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
₹29.18
-0.45%
NAV as on 07 Nov 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 07 Nov 24, 12:00 AM
very high risk
elss (tax savings)
elss
25.44%p.a.
Last 1Y
11.07%p.a.
Last 3Y
14.66%p.a.
Last 5Y
12.78%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 67.08 Cr fund under management as on Nov 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.
HDFC Bank Ltd
5.55%
Reliance Industries Ltd
4.08%
Bharti Airtel Ltd
4.08%
SBI Life Insurance Co Ltd
3.71%
Infosys Ltd
3.64%
Persistent Systems Ltd
3.58%
Hindustan Aeronautics Ltd Ordinary Shares
3.30%
Max Healthcare Institute Ltd Ordinary Shares
3.23%
Sun Pharmaceuticals Industries Ltd
3.02%
Rural Electrification Corporation Limited
2.98%
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
6.8%
very high risk | elss
22.8%
very high risk | elss
13.1%