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
₹45.54
1.47%
NAV as on 15 Sep 24, 12:00 AM
very high risk
equity other
equity
NAV as on 15 Sep 24, 12:00 AM
very high risk
equity other
equity
37.28%p.a.
Last 1Y
15.98%p.a.
Last 3Y
27.19%p.a.
Last 5Y
19.22%p.a.
Since Inception
About Tata Resources & Energy Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Tata Resources & Energy 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 Dec 2015, Tata Resources & Energy Fund Growth is Equity - Other fund of its category with 985.43 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- Tata Resources & Energy Fund Growth delivered 37.3% annual returns during the last year. It has delivered 19.2% average annual returns since the fund was launched.
- Tata Resources & Energy 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 provide long term capital appreciation by investing atleast 80% of it’s net assets in equity/equity related instruments of the companies in the Resources& Energy 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
NTPC Ltd
7.60%
Reliance Industries Ltd
6.40%
Vedanta Ltd
4.33%
UltraTech Cement Ltd
3.56%
Oil & Natural Gas Corp Ltd
3.52%
Paradeep Phosphates Ltd
3.24%
Coal India Ltd
3.20%
Ambuja Cements Ltd
3.01%
Adani Energy Solutions Ltd
2.88%
Adani Power Ltd
2.85%
Fund Managers
- Satish Mishra (Mar 2021 - Present)
Key Information
View Scheme Document
Tata Resources & Energy 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 Resources & Energy 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 Resources & Energy 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 Resources & Energy 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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