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
₹13.11
-1.05%
NAV as on 17 Dec 24, 12:00 AM
very high risk
sector technology
equity
NAV as on 17 Dec 24, 12:00 AM
very high risk
sector technology
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
25.53%p.a.
Since Inception
About Kotak Technology Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Technology Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Sector - Technology mutual fund scheme that predominantly invests in Sector - Technology stocks of companies. Launched on Mar 2024, Kotak Technology Fund Growth is Sector - Technology fund of its category with 586.39 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Technology funds.
- Kotak Technology Fund Growth delivered 0.0% annual returns during the last year. It has delivered 25.5% average annual returns since the fund was launched.
- Kotak Technology 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 Technology & technology related sectors.
Top 10 Holdings
Infosys Ltd
21.00%
Bharti Airtel Ltd
12.66%
Tata Consultancy Services Ltd
9.08%
Tech Mahindra Ltd
7.81%
Zomato Ltd
5.46%
HCL Technologies Ltd
4.52%
Mphasis Ltd
3.43%
Wipro Ltd
2.88%
Persistent Systems Ltd
2.83%
Bharti Hexacom Ltd
2.32%
Fund Managers
- Abhishek Bisen (Mar 2024 - Present)
- Shibani Kurian (Mar 2024 - Present)
Key Information
View Scheme Document
Kotak Technology 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 Technology 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 Technology 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 Technology 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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