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

INVEST VIA NRE/NRO

Nippon India Equity Hybrid Fund - Growth for NRI [100.73]

Min Investment

500

Fund Size

3,857.87 Cr

Expense Ratio

2.0%

Exit Load

1%

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

100.73

-0.80%

NAV as on 12 Nov 24, 12:00 AM

very high risk

aggressive allocation

equity

NAV as on 12 Nov 24, 12:00 AM

very high risk

aggressive allocation

equity

25.97%p.a.

Last 1Y

14.25%p.a.

Last 3Y

13.11%p.a.

Last 5Y

12.70%p.a.

Since Inception

About Nippon India Equity Hybrid Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Nippon India Equity Hybrid Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Jun 2005, Nippon India Equity Hybrid Fund - Growth is Aggressive Allocation fund of its category with 3,857.87 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.

  • Nippon India Equity Hybrid Fund - Growth delivered 26.0% annual returns during the last year. It has delivered 12.7% average annual returns since the fund was launched.
  • Nippon India Equity Hybrid 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 primary investment objective of this option is to generate consistent returns and appreciation of capital by investing in a mix of securities comprising of equity, equity related instruments & fixed income instruments.

Top 10 Holdings

HDFC Bank Ltd

5.32%

ICICI Bank Ltd

5.26%

Larsen & Toubro Ltd

3.33%

Infosys Ltd

3.33%

NTPC Ltd

2.96%

Axis Bank Ltd

2.80%

Reliance Industries Ltd

2.78%

Bharti Airtel Ltd

2.78%

7.1% Govt Stock 2034

2.64%

State Bank of India

2.15%

Fund Managers

  1. Meenakshi Dawar (Sep 2021 - Present)
  2. Kinjal Desai (May 2018 - Present)
  3. Sushil Budhia (Feb 2020 - Present)
  4. Akshay Sharma (Dec 2022 - Present)

Key Information

View Scheme Document

Nippon India Equity Hybrid 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 Nippon India Equity Hybrid 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 Nippon India Equity Hybrid 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 Nippon India Equity Hybrid 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