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
₹14.98
-0.22%
NAV as on 30 Apr 24, 12:00 AM
very high risk
equity other
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
equity other
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
40.17%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 549.38 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- Quant Manufacturing Fund Growth delivered 0.0% annual returns during the last year. It has delivered 40.2% 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
9.86%
Housing & Urban Development Corp Ltd
7.47%
Future on Larsen & Toubro Ltd
6.00%
Britannia Industries Ltd
5.72%
Adani Power Ltd
5.18%
Swan Energy Ltd
4.91%
Steel Authority Of India Ltd
4.89%
Aurobindo Pharma Ltd
4.71%
Jindal Steel & Power Ltd
4.64%
GMR Airports Infrastructure Ltd
4.46%
Fund Managers
- Sanjeev Sharma (Aug 2023 - Present)
- Vasav Sahgal (Aug 2023 - Present)
- Ankit A. Pande (Aug 2023 - Present)
- Sandeep Tandon (Aug 2023 - Present)
Key Information
View Scheme Document
Quant Manufacturing Fund Growth SIP Calculator
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For a period of
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₹0 (+0.0%)
This Fund
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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 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 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
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