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

INVEST VIA NRE/NRO

Axis Silver Fund of Funds Growth for NRI [15.91]

Min Investment

5,000

Fund Size

41.85 Cr

Expense Ratio

0.7%

Exit Load

0.25%

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

15.91

0.30%

NAV as on 22 Jun 24, 12:00 AM

very high risk

sector precious metals

fof

NAV as on 22 Jun 24, 12:00 AM

very high risk

sector precious metals

fof

27.08%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

32.59%p.a.

Since Inception

About Axis Silver Fund of Funds Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Axis Silver Fund of Funds Growth scheme from Axis Asset Management Company Limited. It is a Sector - Precious Metals mutual fund scheme that predominantly invests in Sector - Precious Metals stocks of companies. Launched on Sep 2022, Axis Silver Fund of Funds Growth is Sector - Precious Metals fund of its category with 41.85 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.

  • Axis Silver Fund of Funds Growth delivered 27.1% annual returns during the last year. It has delivered 32.6% average annual returns since the fund was launched.
  • Axis Silver Fund of Funds Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in fof

Fund Objective

To provide long-term capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs. There is no assurance that the investment objective of the Scheme will be realized. However, there can be no assurance that the investment objective of the Scheme will be realized.

Top 1 Holdings

Axis Silver ETF

99.35%

Fund Managers

  1. Aditya Pagaria (Sep 2022 - Present)

Key Information

View Scheme Document

Axis Silver Fund of Funds 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 Silver Fund of Funds 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 Silver Fund of Funds 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 Silver Fund of Funds 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