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
₹44.08
1.11%
NAV as on 23 Nov 24, 12:00 AM
very high risk
equity consumption
equity
NAV as on 23 Nov 24, 12:00 AM
very high risk
equity consumption
equity
29.46%p.a.
Last 1Y
18.25%p.a.
Last 3Y
20.57%p.a.
Last 5Y
18.48%p.a.
Since Inception
About Tata India Consumer Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Tata India Consumer Fund Growth scheme from Tata Asset Management Limited. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Dec 2015, Tata India Consumer Fund Growth is Equity - Consumption fund of its category with 2,374.84 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.
- Tata India Consumer Fund Growth delivered 29.5% annual returns during the last year. It has delivered 18.5% average annual returns since the fund was launched.
- Tata India Consumer 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 seek long term capital appreciation by investing atleast 80% of its assets in equity/equity related instruments of the companies in the Consumption Oriented sectors in India.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
ITC Ltd
9.91%
Zomato Ltd
8.91%
Radico Khaitan Ltd
5.98%
Bikaji Foods International Ltd
4.27%
Trent Ltd
4.05%
Tata Consumer Products Ltd
4.00%
DOMS Industries Ltd
3.69%
Nestle India Ltd
3.48%
Dixon Technologies (India) Ltd
3.16%
Maruti Suzuki India Ltd
2.75%
Fund Managers
- Sonam Udasi (Apr 2016 - Present)
- Aditya Bagul (Oct 2023 - Present)
Key Information
View Scheme Document
Tata India Consumer Fund Growth SIP Calculator
If invested
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 Tata India Consumer 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 India Consumer 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 India Consumer 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
Aditya Birla Sun Life India GenNext Fund Growth
very high risk | equity
14.1%
Axis Consumption Fund Growth
very high risk | equity
0.0%
Mirae Asset Great Consumer Growth
very high risk | equity
17.3%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved