum capital growth and appreciation.There can be no assurance that the investment objective of the scheme will be realized. The scheme does not guarantee/ indicate any returns. Investors are required to read all the scheme related information carefully.
Top 10 Holdings
HDFC Bank Ltd
9.10%
ICICI Bank Ltd
7.67%
Infosys Ltd
4.44%
State Bank of India
4.30%
Reliance Industries Ltd
4.29%
ITC Ltd
4.20%
Bharti Airtel Ltd
3.43%
Bajaj Auto Ltd
2.86%
Larsen & Toubro Ltd
2.84%
Siemens Ltd
2.73%
Fund Managers
- Satish Ramanathan (Aug 2021 - Present)
- Asit Bhandarkar (Oct 2017 - Present)
- Chaitanya Choksi (Oct 2024 - Present)
- Ruchi Fozdar (Oct 2024 - Present)
Key Information
View Scheme Document
JM Large Cap Fund Growth SIP Calculator
If invested
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on JM Large Cap 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 Large Cap 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 Large Cap 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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