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

INVEST VIA NRE/NRO

Quant Manufacturing Fund Growth for NRI [15.42]

Min Investment

5,000

Fund Size

1,090.88 Cr

Expense Ratio

2.2%

Exit Load

1%

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

15.42

0.40%

NAV as on 17 Nov 24, 12:00 AM

very high risk

equity other

equity

NAV as on 17 Nov 24, 12:00 AM

very high risk

equity other

equity

40.41%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

51.54%p.a.

Since Inception

About Quant Manufacturing Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Quant Manufacturing Fund Growth scheme from Quant Money Managers Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Aug 2023, Quant Manufacturing Fund Growth is Equity - Other fund of its category with 1,090.88 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.

  • Quant Manufacturing Fund Growth delivered 40.4% annual returns during the last year. It has delivered 51.5% average annual returns since the fund was launched.
  • Quant Manufacturing 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 objective of the scheme is to generate long term capital appreciation by investing in equity and equity related instruments of companies that follow the manufacturing theme. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Top 10 Holdings

Reliance Industries Ltd

9.51%

ITC Ltd

9.26%

Samvardhana Motherson International Ltd

7.93%

Grasim Industries Ltd

6.72%

Aurobindo Pharma Ltd

6.47%

Ador Welding Ltd

4.79%

Himadri Speciality Chemical Ltd

4.55%

Laxmi Organic Industries Ltd

4.45%

BASF India Ltd

3.99%

Britannia Industries Ltd

3.86%

Fund Managers

  1. Sanjeev Sharma (Aug 2023 - Present)
  2. Vasav Sahgal (Aug 2023 - Present)
  3. Ankit A. Pande (Aug 2023 - Present)
  4. Sandeep Tandon (Aug 2023 - Present)

Key Information

View Scheme Document

Quant Manufacturing 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 Quant Manufacturing 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 Quant Manufacturing 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 Manufacturing 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