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

INVEST VIA NRE/NRO

Sundaram Equity Savings Fund Growth for NRI [63.46]

Min Investment

100

Fund Size

773.21 Cr

Expense Ratio

2.2%

Exit Load

0%

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

63.46

-0.12%

NAV as on 30 Apr 24, 12:00 AM

moderately high risk

equity savings

equity

NAV as on 30 Apr 24, 12:00 AM

moderately high risk

equity savings

equity

20.81%p.a.

Last 1Y

12.99%p.a.

Last 3Y

12.07%p.a.

Last 5Y

8.71%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 773.21 Cr fund under management as on Apr 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 20.8% annual returns during the last year. It has delivered 8.7% 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

HDFC Bank Ltd

7.25%

Reliance Industries Ltd

6.93%

Future on Reliance Industries Ltd

5.58%

ICICI Bank Ltd

5.10%

Hdfc Bank Limited April 2024

4.97%

Sundaram Liquid Dir Gr

4.53%

Future on ICICI Bank Ltd

3.63%

Infosys Ltd

3.59%

Axis Bank Ltd

3.37%

364 DTB 02052025

3.07%

Fund Managers

  1. Dwijendra Srivastava (Jan 2022 - Present)
  2. Sudhir Kedia (Oct 2019 - Present)
  3. Rohit Seksaria (Jan 2022 - Present)

Key Information

View Scheme Document

Sundaram Equity Savings 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 Equity Savings 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 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

Frequently Asked Questions