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
₹742.31
2.03%
NAV as on 23 Nov 24, 12:00 AM
very high risk
large cap
equity
NAV as on 23 Nov 24, 12:00 AM
very high risk
large cap
equity
27.10%p.a.
Last 1Y
13.31%p.a.
Last 3Y
17.31%p.a.
Last 5Y
18.17%p.a.
Since Inception
About Kotak Bluechip Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Bluechip Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Dec 1998, Kotak Bluechip Growth is Large-Cap fund of its category with 9,327.21 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.
- Kotak Bluechip Growth delivered 27.1% annual returns during the last year. It has delivered 18.2% average annual returns since the fund was launched.
- Kotak Bluechip Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To generate capital appreciation from a portfolio of predominantly equity and equity related securities falling under the category of large Cap companies. There is no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
HDFC Bank Ltd
7.20%
ICICI Bank Ltd
6.30%
Reliance Industries Ltd
5.13%
Infosys Ltd
5.08%
Larsen & Toubro Ltd
3.88%
Bharti Airtel Ltd
3.23%
ITC Ltd
3.20%
Mahindra & Mahindra Ltd
3.18%
Axis Bank Ltd
3.14%
NTPC Ltd
2.76%
Fund Managers
- Rohit Tandon (Jan 2024 - Present)
Key Information
View Scheme Document
Kotak Bluechip Growth SIP Calculator
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NRI Mutual Fund Tax on Kotak Bluechip 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 Kotak Bluechip 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 Kotak Bluechip 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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