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
₹11.46
2.98%
NAV as on 19 Nov 24, 12:00 AM
very high risk
global other
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
global other
equity
25.58%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
4.89%p.a.
Since Inception
About Nippon India Taiwan Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Taiwan Equity Fund Growth scheme from Nippon Life India Asset Management Ltd. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Dec 2021, Nippon India Taiwan Equity Fund Growth is Global - Other fund of its category with 364.14 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.
- Nippon India Taiwan Equity Fund Growth delivered 25.6% annual returns during the last year. It has delivered 4.9% average annual returns since the fund was launched.
- Nippon India Taiwan Equity 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 scheme is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Taiwan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Top 10 Holdings
Taiwan Semiconductor Manufacturing Co Ltd
8.60%
Bizlink Holding Inc
6.12%
Jentech Precision Industrial Co Ltd
6.11%
Gigabyte Technology Co Ltd
5.92%
Hon Hai Precision Industry Co Ltd
5.87%
MPI Corp
5.32%
eMemory Technology Inc
5.15%
Taiwan Union Technology Corp
4.92%
Chroma Ate Inc
4.54%
Quanta Computer Inc
4.30%
Fund Managers
- Kinjal Desai (Dec 2021 - Present)
Key Information
View Scheme Document
Nippon India Taiwan Equity Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Nippon India Taiwan Equity 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 Taiwan Equity 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 Taiwan Equity 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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