NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Nippon India Value Fund - Growth for NRI [227.72]

Min Investment

500

Fund Size

8,961.79 Cr

Expense Ratio

1.8%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

227.72

1.66%

NAV as on 06 Nov 24, 12:00 AM

very high risk

value

equity

NAV as on 06 Nov 24, 12:00 AM

very high risk

value

equity

48.24%p.a.

Last 1Y

21.80%p.a.

Last 3Y

25.15%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 8,961.79 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 48.2% 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

7.52%

ICICI Bank Ltd

5.26%

Infosys Ltd

4.19%

NTPC Ltd

3.43%

Dixon Technologies (India) Ltd

3.15%

Bharti Airtel Ltd

3.09%

Larsen & Toubro Ltd

2.58%

Bharat Heavy Electricals Ltd

2.22%

Reliance Industries Ltd

2.18%

Oil & Natural Gas Corp Ltd

2.17%

Fund Managers

  1. Meenakshi Dawar (May 2018 - Present)
  2. Dhrumil Shah (Jan 2023 - Present)
  3. Kinjal Desai (May 2018 - Present)

Key Information

View Scheme Document

Nippon India Value Fund - Growth SIP Calculator

If invested

5,000

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

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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions