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

INVEST VIA NRE/NRO

Motilal Oswal Developed Market Ex US ETFs Fund of Funds Growth for NRI [11.21]

Min Investment

500

Fund Size

36.04 Cr

Expense Ratio

0.6%

Exit Load

1%

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

11.21

0.53%

NAV as on 29 Apr 24, 12:00 AM

very high risk

global other

equity

NAV as on 29 Apr 24, 12:00 AM

very high risk

global other

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

15.81%p.a.

Since Inception

About Motilal Oswal Developed Market Ex US ETFs Fund of Funds Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Motilal Oswal Developed Market Ex US ETFs Fund of Funds Growth scheme from Motilal Oswal Asset Management Co. Ltd. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Sep 2023, Motilal Oswal Developed Market Ex US ETFs Fund of Funds Growth is Global - Other fund of its category with 36.04 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.

  • Motilal Oswal Developed Market Ex US ETFs Fund of Funds Growth delivered 0.0% annual returns during the last year. It has delivered 15.8% average annual returns since the fund was launched.
  • Motilal Oswal Developed Market Ex US ETFs Fund of Funds 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 is to generate long term capital appreciation by investing in units of global ETFs which track the performance of Developed Markets excluding US, subject to tracking error, if any.

Top 2 Holdings

iShares MSCI EAFE ETF

74.24%

SPDR® Portfolio Developed Wld ex-US ETF

24.27%

Fund Managers

  1. Ankush Sood (Sep 2023 - Present)
  2. Rakesh Shetty (Sep 2023 - Present)

Key Information

View Scheme Document

Motilal Oswal Developed Market Ex US ETFs Fund of Funds 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 Motilal Oswal Developed Market Ex US ETFs Fund of Funds 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 Motilal Oswal Developed Market Ex US ETFs Fund of Funds 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 Motilal Oswal Developed Market Ex US ETFs Fund of Funds 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