NRI from all over the world (including 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
₹366.53
-1.09%
NAV as on 05 Oct 24, 12:00 AM
very high risk
equity other
equity
NAV as on 05 Oct 24, 12:00 AM
very high risk
equity other
equity
58.71%p.a.
Last 1Y
33.69%p.a.
Last 3Y
31.91%p.a.
Last 5Y
19.53%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Power & Infra Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on May 2004, Nippon India Power & Infra Fund - Growth is Equity - Other fund of its category with 7,638.02 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
The investment objective of the scheme is to seek long term capital appreciation by investing in equity/equity related instruments of the companies that are engaged in power and infrastructure space in India. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Larsen & Toubro Ltd
9.70%
Reliance Industries Ltd
7.51%
NTPC Ltd
6.27%
Kaynes Technology India Ltd
5.79%
Bharti Airtel Ltd
5.20%
Bosch Ltd
4.24%
UltraTech Cement Ltd
4.00%
Carborundum Universal Ltd
3.59%
Honeywell Automation India Ltd
3.34%
Power Grid Corp Of India Ltd
3.31%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
26.4%
very high risk | equity
0.0%
very high risk | equity
23.3%