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
₹132.24
0.42%
NAV as on 30 Apr 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 30 Apr 24, 12:00 AM
very high risk
elss (tax savings)
elss
32.80%p.a.
Last 1Y
17.33%p.a.
Last 3Y
14.91%p.a.
Last 5Y
10.98%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the LIC MF ELSS Tax Saver Growth scheme from LIC Mutual Fund Asset Management Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Feb 1999, LIC MF ELSS Tax Saver Growth is ELSS (Tax Savings) fund of its category with 1,021.77 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. An open ended equity linked tax saving Scheme which offers investors the opportunity to seek Tax rebate u/s 80C of the Income Tax Act 1961. However, there is no assurance that the investment objective of the Schemes will be realized.
ICICI Bank Ltd
7.29%
HDFC Bank Ltd
6.49%
State Bank of India
3.39%
Infosys Ltd
3.01%
Trent Ltd
2.79%
Cholamandalam Investment and Finance Co Ltd
2.78%
Axis Bank Ltd
2.57%
Larsen & Toubro Ltd
2.54%
Titan Co Ltd
2.41%
PI Industries Ltd
2.35%
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 | elss
12.0%
very high risk | elss
28.7%
very high risk | elss
18.6%