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
₹18.57
0.46%
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity other
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity other
equity
28.31%p.a.
Last 1Y
20.20%p.a.
Last 3Y
0.00%p.a.
Last 5Y
22.55%p.a.
Since Inception
About Tata Business Cycle Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Tata Business Cycle Fund Growth scheme from Tata Asset Management Limited. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Aug 2021, Tata Business Cycle Fund Growth is Equity - Other fund of its category with 2,885.41 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- Tata Business Cycle Fund Growth delivered 28.3% annual returns during the last year. It has delivered 22.6% average annual returns since the fund was launched.
- Tata Business Cycle 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 capital appreciation by investing with focus on riding business cycles through allocation between sectors and stocks at different stages of business cycles. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Top 10 Holdings
HDFC Bank Ltd
4.57%
Reliance Industries Ltd
3.86%
ICICI Bank Ltd
3.82%
Bharti Airtel Ltd
3.33%
Larsen & Toubro Ltd
2.70%
Axis Bank Ltd
2.42%
Kotak Mahindra Bank Ltd
2.22%
KEC International Ltd
2.12%
HDFC Life Insurance Co Ltd
1.98%
Metropolis Healthcare Ltd
1.87%
Fund Managers
- Murthy Nagarajan (Aug 2021 - Present)
- Rahul Singh (Aug 2021 - Present)
- Sailesh Jain (Dec 2021 - Present)
- Kapil Malhotra (Dec 2023 - Present)
Key Information
View Scheme Document
Tata Business Cycle Fund Growth SIP Calculator
If invested
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Fixed Deposit
NRI Mutual Fund Tax on Tata Business Cycle 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 Tata Business Cycle 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 Tata Business Cycle 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
Similar Funds
Funds
3Y Return
ICICI Prudential India Opportunities Fund Growth
very high risk | equity
23.8%
HDFC Manufacturing Fund Growth
very high risk | equity
0.0%
ICICI Prudential Business Cycle Fund Growth
very high risk | equity
19.5%
Frequently Asked Questions
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