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
₹13.34
-0.38%
NAV as on 22 Dec 24, 12:00 AM
very high risk
equity consumption
equity
NAV as on 22 Dec 24, 12:00 AM
very high risk
equity consumption
equity
28.26%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
33.75%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Kotak Consumption Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Nov 2023, Kotak Consumption Fund Growth is Equity - Consumption fund of its category with 1,110.54 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in consumption and consumption related activities. However, there is no assurance that the objective of the scheme will be achieved
Bharti Airtel Ltd
9.22%
ITC Ltd
8.57%
Hindustan Unilever Ltd
8.33%
Maruti Suzuki India Ltd
7.01%
Hero MotoCorp Ltd
5.45%
Zomato Ltd
5.09%
Radico Khaitan Ltd
3.94%
Dabur India Ltd
3.78%
Mahindra & Mahindra Ltd
3.57%
Jubilant Pharmova Ltd
3.05%
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 | equity
16.3%
very high risk | equity
0.0%
very high risk | equity
19.3%