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

INVEST VIA NRE/NRO

Axis Greater China Equity Fund of Fund Growth for NRI [7.07]

Min Investment

100

Fund Size

173.58 Cr

Expense Ratio

1.6%

Exit Load

1%

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

7.07

-0.42%

NAV as on 20 Jun 24, 12:00 AM

very high risk

global other

equity

NAV as on 20 Jun 24, 12:00 AM

very high risk

global other

equity

-1.12%p.a.

Last 1Y

-8.99%p.a.

Last 3Y

0.00%p.a.

Last 5Y

-10.79%p.a.

Since Inception

About Axis Greater China Equity Fund of Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Axis Greater China Equity Fund of Fund Growth scheme from Axis Asset Management Company Limited. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Feb 2021, Axis Greater China Equity Fund of Fund Growth is Global - Other fund of its category with 173.58 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.

  • Axis Greater China Equity Fund of Fund Growth delivered -1.1% annual returns during the last year. It has delivered -10.8% average annual returns since the fund was launched.
  • Axis Greater China Equity Fund of 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

To provide long term capital appreciation by predominatingly investing in units of Schroder International Selection Fund Greater China, a fund that aims to provide capital growth by investing in equity and equity related securities of People's Republic of China, Hong Kong SAR and Taiwan companies. The Scheme may also invest a part of its corpus in debt, money market instruments and / or units of liquid schemes in order to meet liquidity requirements from time to time.

Top 1 Holdings

Schroder ISF Greater China X Acc USD

98.06%

Fund Managers

  1. Krishnaa N (Mar 2024 - Present)

Key Information

View Scheme Document

Axis Greater China Equity Fund of Fund Growth 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 Axis Greater China Equity Fund of Fund Growth

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 Axis Greater China Equity Fund of 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 Axis Greater China Equity Fund of 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

Frequently Asked Questions