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

INVEST VIA NRE/NRO

Kotak Quant Fund Growth for NRI [15.01]

Min Investment

5,000

Fund Size

912.15 Cr

Expense Ratio

1.3%

Exit Load

0.5%

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

15.01

-1.70%

NAV as on 11 Nov 24, 12:00 AM

very high risk

equity other

equity

NAV as on 11 Nov 24, 12:00 AM

very high risk

equity other

equity

38.20%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

39.54%p.a.

Since Inception

About Kotak Quant Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Kotak Quant 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 Aug 2023, Kotak Quant Fund Growth is Equity - Other fund of its category with 912.15 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Kotak Quant Fund Growth delivered 38.2% annual returns during the last year. It has delivered 39.5% average annual returns since the fund was launched.
  • Kotak Quant 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 scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities selected based on quant model theme. However, there is no assurance that the objective of the scheme will be achieved.

Top 10 Holdings

Bharti Airtel Ltd

3.60%

Sun Pharmaceuticals Industries Ltd

3.54%

Bosch Ltd

3.53%

Bajaj Auto Ltd

3.37%

Grasim Industries Ltd

3.24%

Colgate-Palmolive (India) Ltd

3.22%

Havells India Ltd

2.96%

Escorts Kubota Ltd

2.72%

ICICI Prudential Life Insurance Co Ltd

2.65%

Tata Steel Ltd

2.60%

Fund Managers

  1. Harsha Upadhyaya (Oct 2023 - Present)
  2. Abhishek Bisen (Aug 2023 - Present)
  3. Rohit Tandon (Jan 2024 - Present)

Key Information

View Scheme Document

Kotak Quant 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 Quant 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 Quant 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 Quant 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