NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Sundaram Consumption Fund Growth for NRI [96.54]

Min Investment

100

Fund Size

1,723.71 Cr

Expense Ratio

2.1%

Exit Load

0.5%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

96.54

-0.01%

NAV as on 11 Nov 24, 12:00 AM

very high risk

equity consumption

equity

NAV as on 11 Nov 24, 12:00 AM

very high risk

equity consumption

equity

27.25%p.a.

Last 1Y

17.03%p.a.

Last 3Y

17.99%p.a.

Last 5Y

13.04%p.a.

Since Inception

About Sundaram Consumption Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Sundaram Consumption Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on May 2006, Sundaram Consumption Fund Growth is Equity - Consumption fund of its category with 1,723.71 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.

  • Sundaram Consumption Fund Growth delivered 27.3% annual returns during the last year. It has delivered 13.0% average annual returns since the fund was launched.
  • Sundaram Consumption 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 is to generate long term capital appreciation by investing in a portfolio of companies that are likely to benefit directly from consumption led demand in India.

Top 10 Holdings

Bharti Airtel Ltd

9.80%

ITC Ltd

8.99%

Kalyan Jewellers India Ltd

8.10%

Mahindra & Mahindra Ltd

6.29%

Hindustan Unilever Ltd

6.01%

Titan Co Ltd

5.67%

Maruti Suzuki India Ltd

5.07%

Zomato Ltd

4.76%

United Spirits Ltd

4.18%

Safari Industries (India) Ltd

3.36%

Fund Managers

  1. Ratish Varier (Jan 2022 - Present)
  2. (Jul 2024 - Present)

Key Information

View Scheme Document

Sundaram Consumption Fund Growth SIP Calculator

If invested

5,000

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

NRI Mutual Fund Tax on Sundaram Consumption Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Sundaram Consumption 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 Sundaram Consumption 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

Frequently Asked Questions