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
₹10.26
0.04%
NAV as on 05 Sep 24, 12:00 AM
very high risk
equity other
equity
NAV as on 05 Sep 24, 12:00 AM
very high risk
equity other
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
2.40%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Manufacturing Fund Growth scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Jun 2024, Mahindra Manulife Manufacturing Fund Growth is Equity - Other fund of its category with 896.28 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in manufacturing theme. However, there is no assurance that the objective of the Scheme will be achieved.
ITC Ltd
4.40%
Mahindra & Mahindra Ltd
3.26%
Reliance Industries Ltd
3.08%
Maruti Suzuki India Ltd
2.91%
Oil & Natural Gas Corp Ltd
2.79%
Samvardhana Motherson International Ltd
2.77%
Bharat Petroleum Corp Ltd
2.76%
Hindalco Industries Ltd
2.75%
Hindustan Unilever Ltd
2.74%
Hero MotoCorp Ltd
2.39%
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
29.9%
very high risk | equity
0.0%
very high risk | equity
24.3%