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
₹389.59
0.53%
NAV as on 30 Apr 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
mid cap
equity
56.24%p.a.
Last 1Y
25.24%p.a.
Last 3Y
23.12%p.a.
Last 5Y
12.85%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Tata Mid Cap Growth Fund Growth scheme from Tata Asset Management Limited. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Jul 1994, Tata Mid Cap Growth Fund Growth is Mid-Cap fund of its category with 3,348.4 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
To provide income distribution and / or medium to long term capital gains. Investments would be focused towards mid-cap stocks. 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.
Thermax Ltd
3.66%
Cummins India Ltd
3.41%
Aurobindo Pharma Ltd
3.25%
Bharat Heavy Electricals Ltd
3.10%
PI Industries Ltd
2.89%
CreditAccess Grameen Ltd Ordinary Shares
2.58%
AIA Engineering Ltd
2.57%
Lupin Ltd
2.41%
Bharat Electronics Ltd
2.41%
Kajaria Ceramics Ltd
2.39%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
29.7%
very high risk | equity
23.8%
very high risk | equity
20.1%