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
₹9.59
-0.16%
NAV as on 18 Dec 24, 12:00 AM
very high risk
index funds
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
index funds
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
-5.63%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Nifty 500 Equal Weight Index Fund Growth scheme from Nippon Life India Asset Management Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Sep 2024, Nippon India Nifty 500 Equal Weight Index Fund Growth is Index Funds fund of its category with 410.39 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
The investment objective of the scheme is to provide investment returns that commensurate to the total returns of the securities as represented by the Nifty 500 Equal Weight Index before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.
Syrma SGS Technology Ltd
0.28%
Aegis Logistics Ltd
0.28%
Deepak Fertilisers & Petrochemicals Corp Ltd
0.27%
Kirloskar Brothers Ltd
0.27%
Aditya Birla Sun Life AMC Ltd
0.26%
One97 Communications Ltd
0.26%
Piramal Pharma Ltd
0.25%
Amber Enterprises India Ltd Ordinary Shares
0.25%
Laurus Labs Ltd
0.25%
Aster DM Healthcare Ltd Ordinary Shares
0.25%
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
12.7%
very high risk | equity
12.6%
very high risk | equity
12.5%