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

INVEST VIA NRE/NRO

Nippon India Taiwan Equity Fund Growth for NRI [10.75]

Min Investment

500

Fund Size

425.34 Cr

Expense Ratio

2.4%

Exit Load

1%

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

10.75

0.72%

NAV as on 26 May 24, 12:00 AM

very high risk

global other

equity

NAV as on 26 May 24, 12:00 AM

very high risk

global other

equity

33.75%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

1.88%p.a.

Since Inception

About Nippon India Taiwan Equity Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Nippon India Taiwan Equity Fund Growth scheme from Nippon Life India Asset Management Ltd. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Dec 2021, Nippon India Taiwan Equity Fund Growth is Global - Other fund of its category with 425.34 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.

  • Nippon India Taiwan Equity Fund Growth delivered 33.8% annual returns during the last year. It has delivered 1.9% average annual returns since the fund was launched.
  • Nippon India Taiwan Equity 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 scheme is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on the recognized stock exchanges of Taiwan and the secondary objective is to generate consistent returns by investing in debt and money market securities of India. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Top 10 Holdings

Taiwan Semiconductor Manufacturing Co Ltd

8.73%

Asia Vital Components Co Ltd

6.58%

Alchip Technologies Ltd

5.76%

Lotes Co Ltd

5.36%

Wiwynn Corp Ordinary Shares

4.97%

eMemory Technology Inc

4.57%

Largan Precision Co Ltd

4.42%

Jentech Precision Industrial Co Ltd

4.14%

Taiwan Union Technology Corp

3.94%

Gigabyte Technology Co Ltd

3.94%

Fund Managers

  1. Kinjal Desai (Dec 2021 - Present)

Key Information

View Scheme Document

Nippon India Taiwan Equity 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 Taiwan Equity 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 Taiwan Equity 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 Taiwan Equity 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