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

INVEST VIA NRE/NRO

Sundaram Focused Fund Growth for NRI [156.98]

Min Investment

300

Fund Size

1,104.83 Cr

Expense Ratio

2.2%

Exit Load

0.25%

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

156.98

-1.48%

NAV as on 13 Nov 24, 12:00 AM

very high risk

focused fund

equity

NAV as on 13 Nov 24, 12:00 AM

very high risk

focused fund

equity

26.03%p.a.

Last 1Y

10.82%p.a.

Last 3Y

18.59%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 26.0% 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

  1. S. Bharath (Jul 2024 - Present)
  2. Ashwin Jain (Oct 2024 - Present)

Key Information

View Scheme Document

Sundaram Focused 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 Focused 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 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

Frequently Asked Questions