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
₹31.11
0.03%
NAV as on 24 Jul 24, 12:00 AM
very high risk
large & mid cap
equity
NAV as on 24 Jul 24, 12:00 AM
very high risk
large & mid cap
equity
38.14%p.a.
Last 1Y
17.70%p.a.
Last 3Y
23.52%p.a.
Last 5Y
21.91%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 13,274.51 Cr fund under management as on Jul 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 38.1% annual returns during the last year. It has delivered 21.9% 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
4.00%
ICICI Bank Ltd
2.98%
HDFC Bank Ltd
2.70%
Cholamandalam Investment and Finance Co Ltd
2.68%
CG Power & Industrial Solutions Ltd
2.65%
Reliance Industries Ltd
2.37%
Sona BLW Precision Forgings Ltd
1.98%
Larsen & Toubro Ltd
1.61%
State Bank of India
1.48%
Bharti Airtel Ltd
1.48%
Fund Managers
- Shreyash Devalkar (Aug 2023 - Present)
- Hitesh Das (Aug 2023 - Present)
- Krishnaa N (Mar 2024 - Present)
Key Information
View Scheme Document
Axis Growth Opportunities 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 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 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 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
Similar Funds
Funds
3Y Return
Mirae Asset Large & Midcap Fund Growth
very high risk | equity
18.1%
SBI Large & Midcap Fund Growth
very high risk | equity
20.3%
Kotak Equity Opportunities Fund Growth
very high risk | equity
22.3%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved