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

INVEST VIA NRE/NRO

Nippon India Multi Cap Fund - Growth for NRI [300.86]

Min Investment

100

Fund Size

38,115.28 Cr

Expense Ratio

1.6%

Exit Load

1%

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

300.86

-1.92%

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

46.00%p.a.

Last 1Y

28.35%p.a.

Last 3Y

27.21%p.a.

Last 5Y

19.17%p.a.

Since Inception

About Nippon India Multi Cap Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Nippon India Multi Cap Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Mar 2005, Nippon India Multi Cap Fund - Growth is Multi-Cap fund of its category with 38,115.28 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.

  • Nippon India Multi Cap Fund - Growth delivered 46.0% annual returns during the last year. It has delivered 19.2% average annual returns since the fund was launched.
  • Nippon India 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 primary investment objective of the scheme is to seek to generate capital appreciation & provide longterm growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities.

Top 10 Holdings

HDFC Bank Ltd

5.80%

ICICI Bank Ltd

3.29%

Infosys Ltd

3.21%

Reliance Industries Ltd

2.93%

Linde India Ltd

2.89%

GE T&D India Ltd

2.59%

Axis Bank Ltd

2.56%

NTPC Ltd

2.51%

EIH Ltd

2.49%

Vesuvius India Ltd

2.24%

Fund Managers

  1. Sailesh Raj Bhan (Mar 2005 - Present)
  2. Ashutosh Bhargava (Sep 2021 - Present)
  3. Kinjal Desai (May 2018 - Present)

Key Information

View Scheme Document

Nippon India Multi Cap 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 Nippon India Multi Cap 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 Nippon India 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 Nippon India 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

Frequently Asked Questions