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
₹295.76
0.22%
NAV as on 18 Dec 24, 12:00 AM
very high risk
multi cap
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
multi cap
equity
28.42%p.a.
Last 1Y
26.54%p.a.
Last 3Y
24.48%p.a.
Last 5Y
18.70%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Multi Cap Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Mar 2005, Nippon India Multi Cap Fund - Growth is Multi-Cap fund of its category with 39,000.8 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
The primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities.
HDFC Bank Ltd
6.45%
ICICI Bank Ltd
3.99%
Axis Bank Ltd
3.06%
Infosys Ltd
3.00%
Reliance Industries Ltd
2.98%
GE Vernova T&D India Ltd
2.86%
Linde India Ltd
2.71%
EIH Ltd
2.45%
State Bank of India
2.37%
Indian Hotels Co Ltd
2.24%
View Scheme Document
If invested
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
0.0%
very high risk | equity
24.0%
very high risk | equity
25.9%