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

INVEST VIA NRE/NRO

Motilal Oswal S&P 500 Index Fund Growth for NRI [21.02]

Min Investment

500

Fund Size

3,390.98 Cr

Expense Ratio

1.1%

Exit Load

1%

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

21.02

0.46%

NAV as on 14 Jul 24, 12:00 AM

very high risk

global other

equity

NAV as on 14 Jul 24, 12:00 AM

very high risk

global other

equity

27.22%p.a.

Last 1Y

12.82%p.a.

Last 3Y

0.00%p.a.

Last 5Y

18.66%p.a.

Since Inception

About Motilal Oswal S&P 500 Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Motilal Oswal S&P 500 Index Fund 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 Apr 2020, Motilal Oswal S&P 500 Index Fund Growth is Global - Other fund of its category with 3,390.98 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.

  • Motilal Oswal S&P 500 Index Fund Growth delivered 27.2% annual returns during the last year. It has delivered 18.7% average annual returns since the fund was launched.
  • Motilal Oswal S&P 500 Index 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 Scheme seeks investment return that corresponds to the performance of S&P 500 Index subject to tracking error. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Top 10 Holdings

Microsoft Corp

7.19%

NVIDIA Corp

6.58%

Apple Inc

6.57%

Amazon.com Inc

3.83%

Meta Platforms Inc Class A

2.39%

Alphabet Inc Class A

2.32%

Alphabet Inc Class C

1.94%

Berkshire Hathaway Inc Class B

1.59%

Eli Lilly and Co

1.56%

Broadcom Inc

1.51%

Fund Managers

  1. Rakesh Shetty (Nov 2022 - Present)
  2. (Jul 2024 - Present)

Key Information

View Scheme Document

Motilal Oswal S&P 500 Index Fund 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 S&P 500 Index Fund 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 S&P 500 Index 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 Motilal Oswal S&P 500 Index 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

Frequently Asked Questions