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
₹15.97
-0.20%
NAV as on 25 Jul 24, 12:00 AM
very high risk
fund of funds
fof
NAV as on 25 Jul 24, 12:00 AM
very high risk
fund of funds
fof
36.45%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
21.28%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Equity ETFs FoF Growth scheme from Axis Asset Management Company Limited. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Feb 2022, Axis Equity ETFs FoF Growth is Fund of Funds fund of its category with 21.47 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
To provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. However, there can be no assurance that the investment objective of the Scheme will be achieved.
SBI Nifty Next 50 ETF
22.08%
Nippon India ETF Nifty Midcap 150
17.98%
Axis NIFTY Bank ETF
16.46%
Axis NIFTY India Consumption ETF
14.05%
Axis NIFTY 50 ETF
12.38%
Axis NIFTY IT ETF
6.23%
Axis NIFTY Healthcare ETF
3.80%
CPSE ETF
1.00%
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 | fof
19.8%
very high risk | fof
41.9%
very high risk | equity
0.0%