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
₹133.83
0.53%
NAV as on 19 Nov 24, 12:00 AM
very high risk
dividend yield
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
dividend yield
equity
27.35%p.a.
Last 1Y
15.72%p.a.
Last 3Y
19.81%p.a.
Last 5Y
13.97%p.a.
Since Inception
About Sundaram Dividend Yield Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Sundaram Dividend Yield Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Dividend Yield mutual fund scheme that predominantly invests in Dividend Yield stocks of companies. Launched on Oct 2004, Sundaram Dividend Yield Fund Growth is Dividend Yield fund of its category with 932.84 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dividend Yield funds.
- Sundaram Dividend Yield Fund Growth delivered 27.4% annual returns during the last year. It has delivered 14.0% average annual returns since the fund was launched.
- Sundaram Dividend Yield 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 provide capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of companies that have a relatively high dividend yield.
Top 10 Holdings
HDFC Bank Ltd
6.05%
Infosys Ltd
4.05%
ICICI Bank Ltd
3.88%
NTPC Ltd
3.68%
Tata Consultancy Services Ltd
2.55%
Reliance Industries Ltd
2.54%
State Bank of India
2.46%
ITC Ltd
2.38%
Power Grid Corp Of India Ltd
2.32%
Larsen & Toubro Ltd
2.21%
Fund Managers
- Ratish Varier (Jan 2022 - Present)
- Ashish Aggarwal (Jan 2022 - Present)
Key Information
View Scheme Document
Sundaram Dividend Yield Fund Growth SIP Calculator
If invested
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on Sundaram Dividend Yield 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 Sundaram Dividend Yield 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 Dividend Yield 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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0.0%
HDFC Dividend Yield Fund Growth
very high risk | equity
19.2%
ICICI Prudential Dividend Yield Equity Fund Growth
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22.7%
Frequently Asked Questions
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