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
₹50.77
0.11%
NAV as on 09 Dec 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 09 Dec 24, 12:00 AM
very high risk
elss (tax savings)
elss
38.74%p.a.
Last 1Y
20.46%p.a.
Last 3Y
23.15%p.a.
Last 5Y
10.02%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the JM Tax Gain Fund - Growth scheme from JM Financial Asset Management Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Mar 2008, JM Tax Gain Fund - Growth is ELSS (Tax Savings) fund of its category with 180.91 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
The investment objective is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities and to enable investors a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time. However, there can be no assurance that the investment objectives of the Scheme will be realized. The Scheme does not guarantee/indicate any returns.
HDFC Bank Ltd
5.29%
Infosys Ltd
4.80%
ICICI Bank Ltd
4.00%
Larsen & Toubro Ltd
3.35%
State Bank of India
2.85%
Bharti Airtel Ltd
2.74%
Newgen Software Technologies Ltd
2.25%
Bajaj Auto Ltd
2.20%
SBI Life Insurance Co Ltd
2.06%
Hindalco Industries Ltd
2.05%
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 | elss
8.7%
very high risk | elss
25.2%
very high risk | elss
15.7%