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
₹14.69
1.60%
NAV as on 19 Nov 24, 12:00 AM
very high risk
sector precious metals
fof
NAV as on 19 Nov 24, 12:00 AM
very high risk
sector precious metals
fof
22.41%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
23.72%p.a.
Since Inception
About Motilal Oswal Gold and Silver ETFs Fund of Funds Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Motilal Oswal Gold and Silver ETFs Fund of Funds Growth scheme from Motilal Oswal Asset Management Company Limited - Portfolio Managers. It is a Sector - Precious Metals mutual fund scheme that predominantly invests in Sector - Precious Metals stocks of companies. Launched on Oct 2022, Motilal Oswal Gold and Silver ETFs Fund of Funds Growth is Sector - Precious Metals fund of its category with 162.7 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.
- Motilal Oswal Gold and Silver ETFs Fund of Funds Growth delivered 22.4% annual returns during the last year. It has delivered 23.7% average annual returns since the fund was launched.
- Motilal Oswal Gold and Silver 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 fof
Fund Objective
The objective of this scheme is to generate returns by investing in units of Gold ETFs and Silver ETFs. However, the performance of the scheme may differ from that of the underlying gold and silver ETFs due to tracking error of the underlying exchange traded funds. There can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Top 2 Holdings
ICICI Pru Gold ETF
69.78%
Nippon India Silver ETF
30.99%
Fund Managers
- Rakesh Shetty (Nov 2022 - Present)
Key Information
View Scheme Document
Motilal Oswal Gold and Silver ETFs Fund of Funds Growth SIP Calculator
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NRI Mutual Fund Tax on Motilal Oswal Gold and Silver 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 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 Motilal Oswal Gold and Silver 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 Gold and Silver 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
Similar Funds
Funds
3Y Return
Nippon India Gold Savings Fund - Growth
very high risk | equity
13.9%
ICICI Prudential Silver ETF Fund of Fund Growth
very high risk | equity
0.0%
Nippon India Silver ETF Fund of Fund (FOF) Growth
very high risk | equity
0.0%
Frequently Asked Questions
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