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
₹136.75
0.52%
NAV as on 19 Nov 24, 12:00 AM
very high risk
dividend yield
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
dividend yield
equity
33.87%p.a.
Last 1Y
18.47%p.a.
Last 3Y
24.52%p.a.
Last 5Y
15.46%p.a.
Since Inception
About Templeton India Equity Income Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Templeton India Equity Income Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Dividend Yield mutual fund scheme that predominantly invests in Dividend Yield stocks of companies. Launched on May 2006, Templeton India Equity Income Fund Growth is Dividend Yield fund of its category with 2,414.04 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dividend Yield funds.
- Templeton India Equity Income Fund Growth delivered 33.9% annual returns during the last year. It has delivered 15.5% average annual returns since the fund was launched.
- Templeton India Equity Income 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 Scheme seeks to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield, by using a value strategy
Top 10 Holdings
NTPC Ltd
6.42%
Infosys Ltd
5.00%
NHPC Ltd
4.79%
HCL Technologies Ltd
4.69%
ITC Ltd
4.15%
HDFC Bank Ltd
4.10%
Oil & Natural Gas Corp Ltd
3.86%
Power Grid Corp Of India Ltd
3.83%
Embassy Office Parks Reit
3.48%
GAIL (India) Ltd
3.48%
Fund Managers
- Ajay Argal (Dec 2023 - Present)
- Sandeep Manam (Oct 2021 - Present)
- Rajasa Kakulavarapu (Sep 2021 - Present)
Key Information
View Scheme Document
Templeton India Equity Income 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 Templeton India Equity Income 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 Templeton India Equity Income 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 Templeton India Equity Income 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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