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
₹681.39
-0.02%
NAV as on 01 May 24, 12:00 AM
very high risk
large cap
equity
NAV as on 01 May 24, 12:00 AM
very high risk
large cap
equity
30.93%p.a.
Last 1Y
17.20%p.a.
Last 3Y
16.34%p.a.
Last 5Y
18.09%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 7,901.4 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
- Kotak Bluechip Growth delivered 30.9% annual returns during the last year. It has delivered 18.1% 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
ICICI Bank Ltd
6.61%
HDFC Bank Ltd
6.60%
Reliance Industries Ltd
5.45%
Larsen & Toubro Ltd
4.54%
Infosys Ltd
4.46%
Maruti Suzuki India Ltd
3.35%
Axis Bank Ltd
3.22%
ITC Ltd
2.93%
Sun Pharmaceuticals Industries Ltd
2.81%
Tata Consultancy Services Ltd
2.77%
Fund Managers
- Arjun Khanna (Apr 2022 - Present)
- 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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ICICI Prudential Bluechip Fund Growth
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22.1%
SBI Bluechip Fund Growth
very high risk | equity
16.6%
Mirae Asset Large Cap Fund Growth
very high risk | equity
14.8%
Frequently Asked Questions
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