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
₹20.72
0.43%
NAV as on 16 Dec 24, 12:00 AM
very high risk
small cap
equity
NAV as on 16 Dec 24, 12:00 AM
very high risk
small cap
equity
35.22%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
42.65%p.a.
Since Inception
About Mahindra Manulife Small Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Small Cap Fund Growth scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Small-Cap mutual fund scheme that predominantly invests in Small-Cap stocks of companies. Launched on Dec 2022, Mahindra Manulife Small Cap Fund Growth is Small-Cap fund of its category with 4,269.25 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Small-Cap funds.
- Mahindra Manulife Small Cap Fund Growth delivered 35.2% annual returns during the last year. It has delivered 42.6% average annual returns since the fund was launched.
- Mahindra Manulife Small Cap Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the Scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related securities of small cap companies, However, there can be no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
Reliance Industries Ltd
3.03%
Aditya Birla Real Estate Ltd
2.99%
Anant Raj Ltd
2.87%
PCBL Chemical Ltd
2.68%
Grasim Industries Ltd
2.43%
Piramal Pharma Ltd
2.36%
GAIL (India) Ltd
2.34%
Cholamandalam Financial Holdings Ltd
2.29%
Firstsource Solutions Ltd
2.28%
CESC Ltd
2.15%
Fund Managers
- Krishna Sanghavi (Oct 2024 - Present)
- Manish Lodha (Dec 2022 - Present)
Key Information
View Scheme Document
Mahindra Manulife Small Cap Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Mahindra Manulife Small Cap Fund 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 Small Cap Fund 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 Small Cap Fund 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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HDFC Small Cap Fund Growth
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24.6%
SBI Small Cap Fund Plan Growth
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21.0%
Frequently Asked Questions
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