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
₹146.79
-0.21%
NAV as on 10 Nov 24, 12:00 AM
very high risk
index funds
equity
NAV as on 10 Nov 24, 12:00 AM
very high risk
index funds
equity
24.22%p.a.
Last 1Y
10.24%p.a.
Last 3Y
15.17%p.a.
Last 5Y
13.02%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the LIC MF Nifty 50 Index Fund Growth scheme from LIC Mutual Fund Asset Management Limited. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Nov 2002, LIC MF Nifty 50 Index Fund Growth is Index Funds fund of its category with 318.97 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.
The main investment objective of the fund is to generate returns commensurate with the performance of the index Nifty based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the Schemes will be realized.
HDFC Bank Ltd
12.06%
Reliance Industries Ltd
8.37%
ICICI Bank Ltd
8.28%
Infosys Ltd
5.80%
ITC Ltd
4.19%
Bharti Airtel Ltd
3.97%
Larsen & Toubro Ltd
3.94%
Tata Consultancy Services Ltd
3.71%
Axis Bank Ltd
3.03%
State Bank of India
2.87%
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
11.1%
very high risk | equity
11.0%
very high risk | equity
11.0%