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
₹10.44
-0.46%
NAV as on 30 Apr 24, 12:00 AM
very high risk
equity consumption
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
equity consumption
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
4.47%p.a.
Since Inception
About Quant Consumption Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Quant Consumption Fund Growth scheme from Quant Money Managers Limited. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Jan 2024, Quant Consumption Fund Growth is Equity - Consumption fund of its category with 238.1 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.
- Quant Consumption Fund Growth delivered 0.0% annual returns during the last year. It has delivered 4.5% average annual returns since the fund was launched.
- Quant Consumption 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 the scheme is to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of Consumption driven companies. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Reliance Industries Ltd
10.03%
Juniper Hotels Ltd
9.90%
Britannia Industries Ltd
8.87%
Poly Medicure Ltd
8.68%
Apeejay Surrendra Park Hotels Ltd
7.73%
Future on Asian Paints Ltd
6.86%
Swan Energy Ltd
6.30%
Life Insurance Corporation of India
5.77%
Popular Vehicles and Services Ltd
5.33%
Pidilite Industries Ltd
5.06%
Fund Managers
- Sanjeev Sharma (Jan 2024 - Present)
- Vasav Sahgal (Jan 2024 - Present)
- Ankit A. Pande (Jan 2024 - Present)
Key Information
View Scheme Document
Quant Consumption Fund Growth SIP Calculator
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
NRI Mutual Fund Tax on Quant Consumption 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 Quant Consumption 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 Quant Consumption 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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