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
₹11.20
-0.88%
NAV as on 07 Nov 24, 12:00 AM
very high risk
index funds
equity
NAV as on 07 Nov 24, 12:00 AM
very high risk
index funds
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
11.64%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Tata Nifty Financial Services Index Fund Growth scheme from Tata Asset Management Limited. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Apr 2024, Tata Nifty Financial Services Index Fund Growth is Index Funds fund of its category with 44.33 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
The investment objective of the scheme is to provide returns, before expenses, that is commensurate with the performance of Nifty Financial Services Index (TRI), subject to tracking error.
HDFC Bank Ltd
31.13%
ICICI Bank Ltd
21.37%
Axis Bank Ltd
8.36%
State Bank of India
7.53%
Kotak Mahindra Bank Ltd
6.79%
Bajaj Finance Ltd
5.35%
Bajaj Finserv Ltd
2.67%
Shriram Finance Ltd
2.48%
SBI Life Insurance Co Ltd
2.07%
HDFC Life Insurance Co Ltd
1.89%
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
11.6%
very high risk | equity
11.6%
very high risk | equity
11.5%