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
₹20.45
-0.98%
NAV as on 16 Jan 25, 12:00 AM
very high risk
focused fund
equity
NAV as on 16 Jan 25, 12:00 AM
very high risk
focused fund
equity
14.26%p.a.
Last 1Y
10.98%p.a.
Last 3Y
15.04%p.a.
Last 5Y
11.37%p.a.
Since Inception
About LIC MF Focused Fund Reinvestment of Income Distribution cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the LIC MF Focused Fund Reinvestment of Income Distribution cum Cap Wdrl scheme from LIC Mutual Fund Asset Management Limited. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Nov 2017, LIC MF Focused Fund Reinvestment of Income Distribution cum Cap Wdrl is Focused Fund fund of its category with 143.09 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- LIC MF Focused Fund Reinvestment of Income Distribution cum Cap Wdrl delivered 14.3% annual returns during the last year. It has delivered 11.4% average annual returns since the fund was launched.
- LIC MF Focused Fund Reinvestment of Income Distribution cum Cap Wdrl 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 provide long term capital appreciation by investing in concentrated portfolio of large cap focused equity and equity related instruments of up to 30 companies and balance in debt and money market instruments. However there can be no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Kotak Mahindra Bank Ltd
8.06%
HDFC Bank Ltd
6.65%
Tech Mahindra Ltd
5.49%
Tata Consultancy Services Ltd
5.40%
Tata Consumer Products Ltd
5.00%
Shriram Finance Ltd
4.91%
Artemis Medicare Services Ltd Ordinary Shares
4.82%
TARC Ltd Ordinary Shares
4.67%
SBI Life Insurance Co Ltd
3.78%
Mahindra & Mahindra Financial Services Ltd
3.75%
Fund Managers
- Sumit Bhatnagar (Jul 2024 - Present)
- Jaiprakash Toshniwal (Jul 2023 - Present)
Key Information
View Scheme Document
LIC MF Focused Fund Reinvestment of Income Distribution cum Cap Wdrl 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 LIC MF Focused Fund Reinvestment of Income Distribution cum Cap Wdrl
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 LIC MF Focused Fund Reinvestment of Income Distribution cum Cap Wdrl?
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 LIC MF Focused Fund Reinvestment of Income Distribution cum Cap Wdrl
- 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
Similar Funds
Funds
3Y Return
SBI Focused Equity Fund Reinvestment Inc Dist cum Cap Wdrl
very high risk | equity
10.0%
SBI Focused Equity Fund Growth
very high risk | equity
10.0%
HDFC Focused 30 Fund Growth
very high risk | equity
24.8%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved