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

INVEST VIA NRE/NRO

Nippon India Index Fund BSE Sensex Plan-Growth for NRI [42.63]

Min Investment

5,000

Fund Size

991.57 Cr

Expense Ratio

0.5%

Exit Load

0%

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

42.63

2.53%

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

9.22%p.a.

Last 1Y

11.94%p.a.

Last 3Y

11.38%p.a.

Last 5Y

9.90%p.a.

Since Inception

About Nippon India Index Fund BSE Sensex Plan-Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Nippon India Index Fund BSE Sensex 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 BSE Sensex Plan-Growth is Index Funds fund of its category with 991.57 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 BSE Sensex Plan-Growth delivered 9.2% annual returns during the last year. It has delivered 9.9% average annual returns since the fund was launched.
  • Nippon India Index Fund BSE Sensex 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 BSE Sensex, with a view to generate returns that are commensurate with the performance of the BSE Sensex, subject to tracking errors.

Top 10 Holdings

Repo

0.16%

Net Current Assets

0.06%

Others Mrgn Money

0.00%

State Bank of India

4.04%

Asian Paints Ltd

1.24%

Axis Bank Ltd

3.59%

Bajaj Finance Ltd

2.56%

Bajaj Finserv Ltd

1.16%

Bharti Airtel Ltd

5.83%

HCL Technologies Ltd

1.70%

Fund Managers

  1. Himanshu Mange (Dec 2023 - Present)

Key Information

View Scheme Document

Nippon India Index Fund BSE Sensex Plan-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 Index Fund BSE Sensex Plan-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 Index Fund BSE Sensex 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 BSE Sensex 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

Frequently Asked Questions