NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

JM Large Cap Fund Growth for NRI [161.47]

Min Investment

1,000

Fund Size

456.66 Cr

Expense Ratio

2.4%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

161.47

-0.11%

NAV as on 09 Dec 24, 12:00 AM

very high risk

large cap

equity

NAV as on 09 Dec 24, 12:00 AM

very high risk

large cap

equity

27.42%p.a.

Last 1Y

17.46%p.a.

Last 3Y

19.00%p.a.

Last 5Y

9.74%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 456.66 Cr fund under management as on Dec 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 27.4% annual returns during the last year. It has delivered 9.7% 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

  1. Satish Ramanathan (Aug 2021 - Present)
  2. Asit Bhandarkar (Oct 2017 - Present)
  3. Chaitanya Choksi (Oct 2024 - Present)
  4. Ruchi Fozdar (Oct 2024 - Present)

Key Information

View Scheme Document

JM Large Cap Fund Growth SIP Calculator

If invested

5,000

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 Large Cap Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions