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
₹18.85
0.78%
NAV as on 18 Dec 24, 12:00 AM
very high risk
global other
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
global other
equity
9.52%p.a.
Last 1Y
1.86%p.a.
Last 3Y
0.00%p.a.
Last 5Y
5.59%p.a.
Since Inception
About Nippon India Japan Equity Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Japan Equity Growth scheme from Nippon Life India Asset Management Ltd. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Aug 2014, Nippon India Japan Equity Growth is Global - Other fund of its category with 267.13 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.
- Nippon India Japan Equity Growth delivered 9.5% annual returns during the last year. It has delivered 5.6% average annual returns since the fund was launched.
- Nippon India Japan Equity 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 Nippon India Japan Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Japan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Top 10 Holdings
Sumitomo Electric Industries Ltd
3.61%
Mitsubishi UFJ Financial Group Inc
3.55%
Recruit Holdings Co Ltd
3.50%
Fast Retailing Co Ltd
3.34%
Ajinomoto Co Inc
3.30%
Sony Group Corp
3.26%
Hitachi Ltd
3.26%
BayCurrent Inc
3.22%
Mitsui & Co Ltd
3.18%
Komatsu Ltd
3.16%
Fund Managers
- Kinjal Desai (May 2018 - Present)
Key Information
View Scheme Document
Nippon India Japan Equity Growth SIP Calculator
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This Fund
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NRI Mutual Fund Tax on Nippon India Japan Equity 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 Japan Equity 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 Japan Equity 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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