NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Kotak MNC Fund Growth for NRI [10.25]

Min Investment

100

Fund Size

2,410.01 Cr

Expense Ratio

2.0%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

10.25

0.13%

NAV as on 18 Dec 24, 12:00 AM

very high risk

equity other

equity

NAV as on 18 Dec 24, 12:00 AM

very high risk

equity other

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

2.03%p.a.

Since Inception

About Kotak MNC Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Kotak MNC Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Oct 2024, Kotak MNC Fund Growth is Equity - Other fund of its category with 2,410.01 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Kotak MNC Fund Growth delivered 0.0% annual returns during the last year. It has delivered 2.0% average annual returns since the fund was launched.
  • Kotak MNC Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

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 multi-national companies (MNC).

Top 10 Holdings

Hindustan Unilever Ltd

0.46%

Maruti Suzuki India Ltd

0.44%

Britannia Industries Ltd

0.37%

Siemens Ltd

0.22%

Nestle India Ltd

0.22%

Oracle Financial Services Software Ltd

0.20%

United Spirits Ltd

0.17%

Tata Chemicals Ltd

0.15%

Tech Mahindra Ltd

0.15%

Infosys Ltd

0.15%

Fund Managers

  1. Harsha Upadhyaya (Oct 2024 - Present)
  2. Abhishek Bisen (Oct 2024 - Present)
  3. Dhananjay Tikariha (Oct 2024 - Present)

Key Information

View Scheme Document

Kotak MNC Fund Growth SIP Calculator

If invested

5,000

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

NRI Mutual Fund Tax on Kotak MNC Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Kotak MNC Fund 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 MNC Fund 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

Frequently Asked Questions