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
₹18.51
1.62%
NAV as on 23 Nov 24, 12:00 AM
very high risk
multi cap
equity
NAV as on 23 Nov 24, 12:00 AM
very high risk
multi cap
equity
38.12%p.a.
Last 1Y
23.91%p.a.
Last 3Y
0.00%p.a.
Last 5Y
22.57%p.a.
Since Inception
About Kotak Multicap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Multicap Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Sep 2021, Kotak Multicap Fund Growth is Multi-Cap fund of its category with 14,799.29 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
- Kotak Multicap Fund Growth delivered 38.1% annual returns during the last year. It has delivered 22.6% average annual returns since the fund was launched.
- Kotak Multicap 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 of equity and equity related securities across market capitalization
Top 10 Holdings
Maruti Suzuki India Ltd
5.27%
Hero MotoCorp Ltd
4.75%
State Bank of India
4.16%
Oracle Financial Services Software Ltd
4.04%
Mphasis Ltd
3.22%
Hindustan Petroleum Corp Ltd
3.01%
Hindustan Unilever Ltd
2.64%
Zomato Ltd
2.53%
Power Finance Corp Ltd
2.39%
Infosys Ltd
2.37%
Fund Managers
- Abhishek Bisen (Sep 2021 - Present)
- Devender Singhal (Sep 2021 - Present)
Key Information
View Scheme Document
Kotak Multicap Fund Growth SIP Calculator
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
NRI Mutual Fund Tax on Kotak Multicap Fund 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 Multicap 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 Multicap 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
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Nippon India Multi Cap Fund - Growth
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25.2%
SBI Multicap Fund Growth
very high risk | equity
0.0%
HDFC Multi Cap Fund Growth
very high risk | equity
0.0%
Frequently Asked Questions
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