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
₹8.06
-0.70%
NAV as on 16 Dec 24, 12:00 AM
very high risk
global other
fof
NAV as on 16 Dec 24, 12:00 AM
very high risk
global other
fof
-7.58%p.a.
Last 1Y
-5.84%p.a.
Last 3Y
0.00%p.a.
Last 5Y
-5.88%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 21.96 Cr fund under management as on Dec 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 -7.6% annual returns during the last year. It has delivered -5.9% 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
96.07%
Fund Managers
- Amit Garg (Oct 2021 - Present)
- Pranav Patel (Jan 2024 - Present)
Key Information
View Scheme Document
Mahindra Manulife Asia Pacific REITs FOF Growth SIP Calculator
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This Fund
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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 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 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
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