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

INVEST VIA NRE/NRO

Kotak Bluechip Growth for NRI [704.63]

Min Investment

100

Fund Size

8,027.99 Cr

Expense Ratio

1.8%

Exit Load

1%

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

704.63

-0.02%

NAV as on 26 May 24, 12:00 AM

very high risk

large cap

equity

NAV as on 26 May 24, 12:00 AM

very high risk

large cap

equity

33.52%p.a.

Last 1Y

17.02%p.a.

Last 3Y

16.97%p.a.

Last 5Y

18.13%p.a.

Since Inception

About Kotak Bluechip Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Kotak Bluechip Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Dec 1998, Kotak Bluechip Growth is Large-Cap fund of its category with 8,027.99 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • Kotak Bluechip Growth delivered 33.5% annual returns during the last year. It has delivered 18.1% average annual returns since the fund was launched.
  • Kotak Bluechip 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 capital appreciation from a portfolio of predominantly equity and equity related securities falling under the category of large Cap companies. There is no assurance that the investment objective of the Scheme will be achieved.

Top 10 Holdings

ICICI Bank Ltd

6.85%

HDFC Bank Ltd

6.44%

Reliance Industries Ltd

5.48%

Infosys Ltd

4.16%

Larsen & Toubro Ltd

3.95%

Axis Bank Ltd

3.24%

Maruti Suzuki India Ltd

3.15%

Bharti Airtel Ltd

2.92%

Mahindra & Mahindra Ltd

2.89%

Tata Consultancy Services Ltd

2.68%

Fund Managers

  1. Arjun Khanna (Apr 2022 - Present)
  2. Rohit Tandon (Jan 2024 - Present)

Key Information

View Scheme Document

Kotak Bluechip 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 Kotak Bluechip 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 Kotak Bluechip 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 Kotak Bluechip 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