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
₹30.63
-0.23%
NAV as on 30 Apr 24, 12:00 AM
very high risk
aggressive allocation
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
aggressive allocation
equity
31.92%p.a.
Last 1Y
14.72%p.a.
Last 3Y
12.86%p.a.
Last 5Y
11.11%p.a.
Since Inception
About Shriram Hybrid Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Shriram Hybrid Equity Fund Growth scheme from Shriram Asset Management Co Ltd. It is a Aggressive Allocation mutual fund scheme that predominantly invests in Aggressive Allocation stocks of companies. Launched on Nov 2013, Shriram Hybrid Equity Fund Growth is Aggressive Allocation fund of its category with 46 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Aggressive Allocation funds.
- Shriram Hybrid Equity Fund Growth delivered 31.9% annual returns during the last year. It has delivered 11.1% average annual returns since the fund was launched.
- Shriram Hybrid Equity 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 investment objective of the scheme would be to generate long-term capital appreciation and current income with reduced volatility by investing in a judicious mix of a diversified portfolio of Equity and Equity-related investments, debt and money-market instruments.
Top 10 Holdings
Reliance Industries Ltd
7.59%
LIC Housing Finance Ltd
6.83%
6.54% Govt Stock 2032
6.40%
Rural Electrification Corporation Limited
6.08%
Rural Electrification Corporation Limited
4.70%
HDFC Bank Ltd
4.35%
Jio Financial Services Ltd
3.53%
ICICI Bank Ltd
3.35%
Maruti Suzuki India Ltd
3.24%
Larsen & Toubro Ltd
3.19%
Fund Managers
- Gargi Banerjee (Nov 2016 - Present)
- Deepak Ramaraju (Aug 2022 - Present)
Key Information
View Scheme Document
Shriram Hybrid Equity Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Shriram Hybrid Equity 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 Hybrid Equity 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 Hybrid Equity 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
Similar Funds
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3Y Return
SBI Equity Hybrid Fund Growth
very high risk | hybrid (nc)
14.1%
ICICI Prudential Equity & Debt Fund Growth
very high risk | equity
25.9%
HDFC Hybrid Equity Fund Growth
very high risk | hybrid (nc)
16.4%
Frequently Asked Questions
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