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
₹29.46
-0.05%
NAV as on 18 Dec 24, 12:00 AM
very high risk
retirement
equity
NAV as on 18 Dec 24, 12:00 AM
very high risk
retirement
equity
22.58%p.a.
Last 1Y
18.03%p.a.
Last 3Y
16.60%p.a.
Last 5Y
11.47%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Retirement Fund - Wealth Creation Scheme - Growth scheme from Nippon Life India Asset Management Ltd. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Feb 2015, Nippon India Retirement Fund - Wealth Creation Scheme - Growth is Retirement fund of its category with 3,336.49 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.
The investment objective of the scheme is to provide capital appreciation and consistent income to the investors which will be in line with their retirement goals by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
ICICI Bank Ltd
7.79%
HDFC Bank Ltd
6.46%
Infosys Ltd
4.59%
Reliance Industries Ltd
3.87%
Tata Consultancy Services Ltd
3.71%
Larsen & Toubro Ltd
3.13%
Axis Bank Ltd
3.07%
State Bank of India
2.92%
Bharti Airtel Ltd
2.56%
NTPC Ltd
2.40%
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
20.0%
very high risk | equity
15.8%
very high risk | equity
14.4%