NRI from all over the world (excluding 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
₹13.65
0.89%
NAV as on 30 Apr 24, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 30 Apr 24, 12:00 AM
very high risk
elss (tax savings)
elss
33.82%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
23.21%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 93.67 Cr fund under management as on Apr 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 33.8% annual returns during the last year. It has delivered 23.2% 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
Multi Commodity Exchange of India Ltd
5.36%
Suven Pharmaceuticals Ltd
4.41%
Procter & Gamble Hygiene and Health Care Ltd
4.34%
Central Depository Services (India) Ltd
3.66%
Swan Energy Ltd
3.58%
Emami Ltd
3.29%
Godrej Industries Ltd
3.26%
Gillette India Ltd
3.20%
CRISIL Ltd
3.14%
Abbott India Ltd
3.10%
Fund Managers
- Nirali Bhansali (Dec 2022 - Present)
- Umeshkumar Mehta (Aug 2023 - Present)
Key Information
View Scheme Document
Samco ELSS Tax Saver Fund Growth SIP Calculator
If invested
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For a period of
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₹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 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 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
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12.0%
SBI Long Term Equity Fund Growth
very high risk | elss
28.7%
Mirae Asset ELSS Tax Saver Fund - Plan-Growth
very high risk | elss
18.6%
Frequently Asked Questions
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