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
₹410.31
0.29%
NAV as on 16 May 24, 12:00 AM
very high risk
aggressive allocation
equity
NAV as on 16 May 24, 12:00 AM
very high risk
aggressive allocation
equity
36.73%p.a.
Last 1Y
20.40%p.a.
Last 3Y
25.52%p.a.
Last 5Y
17.47%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Quant Absolute Fund Growth scheme from Quant Money Managers Limited. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Feb 2001, Quant Absolute Fund Growth is Aggressive Allocation fund of its category with 2,024.53 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.
The investments objective of the scheme is to generate income / capital appreciation by investing primarily in equity and equity related instruments with a moderate exposure to debt securities & money market instruments. There is no assurance that the investment objective of the Scheme will be realized.
Reliance Industries Ltd
9.49%
Jio Financial Services Ltd
9.43%
Adani Power Ltd
6.36%
Tata Power Co Ltd
6.03%
Jindal Steel & Power Ltd
5.33%
Britannia Industries Ltd
5.21%
Life Insurance Corporation of India
4.92%
182 DTB 25072024
4.86%
364 DTB 26122024
4.72%
Steel Authority Of India Ltd
4.28%
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 | hybrid (nc)
13.9%
very high risk | equity
24.4%
very high risk | hybrid (nc)
15.8%