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
₹126.72
-0.83%
NAV as on 18 Dec 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 18 Dec 24, 12:00 AM
very high risk
elss (tax savings)
elss
21.57%p.a.
Last 1Y
18.92%p.a.
Last 3Y
18.19%p.a.
Last 5Y
14.13%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India ELSS Tax Saver Fund Growth scheme from Nippon Life India Asset Management Ltd. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Sep 2005, Nippon India ELSS Tax Saver Fund Growth is ELSS (Tax Savings) fund of its category with 15,665.55 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
The primary objective of the scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.However, there can be no assurance that the scheme's investment objective shall be achieved
ICICI Bank Ltd
8.13%
HDFC Bank Ltd
6.76%
Infosys Ltd
4.74%
NTPC Ltd
3.37%
Larsen & Toubro Ltd
3.28%
State Bank of India
3.21%
Axis Bank Ltd
2.90%
Power Finance Corp Ltd
2.88%
Samvardhana Motherson International Ltd
2.70%
Bharti Airtel Ltd (Partly Paid Rs.1.25)
2.56%
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 | elss
9.3%
very high risk | elss
25.6%
very high risk | elss
15.7%