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

INVEST VIA NRE/NRO

Samco ELSS Tax Saver Fund Growth for NRI [15.15]

Min Investment

500

Fund Size

119.99 Cr

Expense Ratio

2.4%

Exit Load

0%

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

15.15

0.87%

NAV as on 09 Dec 24, 12:00 AM

very high risk

elss (tax savings)

elss

NAV as on 09 Dec 24, 12:00 AM

very high risk

elss (tax savings)

elss

17.35%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

21.40%p.a.

Since Inception

About Samco ELSS Tax Saver Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Samco ELSS Tax Saver Fund Growth scheme from Samco Asset Management Pvt Ltd. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Dec 2022, Samco ELSS Tax Saver Fund Growth is ELSS (Tax Savings) fund of its category with 119.99 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.

  • Samco ELSS Tax Saver Fund Growth delivered 17.4% annual returns during the last year. It has delivered 21.4% average annual returns since the fund was launched.
  • Samco ELSS Tax Saver Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in elss

Fund Objective

The investment objective of the scheme is to generate long-term capital appreciation through investments made predominantly in equity and equity related instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Top 10 Holdings

Motilal Oswal Financial Services Ltd

7.76%

Godfrey Phillips India Ltd

4.50%

Nippon Life India Asset Management Ltd Ordinary Shares

3.90%

Solar Industries India Ltd

3.89%

Persistent Systems Ltd

3.51%

National Aluminium Co Ltd

3.39%

Voltas Ltd

3.13%

Gillette India Ltd

3.05%

360 One Wam Ltd Ordinary Shares

3.00%

Suven Pharmaceuticals Ltd

2.90%

Fund Managers

  1. Nirali Bhansali (Dec 2022 - Present)
  2. Umeshkumar Mehta (Aug 2023 - Present)

Key Information

View Scheme Document

Samco ELSS Tax Saver 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 Samco ELSS Tax Saver 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 Samco ELSS Tax Saver 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 Samco ELSS Tax Saver 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