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
₹21.03
-0.34%
NAV as on 30 Apr 24, 12:00 AM
very high risk
flexi cap
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
flexi cap
equity
42.28%p.a.
Last 1Y
19.34%p.a.
Last 3Y
14.76%p.a.
Last 5Y
13.53%p.a.
Since Inception
About Shriram Flexi Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Shriram Flexi Cap Fund Growth scheme from Shriram Asset Management Co Ltd. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Sep 2018, Shriram Flexi Cap Fund Growth is Flexi Cap fund of its category with 83.51 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.
- Shriram Flexi Cap Fund Growth delivered 42.3% annual returns during the last year. It has delivered 13.5% average annual returns since the fund was launched.
- Shriram Flexi Cap 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 investment objective of the scheme is to generate long term capital appreciation by investing in an actively managed portfolio predominantly consisting of Equity & equity related securities diversified over various sectors. 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
8.70%
ICICI Bank Ltd
6.84%
HDFC Bank Ltd
4.99%
Larsen & Toubro Ltd
4.16%
Tata Consultancy Services Ltd
2.78%
Nifty
2.69%
Maruti Suzuki India Ltd
2.58%
Tata Motors Ltd Class A
2.43%
Hindustan Aeronautics Ltd Ordinary Shares
2.27%
Tata Consumer Products Ltd
2.22%
Fund Managers
- Gargi Banerjee (Sep 2018 - Present)
- Deepak Ramaraju (Aug 2022 - Present)
Key Information
View Scheme Document
Shriram Flexi Cap Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Shriram Flexi Cap 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 Shriram Flexi Cap 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 Shriram Flexi Cap 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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