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

INVEST VIA NRE/NRO

Axis Growth Opportunities Fund Growth for NRI [30.79]

Min Investment

100

Fund Size

12,424.49 Cr

Expense Ratio

1.7%

Exit Load

1%

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

30.79

0.26%

NAV as on 20 Jun 24, 12:00 AM

very high risk

large & mid cap

equity

NAV as on 20 Jun 24, 12:00 AM

very high risk

large & mid cap

equity

36.84%p.a.

Last 1Y

19.59%p.a.

Last 3Y

23.08%p.a.

Last 5Y

20.93%p.a.

Since Inception

About Axis Growth Opportunities Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Axis Growth Opportunities Fund Growth scheme from Axis Asset Management Company Limited. It is a Large & Mid-Cap mutual fund scheme that predominantly invests in Large & Mid-Cap stocks of companies. Launched on Oct 2018, Axis Growth Opportunities Fund Growth is Large & Mid-Cap fund of its category with 12,424.49 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Large & Mid-Cap funds.

  • Axis Growth Opportunities Fund Growth delivered 36.8% annual returns during the last year. It has delivered 20.9% average annual returns since the fund was launched.
  • Axis Growth Opportunities 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 generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Top 10 Holdings

Torrent Power Ltd

4.28%

ICICI Bank Ltd

2.98%

CG Power & Industrial Solutions Ltd

2.67%

Cholamandalam Investment and Finance Co Ltd

2.50%

Sona BLW Precision Forgings Ltd

2.15%

Reliance Industries Ltd

1.97%

Indian Hotels Co Ltd

1.92%

Bharti Airtel Ltd

1.71%

Larsen & Toubro Ltd

1.63%

Cummins India Ltd

1.62%

Fund Managers

  1. Shreyash Devalkar (Aug 2023 - Present)
  2. Hitesh Das (Aug 2023 - Present)
  3. Krishnaa N (Mar 2024 - Present)

Key Information

View Scheme Document

Axis Growth Opportunities 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 Growth Opportunities 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 Growth Opportunities 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 Growth Opportunities 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