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

INVEST VIA NRE/NRO

Kotak Multicap Fund Growth for NRI [19.59]

Min Investment

100

Fund Size

14,799.29 Cr

Expense Ratio

1.6%

Exit Load

1%

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

19.59

-0.65%

NAV as on 17 Dec 24, 12:00 AM

very high risk

multi cap

equity

NAV as on 17 Dec 24, 12:00 AM

very high risk

multi cap

equity

33.21%p.a.

Last 1Y

27.31%p.a.

Last 3Y

0.00%p.a.

Last 5Y

22.48%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 Dec 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.

  • Kotak Multicap Fund Growth delivered 33.2% annual returns during the last year. It has delivered 22.5% 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

5.46%

Hero MotoCorp Ltd

4.60%

Oracle Financial Services Software Ltd

4.06%

State Bank of India

3.98%

Mphasis Ltd

3.11%

Hindustan Petroleum Corp Ltd

2.83%

Swiggy

2.78%

Zomato Ltd

2.74%

Hindustan Unilever Ltd

2.44%

Power Finance Corp Ltd

2.43%

Fund Managers

  1. Abhishek Bisen (Sep 2021 - Present)
  2. Devender Singhal (Sep 2021 - Present)

Key Information

View Scheme Document

Kotak Multicap 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 Multicap 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 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

Frequently Asked Questions