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

INVEST VIA NRE/NRO

Franklin Build India Fund Growth for NRI [143.67]

Min Investment

5,000

Fund Size

2,738.26 Cr

Expense Ratio

2.0%

Exit Load

1%

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

143.67

0.29%

NAV as on 25 Jul 24, 12:00 AM

very high risk

equity infrastructure

equity

NAV as on 25 Jul 24, 12:00 AM

very high risk

equity infrastructure

equity

67.84%p.a.

Last 1Y

34.41%p.a.

Last 3Y

28.75%p.a.

Last 5Y

19.68%p.a.

Since Inception

About Franklin Build India Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Franklin Build India Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Equity - Infrastructure mutual fund scheme that predominantly invests in Equity - Infrastructure stocks of companies. Launched on Sep 2009, Franklin Build India Fund Growth is Equity - Infrastructure fund of its category with 2,738.26 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Infrastructure funds.

  • Franklin Build India Fund Growth delivered 67.8% annual returns during the last year. It has delivered 19.7% average annual returns since the fund was launched.
  • Franklin Build India 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

The Scheme seeks to achieve capital appreciation through investments in companies engaged either directly or indirectly in infrastructure-related activities.

Top 10 Holdings

Larsen & Toubro Ltd

8.75%

NTPC Ltd

5.43%

Reliance Industries Ltd

5.03%

Kirloskar Oil Engines Ltd

4.80%

ICICI Bank Ltd

4.71%

Oil & Natural Gas Corp Ltd

4.51%

Power Grid Corp Of India Ltd

4.07%

Kirloskar Pneumatic Co Ltd

3.98%

Bharti Airtel Ltd

3.74%

KEI Industries Ltd

3.53%

Fund Managers

  1. Ajay Argal (Oct 2021 - Present)
  2. Kiran Sebastian (Feb 2022 - Present)
  3. Sandeep Manam (Oct 2021 - Present)

Key Information

View Scheme Document

Franklin Build India 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 Franklin Build India 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 Franklin Build India 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 Franklin Build India 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