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
₹150.86
0.59%
NAV as on 24 Apr 24, 12:00 AM
very high risk
small cap
equity
NAV as on 24 Apr 24, 12:00 AM
very high risk
small cap
equity
60.03%p.a.
Last 1Y
36.01%p.a.
Last 3Y
30.32%p.a.
Last 5Y
21.60%p.a.
Since Inception
About Nippon India Small Cap Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Small Cap Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Small-Cap mutual fund scheme that predominantly invests in Small-Cap stocks of companies. Launched on Sep 2010, Nippon India Small Cap Fund - Growth is Small-Cap fund of its category with 45,749.06 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Small-Cap funds.
- Nippon India Small Cap Fund - Growth delivered 60.0% annual returns during the last year. It has delivered 21.6% average annual returns since the fund was launched.
- Nippon India Small Cap 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 primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities.
Top 10 Holdings
Tube Investments of India Ltd Ordinary Shares
2.39%
HDFC Bank Ltd
1.95%
Voltamp Transformers Ltd
1.83%
Apar Industries Ltd
1.65%
Multi Commodity Exchange of India Ltd
1.36%
Bharat Heavy Electricals Ltd
1.35%
State Bank of India
1.33%
Karur Vysya Bank Ltd
1.27%
NIIT Learning Systems Ltd
1.26%
InterGlobe Aviation Ltd
1.26%
Fund Managers
- Samir Rachh (Jan 2017 - Present)
- Kinjal Desai (May 2018 - Present)
- Tejas Sheth (Feb 2023 - Present)
Key Information
View Scheme Document
Nippon India Small Cap Fund - Growth SIP Calculator
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NRI Mutual Fund Tax on Nippon India Small Cap 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 Small Cap 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 Small Cap 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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