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
₹10.68
-0.50%
NAV as on 07 Sep 24, 12:00 AM
very high risk
equity other
equity
NAV as on 07 Sep 24, 12:00 AM
very high risk
equity other
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
6.36%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Sundaram Business Cycle Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Jun 2024, Sundaram Business Cycle Fund Growth is Equity - Other fund of its category with 1,331.05 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
To provide long term capital appreciation by investing predominantly in equity and equity related securities with a focus on identifying medium term cycles which can impact the business fundamentals. This will be done through dynamic allocation between various themes and stocks at different stages of cycles in the economy. However, there can be no assurance that the investment objective of the Scheme will be achieved
Larsen & Toubro Ltd
5.23%
Bharti Airtel Ltd
5.07%
Reliance Industries Ltd
4.87%
Sapphire Foods India Ltd
3.25%
Amber Enterprises India Ltd Ordinary Shares
2.72%
HDFC Life Insurance Company Limited
2.66%
Hindalco Industries Ltd
2.49%
Jubilant Foodworks Ltd
2.24%
Multi Commodity Exchange of India Ltd
2.07%
Tata Motors Ltd
2.04%
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 | equity
29.9%
very high risk | equity
0.0%
very high risk | equity
24.3%