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
₹12.16
-0.21%
NAV as on 27 Nov 23, 12:00 AM
very high risk
multi cap
equity
NAV as on 27 Nov 23, 12:00 AM
very high risk
multi cap
equity
21.09%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
14.61%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the LIC MF Multi Cap Fund Payout Inc Dist cum Cap Wdrl scheme from LIC Mutual Fund Asset Management Limited. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Oct 2022, LIC MF Multi Cap Fund Payout Inc Dist cum Cap Wdrl is Multi-Cap fund of its category with 680.82 Cr fund under management as on Nov 2023. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
The investment objective of the scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments across large cap, mid cap and small cap stocks.
HDFC Bank Ltd
4.32%
ICICI Bank Ltd
3.58%
Power Finance Corp Ltd
2.90%
State Bank of India
2.23%
Reliance Industries Ltd
2.14%
Kotak Mahindra Bank Ltd
2.07%
Infosys Ltd
2.02%
Pitti Engineering Ltd
1.95%
Kennametal India Ltd
1.90%
CIE Automotive India Ltd
1.79%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
32.8%
very high risk | equity
0.0%
very high risk | equity
0.0%