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
₹19.60
-1.97%
NAV as on 03 Oct 24, 12:00 AM
very high risk
multi cap
equity
NAV as on 03 Oct 24, 12:00 AM
very high risk
multi cap
equity
46.13%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
27.84%p.a.
Since Inception
About HDFC Multi Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Multi Cap Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Dec 2021, HDFC Multi Cap Fund Growth is Multi-Cap fund of its category with 17,185.76 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
- HDFC Multi Cap Fund Growth delivered 46.1% annual returns during the last year. It has delivered 27.8% average annual returns since the fund was launched.
- HDFC Multi Cap 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 investment objective of the Scheme is to generate long term capital appreciation by investing in equity and equity related securities of large cap, mid cap and small cap companies. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
3.58%
ICICI Bank Ltd
3.11%
Infosys Ltd
2.39%
Axis Bank Ltd
2.04%
Reliance Industries Ltd
1.81%
HCL Technologies Ltd
1.54%
IndusInd Bank Ltd
1.26%
Aurobindo Pharma Ltd
1.20%
Tata Consultancy Services Ltd
1.18%
Bharti Airtel Ltd
1.16%
Fund Managers
- Gopal Agrawal (Dec 2021 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC Multi Cap 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 HDFC Multi Cap 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 HDFC Multi Cap 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 HDFC Multi Cap 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
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27.5%
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0.0%
Kotak Multicap Fund Growth
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25.3%
Frequently Asked Questions
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