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
₹157.60
0.39%
NAV as on 16 Nov 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 16 Nov 24, 12:00 AM
very high risk
focused fund
equity
26.53%p.a.
Last 1Y
10.97%p.a.
Last 3Y
18.63%p.a.
Last 5Y
15.77%p.a.
Since Inception
About Sundaram Focused Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Sundaram Focused Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Nov 2005, Sundaram Focused Fund Growth is Focused Fund fund of its category with 1,104.83 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- Sundaram Focused Fund Growth delivered 26.5% annual returns during the last year. It has delivered 15.8% average annual returns since the fund was launched.
- Sundaram Focused 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 in companies across market capitalization.
Top 10 Holdings
HDFC Bank Ltd
8.64%
ICICI Bank Ltd
7.16%
Larsen & Toubro Ltd
5.54%
Reliance Industries Ltd
5.30%
Bharti Airtel Ltd
5.04%
State Bank of India
4.98%
Axis Bank Ltd
4.96%
Zomato Ltd
4.63%
Grasim Industries Ltd
3.59%
Bharat Electronics Ltd
3.55%
Fund Managers
- S. Bharath (Jul 2024 - Present)
- Ashwin Jain (Oct 2024 - Present)
Key Information
View Scheme Document
Sundaram Focused Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Sundaram Focused 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 Focused 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 Focused 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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SBI Focused Equity Fund Growth
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7.7%
HDFC Focused 30 Fund Growth
very high risk | equity
22.0%
Axis Focused Fund Growth
very high risk | equity
2.1%
Frequently Asked Questions
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