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
₹43.69
2.54%
NAV as on 03 Feb 26, 12:00 AM
very high risk
index funds
equity
NAV as on 03 Feb 26, 12:00 AM
very high risk
index funds
equity
10.89%p.a.
Last 1Y
13.61%p.a.
Last 3Y
12.16%p.a.
Last 5Y
10.08%p.a.
Since Inception
About Nippon India Index Fund - Nifty 50 Plan -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Index Fund - Nifty 50 Plan -Growth scheme from Nippon Life India Asset Management Limited. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Sep 2010, Nippon India Index Fund - Nifty 50 Plan -Growth is Index Funds fund of its category with 3,061.39 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
- Nippon India Index Fund - Nifty 50 Plan -Growth delivered 10.9% annual returns during the last year. It has delivered 10.1% average annual returns since the fund was launched.
- Nippon India Index Fund - Nifty 50 Plan -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 replicate the composition of the Nifty 50, with a view to generate returns that are commensurate with the performance of the Nifty 50, subject to tracking errors.
Top 10 Holdings
Repo
0.19%
Net Current Assets
0.09%
Others Mrgn Money
0.00%
Adani Enterprises Ltd
0.49%
Apollo Hospitals Enterprise Ltd
0.61%
Asian Paints Ltd
1.05%
Axis Bank Ltd
3.05%
Bajaj Finance Ltd
2.20%
Bajaj Auto Ltd
0.87%
Bajaj Finserv Ltd
0.98%
Fund Managers
- Himanshu Mange (Dec 2023 - Present)
Key Information
View Scheme Document
Nippon India Index Fund - Nifty 50 Plan -Growth SIP Calculator
If invested
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For a period of
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₹0(+0.0%)
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Nippon India Index Fund - Nifty 50 Plan -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 Index Fund - Nifty 50 Plan -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 Index Fund - Nifty 50 Plan -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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