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
₹218.42
1.73%
NAV as on 23 Nov 24, 12:00 AM
very high risk
value
equity
NAV as on 23 Nov 24, 12:00 AM
very high risk
value
equity
36.07%p.a.
Last 1Y
21.63%p.a.
Last 3Y
24.18%p.a.
Last 5Y
17.38%p.a.
Since Inception
About Nippon India Value Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Value Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Jun 2005, Nippon India Value Fund - Growth is Value fund of its category with 8,542.49 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Value funds.
- Nippon India Value Fund - Growth delivered 36.1% annual returns during the last year. It has delivered 17.4% average annual returns since the fund was launched.
- Nippon India Value 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 this scheme is to seek capital appreciation and/or to generate consistent returns by actively investing in equity/ equity related securities predominantly into value stocks. However there can be no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
7.90%
ICICI Bank Ltd
5.60%
Infosys Ltd
4.12%
NTPC Ltd
3.55%
Dixon Technologies (India) Ltd
3.29%
Bharti Airtel Ltd
3.05%
Larsen & Toubro Ltd
2.67%
Reliance Industries Ltd
2.06%
Oil & Natural Gas Corp Ltd
2.03%
Bharat Heavy Electricals Ltd
1.99%
Fund Managers
- Meenakshi Dawar (May 2018 - Present)
- Dhrumil Shah (Jan 2023 - Present)
- Kinjal Desai (May 2018 - Present)
Key Information
View Scheme Document
Nippon India Value Fund - Growth SIP Calculator
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NRI Mutual Fund Tax on Nippon India Value 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 Value 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 Value 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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