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
₹90.51
0.13%
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity infrastructure
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity infrastructure
equity
37.49%p.a.
Last 1Y
18.53%p.a.
Last 3Y
23.40%p.a.
Last 5Y
12.50%p.a.
Since Inception
About Sundaram Infrastructure Advantage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Sundaram Infrastructure Advantage Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Equity - Infrastructure mutual fund scheme that predominantly invests in Equity - Infrastructure stocks of companies. Launched on Sep 2005, Sundaram Infrastructure Advantage Fund Growth is Equity - Infrastructure fund of its category with 1,000.18 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Infrastructure funds.
- Sundaram Infrastructure Advantage Fund Growth delivered 37.5% annual returns during the last year. It has delivered 12.5% average annual returns since the fund was launched.
- Sundaram Infrastructure Advantage 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
To generate long-term returns by investing predominantly in equity / equity-related instruments of companies engaged either directly or indirectly in infrastructure - and infrastructure related activities or expected to benefit from the growth and development of infrastructure
Top 10 Holdings
Larsen & Toubro Ltd
7.42%
Bharti Airtel Ltd
6.72%
NTPC Ltd
5.59%
Reliance Industries Ltd
5.46%
UltraTech Cement Ltd
3.54%
Power Grid Corp Of India Ltd
2.41%
Amber Enterprises India Ltd Ordinary Shares
2.11%
Esab India Ltd
2.01%
Bharat Electronics Ltd
1.85%
Bharat Petroleum Corp Ltd
1.79%
Fund Managers
- Ratish Varier (Jul 2020 - Present)
- Ashish Aggarwal (Jan 2022 - Present)
Key Information
View Scheme Document
Sundaram Infrastructure Advantage Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Sundaram Infrastructure Advantage 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 Infrastructure Advantage 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 Infrastructure Advantage 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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Frequently Asked Questions
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