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
₹18.49
-2.78%
NAV as on 13 Nov 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 13 Nov 24, 12:00 AM
very high risk
mid cap
equity
39.23%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
41.12%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the JM Midcap Fund Growth scheme from JM Financial Asset Management Limited. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Nov 2022, JM Midcap Fund Growth is Mid-Cap fund of its category with 1,747.31 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
To provide long-term capital appreciation/income by investing predominantly in Mid-Cap companies.
Ipca Laboratories Ltd
3.57%
Max Healthcare Institute Ltd Ordinary Shares
3.12%
Tata Technologies Ltd
2.89%
Glenmark Pharmaceuticals Ltd
2.64%
Amber Enterprises India Ltd Ordinary Shares
2.56%
Biocon Ltd
2.56%
Fortis Healthcare Ltd
2.56%
Berger Paints India Ltd
2.54%
JSW Infrastructure Ltd
2.52%
The Federal Bank Ltd
2.48%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
23.8%
very high risk | equity
20.2%
very high risk | equity
20.0%