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
₹68.26
-0.37%
NAV as on 17 Dec 24, 12:00 AM
moderate risk
equity savings
equity
NAV as on 17 Dec 24, 12:00 AM
moderate risk
equity savings
equity
13.87%p.a.
Last 1Y
11.17%p.a.
Last 3Y
13.06%p.a.
Last 5Y
8.85%p.a.
Since Inception
About Sundaram Equity Savings Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Sundaram Equity Savings Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on May 2002, Sundaram Equity Savings Fund Growth is Equity Savings fund of its category with 1,004.76 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
- Sundaram Equity Savings Fund Growth delivered 13.9% annual returns during the last year. It has delivered 8.8% average annual returns since the fund was launched.
- Sundaram Equity Savings 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 income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity.
Top 10 Holdings
7.1% Govt Stock 2034
6.61%
Reliance Industries Ltd
6.04%
Bharti Airtel Ltd
5.23%
Future on Reliance Industries Ltd
5.15%
Axis Bank Ltd
4.12%
Infosys Ltd
3.95%
Future on Bharti Airtel Ltd
3.88%
Infosys Limited December 2024
3.26%
Future on Axis Bank Ltd
3.26%
ICICI Bank Ltd
2.92%
Fund Managers
- Dwijendra Srivastava (Jan 2022 - Present)
- Sudhir Kedia (Oct 2019 - Present)
- Rohit Seksaria (Jan 2022 - Present)
Key Information
View Scheme Document
Sundaram Equity Savings Fund Growth SIP Calculator
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
NRI Mutual Fund Tax on Sundaram Equity Savings 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 Equity Savings 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 Equity Savings 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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12.0%
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Frequently Asked Questions
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