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

INVEST VIA NRE/NRO

Parag Parikh Conservative Hybrid Fund Growth for NRI [13.88]

Min Investment

5,000

Fund Size

2,033.28 Cr

Expense Ratio

0.6%

Exit Load

1%

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

13.88

0.01%

NAV as on 14 Jul 24, 12:00 AM

moderately high risk

conservative allocation

hybrid (c)

NAV as on 14 Jul 24, 12:00 AM

moderately high risk

conservative allocation

hybrid (c)

18.30%p.a.

Last 1Y

11.56%p.a.

Last 3Y

0.00%p.a.

Last 5Y

10.85%p.a.

Since Inception

About Parag Parikh Conservative Hybrid Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Parag Parikh Conservative Hybrid Fund Growth scheme from PPFAS Asset Management Pvt. Ltd. It is a Conservative Allocation mutual fund scheme that predominantly invests in Conservative Allocation stocks of companies. Launched on May 2021, Parag Parikh Conservative Hybrid Fund Growth is Conservative Allocation fund of its category with 2,033.28 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Conservative Allocation funds.

  • Parag Parikh Conservative Hybrid Fund Growth delivered 18.3% annual returns during the last year. It has delivered 10.8% average annual returns since the fund was launched.
  • Parag Parikh Conservative Hybrid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in hybrid (c)

Fund Objective

To generate regular income through investments predominantly in debt and money market instruments. The Scheme also seeks to generate long term capital appreciation from the portion of equity investments under the scheme. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Top 10 Holdings

Brookfield India Real Estate Trust

3.67%

Petronet LNG Ltd

2.70%

Embassy Office Parks Reit

2.68%

Punjab National Bank

2.54%

Power Grid Corp Of India Ltd

2.50%

07.76 MH Sgs 2030

2.26%

Coal India Ltd

2.09%

Bajaj Auto Ltd

2.09%

07.70 MH Sgs 2030

2.00%

ITC Ltd

1.93%

Fund Managers

  1. Raj Mehta (May 2021 - Present)
  2. Rajeev Thakkar (May 2021 - Present)
  3. Raunak Onkar (May 2021 - Present)
  4. Rukun Tarachandani (May 2022 - Present)
  5. Mansi Kariya (Dec 2023 - Present)

Key Information

View Scheme Document

Parag Parikh Conservative Hybrid 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 Parag Parikh Conservative Hybrid 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 Parag Parikh Conservative Hybrid 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 Parag Parikh Conservative Hybrid 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