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
₹116.69
0.30%
NAV as on 18 Dec 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
focused fund
equity
13.42%p.a.
Last 1Y
15.62%p.a.
Last 3Y
19.47%p.a.
Last 5Y
14.68%p.a.
Since Inception
About Nippon India Focused Equity Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Focused Equity Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Dec 2006, Nippon India Focused Equity Fund - Growth is Focused Fund fund of its category with 8,411.68 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- Nippon India Focused Equity Fund - Growth delivered 13.4% annual returns during the last year. It has delivered 14.7% average annual returns since the fund was launched.
- Nippon India Focused Equity 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 the scheme is to generate long-term capital growth by predominantly investing in an active and concentrated portfolio of equity & equity related instruments up to 30 companies across market capitalization. The secondary objective of the scheme is to generate consistent returns by investing in debt, money market securities, REITs and InvITs. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Top 10 Holdings
HDFC Bank Ltd
8.84%
Axis Bank Ltd
7.02%
ICICI Bank Ltd
6.97%
Infosys Ltd
5.42%
Reliance Industries Ltd
4.86%
Bajaj Finserv Ltd
3.90%
3M India Ltd
3.58%
SBI Cards and Payment Services Ltd Ordinary Shares
3.57%
Hero MotoCorp Ltd
3.47%
Syngene International Ltd
2.98%
Fund Managers
- Vinay Sharma (May 2018 - Present)
- Kinjal Desai (May 2018 - Present)
- Rishit Parikh (Aug 2024 - Present)
Key Information
View Scheme Document
Nippon India Focused Equity Fund - Growth SIP Calculator
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NRI Mutual Fund Tax on Nippon India Focused Equity 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 Nippon India Focused Equity 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 Focused Equity 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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9.9%
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24.8%
Axis Focused Fund Growth
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5.6%
Frequently Asked Questions
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