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
₹82.36
0.44%
NAV as on 25 Apr 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 25 Apr 24, 12:00 AM
very high risk
mid cap
equity
63.98%p.a.
Last 1Y
37.90%p.a.
Last 3Y
26.77%p.a.
Last 5Y
22.75%p.a.
Since Inception
About Motilal Oswal Midcap Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Motilal Oswal Midcap Growth scheme from Motilal Oswal Asset Management Co. Ltd. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Feb 2014, Motilal Oswal Midcap Growth is Mid-Cap fund of its category with 8,986.69 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
- Motilal Oswal Midcap Growth delivered 64.0% annual returns during the last year. It has delivered 22.8% average annual returns since the fund was launched.
- Motilal Oswal Midcap 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 achieve long term capital appreciation by investing in quality mid-cap companies having long-term competitive advantages and potential for growth. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Top 10 Holdings
Jio Financial Services Ltd
11.81%
Kalyan Jewellers India Ltd
9.76%
Persistent Systems Ltd
8.87%
Tube Investments of India Ltd Ordinary Shares
8.38%
Prestige Estates Projects Ltd
5.86%
Coforge Ltd
5.51%
Balkrishna Industries Ltd
4.45%
Indus Towers Ltd Ordinary Shares
4.34%
CG Power & Industrial Solutions Ltd
4.12%
Max Healthcare Institute Ltd Ordinary Shares
4.11%
Fund Managers
- Niket Shah (Jul 2020 - Present)
- Ankush Sood (Nov 2022 - Present)
- Rakesh Shetty (Nov 2022 - Present)
Key Information
View Scheme Document
Motilal Oswal Midcap Growth SIP Calculator
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NRI Mutual Fund Tax on Motilal Oswal Midcap 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 Midcap 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 Midcap 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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Frequently Asked Questions
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