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
₹125.46
0.47%
NAV as on 08 Dec 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 08 Dec 24, 12:00 AM
very high risk
mid cap
equity
21.31%p.a.
Last 1Y
20.38%p.a.
Last 3Y
23.98%p.a.
Last 5Y
8.62%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Taurus Discovery (Midcap) Fund - Growth Option scheme from Taurus Asset Management Company Limited. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Sep 1994, Taurus Discovery (Midcap) Fund - Growth Option is Mid-Cap fund of its category with 129.21 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
The prime objective of the Scheme is to achieve long term capital appreciation by investing in a portfolio consisting of equity and equity related securities predominantly of mid cap companies.
Bank of India
4.22%
Aditya Birla Capital Ltd
3.29%
Inox Wind Energy Ltd Ordinary Shares
3.27%
Coforge Ltd
3.18%
Dalmia Bharat Ltd
3.10%
The Federal Bank Ltd
2.89%
Indian Hotels Co Ltd
2.75%
Astral Ltd
2.74%
Steel Authority Of India Ltd
2.55%
REC Ltd
2.45%
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
29.2%
very high risk | equity
24.3%
very high risk | equity
28.1%