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
₹18.97
0.04%
NAV as on 30 Apr 24, 12:00 AM
moderately high risk
equity savings
equity
NAV as on 30 Apr 24, 12:00 AM
moderately high risk
equity savings
equity
19.41%p.a.
Last 1Y
10.96%p.a.
Last 3Y
11.07%p.a.
Last 5Y
9.04%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Equity Savings Fund Growth scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Feb 2017, Mahindra Manulife Equity Savings Fund Growth is Equity Savings fund of its category with 464.8 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Future on Ambuja Cements Ltd
7.15%
Ambuja Cements Ltd
7.11%
Future on Bajaj Finance Ltd
3.37%
Bajaj Finance Ltd
3.35%
Icici Bank Limited April 2024 Future
3.02%
ICICI Bank Ltd
3.00%
HDFC Bank Ltd
2.95%
364 DTB 17102024
2.90%
ITC Ltd
2.76%
Reliance Industries Ltd
2.75%
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
moderately high risk | equity
10.6%
moderately high risk | hybrid (nc)
12.2%
moderately high risk | equity
9.5%