NRI from all over the world (including 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
₹26.24
0.03%
NAV as on 14 May 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 14 May 24, 12:00 AM
very high risk
elss (tax savings)
elss
25.55%p.a.
Last 1Y
15.46%p.a.
Last 3Y
13.66%p.a.
Last 5Y
12.37%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Navi ELSS Tax Saver Fund Growth scheme from Navi AMC Limited. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Dec 2015, Navi ELSS Tax Saver Fund Growth is ELSS (Tax Savings) fund of its category with 61.69 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme, subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act, 1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized.
Infosys Ltd
5.76%
HDFC Bank Ltd
5.30%
Hindustan Aeronautics Ltd Ordinary Shares
5.05%
Sun Pharmaceuticals Industries Ltd
4.99%
Reliance Industries Ltd
4.41%
ICICI Bank Ltd
4.40%
Tata Motors Ltd
3.59%
Bharti Airtel Ltd
3.43%
Tata Consultancy Services Ltd
3.26%
SBI Life Insurance Company Limited
3.14%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | elss
12.0%
very high risk | elss
28.0%
very high risk | elss
18.3%