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

INVEST VIA NRE/NRO

Templeton India Equity Income Fund Growth for NRI [136.78]

Min Investment

5,000

Fund Size

2,210.68 Cr

Expense Ratio

2.1%

Exit Load

1%

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

136.78

0.14%

NAV as on 20 Jun 24, 12:00 AM

very high risk

dividend yield

equity

NAV as on 20 Jun 24, 12:00 AM

very high risk

dividend yield

equity

47.79%p.a.

Last 1Y

23.87%p.a.

Last 3Y

24.07%p.a.

Last 5Y

15.34%p.a.

Since Inception

About Templeton India Equity Income Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Templeton India Equity Income Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Dividend Yield mutual fund scheme that predominantly invests in Dividend Yield stocks of companies. Launched on May 2006, Templeton India Equity Income Fund Growth is Dividend Yield fund of its category with 2,210.68 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Dividend Yield funds.

  • Templeton India Equity Income Fund Growth delivered 47.8% annual returns during the last year. It has delivered 15.3% average annual returns since the fund was launched.
  • Templeton India Equity Income 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 Scheme seeks to provide a combination of regular income and long-term capital appreciation by investing primarily in stocks that have a current or potentially attractive dividend yield, by using a value strategy

Top 10 Holdings

NHPC Ltd

6.79%

NTPC Ltd

6.17%

Power Grid Corp Of India Ltd

5.33%

GAIL (India) Ltd

4.85%

Oil & Natural Gas Corp Ltd

4.19%

Coal India Ltd

3.81%

Hindustan Petroleum Corp Ltd

3.65%

Infosys Ltd

3.18%

HCL Technologies Ltd

3.17%

Embassy Office Parks Reit

3.01%

Fund Managers

  1. Ajay Argal (Dec 2023 - Present)
  2. Sandeep Manam (Oct 2021 - Present)
  3. Rajasa Kakulavarapu (Sep 2021 - Present)

Key Information

View Scheme Document

Templeton India Equity Income 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 Templeton India Equity Income 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 Templeton India Equity Income 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 Templeton India Equity Income 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