NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Taurus Nifty 50 Index Fund Growth Option for NRI [46.42]

Min Investment

500

Fund Size

4.68 Cr

Expense Ratio

1.0%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

46.42

0.04%

NAV as on 04 Dec 24, 12:00 AM

very high risk

index funds

equity

NAV as on 04 Dec 24, 12:00 AM

very high risk

index funds

equity

18.04%p.a.

Last 1Y

12.51%p.a.

Last 3Y

15.75%p.a.

Last 5Y

11.10%p.a.

Since Inception

About Taurus Nifty 50 Index Fund Growth Option for NRIs

NRIs can achieve long-term capital appreciation by investing in the Taurus Nifty 50 Index Fund Growth Option scheme from Taurus Asset Management Company Limited. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Jun 2010, Taurus Nifty 50 Index Fund Growth Option is Index Funds fund of its category with 4.68 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.

  • Taurus Nifty 50 Index Fund Growth Option delivered 18.0% annual returns during the last year. It has delivered 11.1% average annual returns since the fund was launched.
  • Taurus Nifty 50 Index Fund Growth Option 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 replicate the Nifty 50 by investing in securities of the Nifty 50 Index in the same proportion/ weightage.

Top 10 Holdings

HDFC Bank Ltd

11.94%

ICICI Bank Ltd

8.25%

Reliance Industries Ltd

8.19%

Infosys Ltd

5.73%

ITC Ltd

4.12%

Bharti Airtel Ltd

3.92%

Larsen & Toubro Ltd

3.87%

Tata Consultancy Services Ltd

3.68%

Axis Bank Ltd

3.00%

State Bank of India

2.86%

Fund Managers

  1. Anuj Kapil (Aug 2023 - Present)

Key Information

View Scheme Document

Taurus Nifty 50 Index Fund Growth Option SIP Calculator

If invested

5,000

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 Taurus Nifty 50 Index Fund Growth Option

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Taurus Nifty 50 Index Fund Growth Option?

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 Taurus Nifty 50 Index Fund Growth Option
  • 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

Frequently Asked Questions