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

INVEST VIA NRE/NRO

Kotak Nifty Smallcap 50 Index Fund Growth for NRI [20.60]

Min Investment

100

Fund Size

101.9 Cr

Expense Ratio

0.9%

Exit Load

0%

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

20.60

-1.24%

NAV as on 09 Nov 24, 12:00 AM

very high risk

index funds

equity

NAV as on 09 Nov 24, 12:00 AM

very high risk

index funds

equity

42.62%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

59.66%p.a.

Since Inception

About Kotak Nifty Smallcap 50 Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Kotak Nifty Smallcap 50 Index Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Apr 2023, Kotak Nifty Smallcap 50 Index Fund Growth is Index Funds fund of its category with 101.9 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • Kotak Nifty Smallcap 50 Index Fund Growth delivered 42.6% annual returns during the last year. It has delivered 59.7% average annual returns since the fund was launched.
  • Kotak Nifty Smallcap 50 Index 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 replicate the composition of the Nifty Smallcap 50 Index and to generate returns that are commensurate with the performance of the Nifty Smallcap 50 Index, subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme would be achieved. The scheme does not assure or guarantee any returns

Top 10 Holdings

Multi Commodity Exchange of India Ltd

4.03%

Crompton Greaves Consumer Electricals Ltd

3.74%

Blue Star Ltd

3.73%

Central Depository Services (India) Ltd

3.57%

Glenmark Pharmaceuticals Ltd

3.52%

Computer Age Management Services Ltd Ordinary Shares

2.94%

Brigade Enterprises Ltd

2.73%

National Aluminium Co Ltd

2.63%

Laurus Labs Ltd

2.55%

Amara Raja Energy & Mobility Ltd

2.44%

Fund Managers

  1. Abhishek Bisen (Apr 2023 - Present)
  2. Devender Singhal (Apr 2023 - Present)
  3. Satish Dondapati (Apr 2023 - Present)

Key Information

View Scheme Document

Kotak Nifty Smallcap 50 Index 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 Nifty Smallcap 50 Index 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 Nifty Smallcap 50 Index 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 Nifty Smallcap 50 Index 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