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
₹70.68
-1.99%
NAV as on 18 Dec 24, 12:00 AM
very high risk
equity other
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
equity other
equity
23.95%p.a.
Last 1Y
22.19%p.a.
Last 3Y
21.50%p.a.
Last 5Y
12.39%p.a.
Since Inception
About Nippon India Quant Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Quant Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Apr 2008, Nippon India Quant Fund - Growth is Equity - Other fund of its category with 88.01 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- Nippon India Quant Fund - Growth delivered 23.9% annual returns during the last year. It has delivered 12.4% average annual returns since the fund was launched.
- Nippon India Quant Fund - 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 investment objective of the Scheme is to generate capital appreciation through investment in equity and equity related instruments. The Scheme will seek to generate capital appreciation by investing in an active portfolio of stocks selected on the basis of a Quant model. There is no assurance or guarantee that the investment objective of the scheme will be achieved
Top 10 Holdings
ICICI Bank Ltd
8.12%
HDFC Bank Ltd
7.14%
Infosys Ltd
5.07%
Reliance Industries Ltd
4.55%
State Bank of India
4.48%
Bharti Airtel Ltd
4.07%
Tata Consultancy Services Ltd
3.88%
Mahindra & Mahindra Ltd
3.54%
Larsen & Toubro Ltd
3.39%
Power Finance Corp Ltd
3.10%
Fund Managers
- Ashutosh Bhargava (Sep 2017 - Present)
- Kinjal Desai (May 2018 - Present)
Key Information
View Scheme Document
Nippon India Quant Fund - Growth SIP Calculator
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
NRI Mutual Fund Tax on Nippon India Quant Fund - 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 Quant Fund - 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 Quant Fund - 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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Frequently Asked Questions
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