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
₹21.45
-0.37%
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
39.46%p.a.
Last 1Y
18.00%p.a.
Last 3Y
15.40%p.a.
Last 5Y
14.90%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Shriram ELSS Tax Saver Fund Growth scheme from Shriram Asset Management Co Ltd. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Jan 2019, Shriram ELSS Tax Saver Fund Growth is ELSS (Tax Savings) fund of its category with 47.33 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.
The primary investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and enable investors to avail the income tax rebate, as permitted from time to time. 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.
Reliance Industries Ltd
8.03%
ICICI Bank Ltd
6.11%
HDFC Bank Ltd
4.60%
Jio Financial Services Ltd
3.55%
Larsen & Toubro Ltd
3.27%
ITC Ltd
2.96%
Tata Motors Ltd Class A
2.45%
Nifty
2.38%
Hindustan Aeronautics Ltd Ordinary Shares
2.34%
Tata Consumer Products Ltd
2.31%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | elss
12.0%
very high risk | elss
28.7%
very high risk | elss
18.6%