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
₹10.40
-0.42%
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
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
9.53%p.a.
Since Inception
About Quant PSU Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Quant PSU 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 Feb 2024, Quant PSU Fund Growth is Equity - Other fund of its category with 993.24 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 PSU Fund Growth delivered 0.0% annual returns during the last year. It has delivered 9.5% average annual returns since the fund was launched.
- Quant PSU 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 objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of Public Sector Undertakings (PSUs). There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
NTPC Ltd
9.57%
Life Insurance Corporation of India
9.30%
Reliance Industries Ltd
9.04%
Indian Oil Corp Ltd
8.51%
Container Corporation of India Ltd
8.03%
Future on Bharat Petroleum Corp Ltd
7.12%
Future on Oil & Natural Gas Corp Ltd
7.05%
Steel Authority Of India Ltd
6.10%
Future on Hindustan Petroleum Corp Ltd
4.39%
Future on GAIL (India) Ltd
4.13%
Fund Managers
- Sanjeev Sharma (Feb 2024 - Present)
- Vasav Sahgal (Feb 2024 - Present)
- Ankit A. Pande (Feb 2024 - Present)
- Sandeep Tandon (Feb 2024 - Present)
Key Information
View Scheme Document
Quant PSU 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 PSU 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 PSU 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 PSU 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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