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
₹22.26
-0.98%
NAV as on 18 Nov 24, 12:00 AM
very high risk
global other
equity
NAV as on 18 Nov 24, 12:00 AM
very high risk
global other
equity
31.93%p.a.
Last 1Y
12.56%p.a.
Last 3Y
0.00%p.a.
Last 5Y
18.47%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 Company Limited - Portfolio Managers. 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 3,531.52 Cr fund under management as on Nov 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 31.9% annual returns during the last year. It has delivered 18.5% 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
Apple Inc
7.02%
NVIDIA Corp
6.68%
Microsoft Corp
6.18%
Amazon.com Inc
3.56%
Meta Platforms Inc Class A
2.54%
Alphabet Inc Class A
2.05%
Alphabet Inc Class C
1.70%
Berkshire Hathaway Inc Class B
1.69%
Broadcom Inc
1.62%
Tesla Inc
1.42%
Fund Managers
- Rakesh Shetty (Nov 2022 - Present)
- (Jul 2024 - Present)
Key Information
View Scheme Document
Motilal Oswal S&P 500 Index Fund Growth SIP Calculator
If invested
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 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 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
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