NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Mahindra Manulife Asia Pacific REITs FOF Growth for NRI [8.38]

Min Investment

5,000

Fund Size

19.16 Cr

Expense Ratio

1.4%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

8.38

-0.43%

NAV as on 11 Nov 24, 12:00 AM

very high risk

global other

fof

NAV as on 11 Nov 24, 12:00 AM

very high risk

global other

fof

8.26%p.a.

Last 1Y

-5.54%p.a.

Last 3Y

0.00%p.a.

Last 5Y

-4.82%p.a.

Since Inception

About Mahindra Manulife Asia Pacific REITs FOF Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Asia Pacific REITs FOF Growth scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Oct 2021, Mahindra Manulife Asia Pacific REITs FOF Growth is Global - Other fund of its category with 19.16 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.

  • Mahindra Manulife Asia Pacific REITs FOF Growth delivered 8.3% annual returns during the last year. It has delivered -4.8% average annual returns since the fund was launched.
  • Mahindra Manulife Asia Pacific REITs FOF Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in fof

Fund Objective

The investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of Manulife Global Fund – Asia Pacific REIT Fund, an overseas fund primarily investing in real estate investment trusts (REITs) in the Asia Pacific ex-Japan region. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Top 1 Holdings

Manulife GF APAC REIT AA RMBH I7 Acc

98.73%

Fund Managers

  1. Amit Garg (Oct 2021 - Present)
  2. Pranav Patel (Jan 2024 - Present)

Key Information

View Scheme Document

Mahindra Manulife Asia Pacific REITs FOF Growth SIP Calculator

If invested

5,000

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 Mahindra Manulife Asia Pacific REITs FOF Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Mahindra Manulife Asia Pacific REITs FOF 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 Mahindra Manulife Asia Pacific REITs FOF 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

Frequently Asked Questions