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
₹334.02
0.45%
NAV as on 30 Apr 24, 12:00 AM
very high risk
multi cap
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
multi cap
equity
41.64%p.a.
Last 1Y
22.79%p.a.
Last 3Y
18.58%p.a.
Last 5Y
15.91%p.a.
Since Inception
About Sundaram Multi Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Sundaram Multi Cap Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Oct 2000, Sundaram Multi Cap Fund Growth is Multi-Cap fund of its category with 2,374.04 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
- Sundaram Multi Cap Fund Growth delivered 41.6% annual returns during the last year. It has delivered 15.9% average annual returns since the fund was launched.
- Sundaram Multi Cap 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 capital appreciation by investing in a diversified portfolio of equity & equity related instruments across market capitalisation.
Top 10 Holdings
Reliance Industries Ltd
5.20%
ICICI Bank Ltd
4.48%
HDFC Bank Ltd
4.16%
Axis Bank Ltd
3.24%
Power Finance Corp Ltd
3.19%
KSB Ltd
2.98%
Indian Bank
2.78%
NTPC Ltd
2.77%
Sun Pharmaceuticals Industries Ltd
2.53%
Infosys Ltd
2.52%
Fund Managers
- Ratish Varier (Jan 2022 - Present)
- Sudhir Kedia (Jan 2022 - Present)
Key Information
View Scheme Document
Sundaram Multi Cap Fund Growth SIP Calculator
If invested
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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 Multi Cap 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 Multi Cap 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 Multi Cap 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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