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Europe-Based NRIs to Invest in Mutual Funds India
The growing Economy of India has caught the eyes of NIRs to make their investment in India. One of the most popular investment option for NRIs is Mutual Funds. Due to its long-term return, mutual funds had attracted not only Indian investors, but Non-Resident Indians from across the world.
India is the fastest growing economy in the world with over 7 percent GDP growth for many years. Currently, India is the world’s fifth largest economy at $2.7 trillion GDP. World Bank and IMF have projected India GDP to grow at 7.4 percent and 7.8 percent in 2018 and 2019, respectively. Another report by the US Department of Agriculture also projects India to become the third largest economy by at $6.6 trillion by 2030.
Europe-based NRIs planning to invest in Mutual Funds can benefit from the optimal returns in the long-run. One can plan their long-term Financial goals like retirement, purchase of a house or to simply build wealth for the future by Investing in MF, more especially in Equity Funds. Moreover, investors can also earn better returns than bank savings accounts in the short-term via debt funds. So, it is important for an NRI set their tenure of investments before jumping into selecting a fund.
However, there are some of the important guidelines & rules that a Europe-based NRI needs to follow in order to begin their investment in Mutual Funds in India.
How Can NRIs in Europe Invest in Indian Mutual Funds?
To invest in Mutual Funds in India one is supposed to open any of the following accounts with an Indian bank:
NRE Account
This is Non-Resident External (NRE) account which can be in the form of savings, current, fixed or Recurring deposit. You need to deposit the foreign currency in this account. To be able to deposit Indian currency, you must open NRO account. There is no upper limit on the transaction amount in an NRE account.
NRO Account
The NRO or Non-Resident Ordinary account is in the form of savings or current account that is meant for NRIs to manage their Income earned in India. In NRO account, foreign currency gets converted into Indian rupees after it gets deposited. An NRO account can be held jointly with another NRI as well as resident Indian (close relatives).
FCNR Account
This stands for Foreign Currency Non-Repatriable account deposits. In this account, NRIs can remit their Earnings in one of the six currencies such as Canadian $, US$, **Euro**, AU$, Yen, and Pound. Funds can be transferred from other FCNR or NRE accounts. In FCNR, the principal and interest don’t accrue any tax.
Once you open any of these accounts, you need successfully complete your KYC (Know Your Customer), under KYC norms, which is set by SEBI (Securities Exchange Board of India). One can complete their KYC with any of the SEBI-registered intermediates.
Mutual Fund KYC Procedure for Europe NRIs
To successfully complete your KYC procedure, Europe-based NRIs need to complete certain important steps and furnish documents like:
a. KYC Form
An NRI needs to submit the KYC Form with all the necessary details filled to the SEBI registered intermediate. The documents can be sent by courier/post to the intermediate.
b. Documents
Following are the necessary documents that need to be submitted:
- Overseas address proof
- Indian resident address proof
- A recent photograph
- Passport copy
In case of NRIs in the Merchant Navy, a mariner’s declaration or certified copy of Continuous Discharge Certificate must be submitted.
c. Attestation
NRIs or PIOs (Person of India Origin) can get the above documents attested by the authorised officials of overseas branches of scheduled commercial banks registered in India, judge, court magistrate, public notaries, or the Indian embassy/consulate general in the country that they are located.
d. In Personal Verification (IPV)
As per SEBI rules, IPV is mandatory for KYC process. The intermediate should conduct the IPV of NRIs/PIOs.
Please note that all the above documents/proofs while submitting should be in the English language.
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Non-Resident Indian (NRI) Mutual Fund Taxation
Capital Gains Tax Rates on NRI Mutual Fund Investments for the Financial Year 2017-18 (Assessment Year 2018-19) are as below:
NRI taxation on Mutual Funds- Capital Gains Tax Rates- FY 2017/2018 (AY- 2018-19)
| Types of Mutual Fund Scheme | Short Term Capital Gains (STCG) | Long Term Capital Gains (LTCG) |
|---|---|---|
| Equity Funds- STCG- Units held less than or equal to a year, LTCG- Units held more than a year | 15% | Nil |
| Non-Equity Funds- STCG- Units held for 3 years or less, LTCG- Units held for more than 3 years | As per Individual’s income tax bracket | On listed funds-20% (with indexation), Unlisted funds- 10% (without indexation) |
Mutual Fund Taxation on Dividends
Dividends on Equity Funds: The dividend received in the hands of unit holder for equity funds is completely tax-free. The dividend is also tax-free to the AMC.
Dividends on Debt Funds: The AMC has to pay a dividend distribution tax (DDT) of 28.84% before distributing this dividend income to its unit-holders. The dividend income received by a Debt fund unit holder is also tax-free.
Below is the TDS rate applicable on MF redemptions by NRIs for AY 2018-19.
NRI Taxation on Mutual Funds- Capital Gains Tax Rates- FY 2017/2018 (AY- 2018-19)
| Mutual Fund Redemptions by NRIs & TDS Rate | STCG & TDS Rate | LTCG & TDS Rate |
|---|---|---|
| Type of MF Scheme | ||
| Equity Oriented Funds | 15% | Nil |
| Debt Funds | 30% | On listed funds- 20% (with indexation), unlisted funds- 10% (without indexation) |
Best Mutual Funds for Europe-Based NRIs
Fund 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2021 (%) Sub Cat. PGIM India Midcap Opportunities Fund Growth 15.1 5.6 11.2 40 19 63.8 Mid Cap Kotak Small Cap Fund Growth 8.5 3.6 11.1 36.8 18.2 70.9 Small Cap Nippon India Small Cap Fund Growth 12 5.8 15 35.2 18.1 74.3 Small Cap ICICI Prudential Technology Fund Growth 5.9 -9.8 -7.4 33.2 28 75.7 Sectoral Aditya Birla Sun Life Digital India Fund Growth 7.3 -8.9 -6.9 32.1 26.9 70.5 Sectoral SBI Small Cap Fund Growth 11.4 7.7 17.4 31.4 18.9 47.6 Small Cap DSP BlackRock Small Cap Fund Growth 6.1 4.1 10.8 31.2 13.7 58.9 Small Cap SBI Magnum Mid Cap Fund Growth 12.8 8 17.9 30.8 14.1 52.2 Mid Cap TATA Digital India Fund Growth 7.3 -9.2 -5.4 30.3 28.1 74.4 Sectoral SBI Contra Fund Growth 12.1 9.3 19.7 30.2 15.1 49.9 Contra Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Aug 22
*List of funds is based on past 3 Year Returns in decending order.
The primary objective of the Scheme is to achieve long-term capital appreciation by predominantly investing in equity & equity related instruments of mid cap companies. However, there is no assurance that the investment objective of the Scheme will be realized. PGIM India Midcap Opportunities Fund is a Equity - Mid Cap fund was launched on 2 Dec 13. It is a fund with High risk and has given a Below is the key information for PGIM India Midcap Opportunities Fund Returns up to 1 year are on (Erstwhile Kotak Midcap Scheme) The investment objective of the Scheme is to generate capital appreciation from a diversified portfolio of equity and equity related securities. Kotak Small Cap Fund is a Equity - Small Cap fund was launched on 24 Feb 05. It is a fund with Moderately High risk and has given a Below is the key information for Kotak Small Cap Fund Returns up to 1 year are on The primary investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related instruments of small cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities. Nippon India Small Cap Fund is a Equity - Small Cap fund was launched on 16 Sep 10. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Small Cap Fund Returns up to 1 year are on To generate long-term capital appreciation for you from a portfolio made up predominantly of equity and equity-related securities of technology intensive companies. ICICI Prudential Technology Fund is a Equity - Sectoral fund was launched on 3 Mar 00. It is a fund with High risk and has given a Below is the key information for ICICI Prudential Technology Fund Returns up to 1 year are on (Erstwhile Aditya Birla Sun Life New Millennium Fund) A multi-sector open-ended growth scheme with the objective of long term growth of capital, through a portfolio with a target allocation of 100% equity, focusing on investing in technology and technology dependent companies, hardware, peripherals and components, software, telecom, media, internet and e-commerce and other technology enabled companies. The secondary objective is income generation and distribution of dividend. Aditya Birla Sun Life Digital India Fund is a Equity - Sectoral fund was launched on 15 Jan 00. It is a fund with High risk and has given a Below is the key information for Aditya Birla Sun Life Digital India Fund Returns up to 1 year are on (Erstwhile SBI Small & Midcap Fund) The Scheme seeks to generate income and long term capital appreciation by
investing in a diversified portfolio of predominantly in equity and equity related securities of small & midcap Companies SBI Small Cap Fund is a Equity - Small Cap fund was launched on 9 Sep 09. It is a fund with Moderately High risk and has given a Below is the key information for SBI Small Cap Fund Returns up to 1 year are on (Erstwhile DSP BlackRock Micro Cap Fund) The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of small cap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized DSP BlackRock Small Cap Fund is a Equity - Small Cap fund was launched on 14 Jun 07. It is a fund with Moderately High risk and has given a Below is the key information for DSP BlackRock Small Cap Fund Returns up to 1 year are on To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme by investing predominantly in a well diversified basket of equity stocks of Midcap companies. SBI Magnum Mid Cap Fund is a Equity - Mid Cap fund was launched on 29 Mar 05. It is a fund with Moderately High risk and has given a Below is the key information for SBI Magnum Mid Cap Fund Returns up to 1 year are on The investment objective of the scheme is to seek long term capital appreciation by investing atleast 80% of its net assets in equity/equity related instruments of the companies in Information Technology Sector in India.However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.The Scheme does not assure or guarantee any returns. TATA Digital India Fund is a Equity - Sectoral fund was launched on 28 Dec 15. It is a fund with High risk and has given a Below is the key information for TATA Digital India Fund Returns up to 1 year are on To provide the investors maximum growth opportunity through equity
investments in stocks of growth oriented sectors of the economy. SBI Contra Fund is a Equity - Contra fund was launched on 6 May 05. It is a fund with Moderately High risk and has given a Below is the key information for SBI Contra Fund Returns up to 1 year are on 1. PGIM India Midcap Opportunities Fund
CAGR/Annualized return of 18.6% since its launch. Ranked 40 in Mid Cap category. Return for 2021 was 63.8% , 2020 was 48.4% and 2019 was 3.6% . PGIM India Midcap Opportunities Fund
Growth Launch Date 2 Dec 13 NAV (19 Aug 22) ₹44.24 ↓ -0.53 (-1.18 %) Net Assets (Cr) ₹5,169 on 30 Jun 22 Category Equity - Mid Cap AMC Pramerica Asset Managers Private Limited Rating ☆ Risk High Expense Ratio 2.53 Sharpe Ratio 0.16 Information Ratio 1.49 Alpha Ratio 5.32 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹10,230 31 Jul 19 ₹8,477 31 Jul 20 ₹10,539 31 Jul 21 ₹20,591 31 Jul 22 ₹22,507 Returns for PGIM India Midcap Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 7% 3 Month 15.1% 6 Month 5.6% 1 Year 11.2% 3 Year 40% 5 Year 19% 10 Year 15 Year Since launch 18.6% Historical performance (Yearly) on absolute basis
Year Returns 2021 63.8% 2020 48.4% 2019 3.6% 2018 -16.1% 2017 37% 2016 -1.3% 2015 7.9% 2014 42.8% 2013 2012 Fund Manager information for PGIM India Midcap Opportunities Fund
Name Since Tenure Aniruddha Naha 1 Jun 21 1.17 Yr. Vivek Sharma 1 Jun 21 1.17 Yr. Kunal Jain 1 Dec 21 0.67 Yr. Data below for PGIM India Midcap Opportunities Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Industrials 24.94% Financial Services 16.52% Consumer Cyclical 14.25% Basic Materials 12.78% Health Care 7.26% Consumer Defensive 6.26% Technology 6.02% Real Estate 2.3% Utility 1% Communication Services 0.62% Asset Allocation
Asset Class Value Cash 8.07% Equity 91.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity TVS Motor Co Ltd (Consumer Cyclical)
Equity, Since 31 Oct 21 | 5323434% ₹232 Cr 2,750,000 ABB India Ltd (Industrials)
Equity, Since 30 Sep 21 | ABB4% ₹225 Cr 977,973
↑ 100,000 Timken India Ltd (Industrials)
Equity, Since 30 Sep 21 | 5221134% ₹202 Cr 849,231 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 22 | HDFCBANK4% ₹199 Cr 1,475,000 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 30 Jun 21 | VBL4% ₹182 Cr 2,304,439
↑ 33,000 Persistent Systems Ltd (Technology)
Equity, Since 30 Nov 21 | PERSISTENT3% ₹169 Cr 496,573
↑ 10,000 Cummins India Ltd (Industrials)
Equity, Since 31 Dec 20 | 5004803% ₹166 Cr 1,622,298 Ashok Leyland Ltd (Industrials)
Equity, Since 30 Apr 20 | 5004773% ₹158 Cr 10,700,000
↓ -1,800,000 Dalmia Bharat Ltd (Basic Materials)
Equity, Since 31 Jul 21 | DALBHARAT3% ₹148 Cr 1,150,000
↓ -154 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 22 | ICICIBANK3% ₹141 Cr 2,000,000
↑ 2,000,000 2. Kotak Small Cap Fund
CAGR/Annualized return of 17.4% since its launch. Ranked 23 in Small Cap category. Return for 2021 was 70.9% , 2020 was 34.2% and 2019 was 5% . Kotak Small Cap Fund
Growth Launch Date 24 Feb 05 NAV (18 Aug 22) ₹165.437 ↑ 0.38 (0.23 %) Net Assets (Cr) ₹7,080 on 30 Jun 22 Category Equity - Small Cap AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 1.89 Sharpe Ratio 0.15 Information Ratio 1.35 Alpha Ratio 5.37 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹10,093 31 Jul 19 ₹8,757 31 Jul 20 ₹9,204 31 Jul 21 ₹20,189 31 Jul 22 ₹21,412 Returns for Kotak Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 7.6% 3 Month 8.5% 6 Month 3.6% 1 Year 11.1% 3 Year 36.8% 5 Year 18.2% 10 Year 15 Year Since launch 17.4% Historical performance (Yearly) on absolute basis
Year Returns 2021 70.9% 2020 34.2% 2019 5% 2018 -17.3% 2017 44% 2016 8.9% 2015 7.4% 2014 74% 2013 -4.9% 2012 50.2% Fund Manager information for Kotak Small Cap Fund
Name Since Tenure Pankaj Tibrewal 21 Jan 10 12.53 Yr. Arjun Khanna 30 Apr 22 0.25 Yr. Data below for Kotak Small Cap Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Industrials 30.85% Consumer Cyclical 27.53% Basic Materials 19% Financial Services 4.87% Health Care 3.65% Technology 3.37% Real Estate 1.53% Consumer Defensive 1.11% Energy 0.52% Asset Allocation
Asset Class Value Cash 7.1% Equity 92.9% Top Securities Holdings / Portfolio
Name Holding Value Quantity Century Plyboards (India) Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | 5325485% ₹321 Cr 6,113,689 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Jun 18 | CARBORUNIV4% ₹296 Cr 4,133,220
↑ 110,903 Sheela Foam Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | SFL4% ₹256 Cr 963,274 Galaxy Surfactants Ltd (Basic Materials)
Equity, Since 31 Jan 18 | GALAXYSURF3% ₹245 Cr 838,874
↑ 22,355 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Jan 18 | RATNAMANI3% ₹227 Cr 1,372,094
↑ 15,252 Blue Dart Express Ltd (Industrials)
Equity, Since 31 Oct 19 | BLUEDART3% ₹206 Cr 264,402
↓ -740 Blue Star Ltd (Industrials)
Equity, Since 31 May 18 | BLUESTARCO3% ₹179 Cr 1,978,982 Supreme Industries Ltd (Industrials)
Equity, Since 31 May 14 | 5099302% ₹175 Cr 990,770 V-Guard Industries Ltd (Industrials)
Equity, Since 31 Oct 18 | VGUARD2% ₹174 Cr 7,740,701 Cyient Ltd (Industrials)
Equity, Since 31 Dec 19 | CYIENT2% ₹173 Cr 2,285,004
↑ 84,728 3. Nippon India Small Cap Fund
CAGR/Annualized return of 19.9% since its launch. Ranked 6 in Small Cap category. Return for 2021 was 74.3% , 2020 was 29.2% and 2019 was -2.5% . Nippon India Small Cap Fund
Growth Launch Date 16 Sep 10 NAV (19 Aug 22) ₹87.4022 ↓ -0.66 (-0.75 %) Net Assets (Cr) ₹18,358 on 30 Jun 22 Category Equity - Small Cap AMC Nippon Life Asset Management Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.98 Sharpe Ratio 0.35 Information Ratio 1.43 Alpha Ratio 10.06 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹10,818 31 Jul 19 ₹9,167 31 Jul 20 ₹9,266 31 Jul 21 ₹19,766 31 Jul 22 ₹21,798 Returns for Nippon India Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 5.4% 3 Month 12% 6 Month 5.8% 1 Year 15% 3 Year 35.2% 5 Year 18.1% 10 Year 15 Year Since launch 19.9% Historical performance (Yearly) on absolute basis
Year Returns 2021 74.3% 2020 29.2% 2019 -2.5% 2018 -16.7% 2017 63% 2016 5.6% 2015 15.1% 2014 97.6% 2013 11.9% 2012 41.9% Fund Manager information for Nippon India Small Cap Fund
Name Since Tenure Samir Rachh 2 Jan 17 5.58 Yr. Kinjal Desai 25 May 18 4.19 Yr. Data below for Nippon India Small Cap Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Industrials 22.16% Consumer Cyclical 16.51% Basic Materials 16.43% Financial Services 13.2% Consumer Defensive 9.89% Technology 8.91% Health Care 5.39% Communication Services 1.92% Real Estate 0.58% Energy 0.44% Utility 0.04% Asset Allocation
Asset Class Value Cash 3.22% Equity 96.78% Top Securities Holdings / Portfolio
Name Holding Value Quantity Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 30 Apr 18 | TIINDIA3% ₹607 Cr 3,296,395 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Jul 19 | CREDITACC2% ₹444 Cr 4,368,685 NIIT Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | NIITLTD2% ₹419 Cr 10,139,961 KPIT Technologies Ltd (Technology)
Equity, Since 30 Jun 19 | KPITTECH2% ₹381 Cr 7,366,079 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK2% ₹364 Cr 2,700,000 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Sep 11 | NAVINFLUOR2% ₹360 Cr 986,721 Poonawalla Fincorp Ltd (Financial Services)
Equity, Since 28 Feb 18 | POONAWALLA2% ₹321 Cr 14,087,931 Bajaj Electricals Ltd (Consumer Cyclical)
Equity, Since 31 Mar 16 | BAJAJELEC2% ₹314 Cr 3,062,071 Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 28 Feb 19 | BALRAMCHIN2% ₹312 Cr 8,691,212 Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Dec 16 | DEEPAKNTR2% ₹295 Cr 1,700,165
↓ -97,578 4. ICICI Prudential Technology Fund
CAGR/Annualized return of 12.4% since its launch. Ranked 37 in Sectoral category. Return for 2021 was 75.7% , 2020 was 70.6% and 2019 was 2.3% . ICICI Prudential Technology Fund
Growth Launch Date 3 Mar 00 NAV (19 Aug 22) ₹138.22 ↑ 0.07 (0.05 %) Net Assets (Cr) ₹8,508 on 30 Jun 22 Category Equity - Sectoral AMC ICICI Prudential Asset Management Company Limited Rating ☆☆ Risk High Expense Ratio 2.53 Sharpe Ratio -0.06 Information Ratio 0.97 Alpha Ratio 0.01 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹14,060 31 Jul 19 ₹14,336 31 Jul 20 ₹16,690 31 Jul 21 ₹34,155 31 Jul 22 ₹32,711 Returns for ICICI Prudential Technology Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 8% 3 Month 5.9% 6 Month -9.8% 1 Year -7.4% 3 Year 33.2% 5 Year 28% 10 Year 15 Year Since launch 12.4% Historical performance (Yearly) on absolute basis
Year Returns 2021 75.7% 2020 70.6% 2019 2.3% 2018 19.1% 2017 19.8% 2016 -4% 2015 3.9% 2014 26.3% 2013 62.6% 2012 17.1% Fund Manager information for ICICI Prudential Technology Fund
Name Since Tenure Priyanka Khandelwal 8 Jul 20 2.07 Yr. Vaibhav Dusad 2 May 20 2.25 Yr. Data below for ICICI Prudential Technology Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Technology 76.19% Communication Services 14.65% Industrials 2.04% Consumer Cyclical 0.29% Consumer Defensive 0% Asset Allocation
Asset Class Value Cash 6.78% Equity 93.17% Other 0.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Apr 08 | INFY31% ₹2,606 Cr 17,828,927
↑ 74,843 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Sep 19 | TCS9% ₹806 Cr 2,466,698
↑ 491,335 HCL Technologies Ltd (Technology)
Equity, Since 30 Sep 20 | HCLTECH9% ₹774 Cr 7,949,388
↓ -4,697 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL8% ₹687 Cr 10,030,186
↑ 1,318,274 Wipro Ltd (Technology)
Equity, Since 30 Sep 19 | 5076858% ₹655 Cr 15,747,685
↑ 700,000 Tech Mahindra Ltd (Technology)
Equity, Since 31 Oct 16 | 5327557% ₹630 Cr 6,303,289
↓ -454,821 Mphasis Ltd (Technology)
Equity, Since 30 Jun 20 | 5262991% ₹119 Cr 520,611
↓ -137,093 Zee Entertainment Enterprises Ltd (Communication Services)
Equity, Since 31 Jan 22 | ZEEL1% ₹111 Cr 5,170,044
↑ 817,008 MindTree Ltd (Technology)
Equity, Since 30 Jun 20 | 5328191% ₹109 Cr 376,021
↓ -7,184 Accenture PLC Class A (Technology)
Equity, Since 28 Feb 21 | ACN1% ₹96 Cr 43,600 5. Aditya Birla Sun Life Digital India Fund
CAGR/Annualized return of 11.6% since its launch. Ranked 33 in Sectoral category. Return for 2021 was 70.5% , 2020 was 59% and 2019 was 9.6% . Aditya Birla Sun Life Digital India Fund
Growth Launch Date 15 Jan 00 NAV (19 Aug 22) ₹119.74 ↑ 0.04 (0.03 %) Net Assets (Cr) ₹2,939 on 30 Jun 22 Category Equity - Sectoral AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆ Risk High Expense Ratio 2.56 Sharpe Ratio -0.21 Information Ratio 0.93 Alpha Ratio -3.4 Min Investment 1,000 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹13,792 31 Jul 19 ₹13,979 31 Jul 20 ₹16,952 31 Jul 21 ₹32,139 31 Jul 22 ₹30,944 Returns for Aditya Birla Sun Life Digital India Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 9% 3 Month 7.3% 6 Month -8.9% 1 Year -6.9% 3 Year 32.1% 5 Year 26.9% 10 Year 15 Year Since launch 11.6% Historical performance (Yearly) on absolute basis
Year Returns 2021 70.5% 2020 59% 2019 9.6% 2018 15.6% 2017 22.4% 2016 -3.5% 2015 11.2% 2014 21.1% 2013 50.2% 2012 3.7% Fund Manager information for Aditya Birla Sun Life Digital India Fund
Name Since Tenure Kunal Sangoi 15 Jan 14 8.55 Yr. Data below for Aditya Birla Sun Life Digital India Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Technology 77.61% Communication Services 10.25% Industrials 6.41% Consumer Cyclical 0.8% Asset Allocation
Asset Class Value Cash 4.93% Equity 95.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY25% ₹725 Cr 4,958,401
↑ 148,532 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 05 | TCS10% ₹286 Cr 875,450 Tech Mahindra Ltd (Technology)
Equity, Since 31 May 13 | 5327558% ₹243 Cr 2,433,618
↑ 502,456 HCL Technologies Ltd (Technology)
Equity, Since 31 Dec 10 | HCLTECH8% ₹236 Cr 2,421,227 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Aug 19 | BHARTIARTL6% ₹187 Cr 2,734,997
↑ 183,327 MindTree Ltd (Technology)
Equity, Since 30 Nov 20 | 5328194% ₹106 Cr 365,739
↑ 60,211 Wipro Ltd (Technology)
Equity, Since 31 Jan 21 | 5076853% ₹99 Cr 2,370,817
↓ -941,071 Cyient Ltd (Industrials)
Equity, Since 31 May 14 | CYIENT3% ₹92 Cr 1,221,725 Coforge Ltd (Technology)
Equity, Since 30 Jun 20 | COFORGE2% ₹69 Cr 193,774 Mphasis Ltd (Technology)
Equity, Since 29 Feb 20 | 5262992% ₹64 Cr 280,854
↓ -1,995 6. SBI Small Cap Fund
CAGR/Annualized return of 20.3% since its launch. Ranked 4 in Small Cap category. Return for 2021 was 47.6% , 2020 was 33.6% and 2019 was 6.1% . SBI Small Cap Fund
Growth Launch Date 9 Sep 09 NAV (19 Aug 22) ₹109.568 ↓ -1.09 (-0.98 %) Net Assets (Cr) ₹11,646 on 30 Jun 22 Category Equity - Small Cap AMC SBI Funds Management Private Limited Rating ☆☆☆☆☆ Risk Moderately High Expense Ratio 1.97 Sharpe Ratio 0.17 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹11,508 31 Jul 19 ₹10,423 31 Jul 20 ₹10,964 31 Jul 21 ₹20,675 31 Jul 22 ₹22,496 Returns for SBI Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 8% 3 Month 11.4% 6 Month 7.7% 1 Year 17.4% 3 Year 31.4% 5 Year 18.9% 10 Year 15 Year Since launch 20.3% Historical performance (Yearly) on absolute basis
Year Returns 2021 47.6% 2020 33.6% 2019 6.1% 2018 -19.6% 2017 78.7% 2016 1.3% 2015 20.6% 2014 110.7% 2013 7.8% 2012 31.9% Fund Manager information for SBI Small Cap Fund
Name Since Tenure R. Srinivasan 16 Nov 13 8.71 Yr. Data below for SBI Small Cap Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Industrials 35.5% Consumer Cyclical 23.53% Basic Materials 15.01% Consumer Defensive 5.56% Health Care 2.93% Financial Services 2.6% Real Estate 0.85% Asset Allocation
Asset Class Value Cash 13.9% Equity 85.96% Debt 0.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity Elgi Equipments Ltd (Industrials)
Equity, Since 31 Dec 13 | ELGIEQUIP4% ₹493 Cr 13,747,126
↓ -86,537 Vedant Fashions Ltd (Consumer Cyclical)
Equity, Since 28 Feb 22 | 5434634% ₹439 Cr 4,547,646 Sheela Foam Ltd (Consumer Cyclical)
Equity, Since 31 Mar 19 | SFL4% ₹418 Cr 1,570,000 V-Guard Industries Ltd (Industrials)
Equity, Since 31 Aug 20 | VGUARD3% ₹383 Cr 17,000,000
↑ 280,846 Fine Organic Industries Ltd Ordinary Shares (Basic Materials)
Equity, Since 31 Mar 19 | FINEORG3% ₹379 Cr 790,000 Blue Star Ltd (Industrials)
Equity, Since 30 Jun 18 | BLUESTARCO3% ₹362 Cr 4,000,000 Carborundum Universal Ltd (Industrials)
Equity, Since 31 May 19 | CARBORUNIV3% ₹354 Cr 4,939,842 Esab India Ltd (Industrials)
Equity, Since 28 Feb 21 | ESABINDIA3% ₹318 Cr 900,000 Chalet Hotels Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | CHALET3% ₹306 Cr 9,716,991 Lemon Tree Hotels Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | LEMONTREE3% ₹305 Cr 50,000,000 7. DSP BlackRock Small Cap Fund
CAGR/Annualized return of 17.2% since its launch. Ranked 7 in Small Cap category. Return for 2021 was 58.9% , 2020 was 33.1% and 2019 was 0.7% . DSP BlackRock Small Cap Fund
Growth Launch Date 14 Jun 07 NAV (19 Aug 22) ₹111.016 ↓ -0.66 (-0.59 %) Net Assets (Cr) ₹7,958 on 30 Jun 22 Category Equity - Small Cap AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.98 Sharpe Ratio 0.2 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹9,541 31 Jul 19 ₹8,070 31 Jul 20 ₹8,426 31 Jul 21 ₹16,798 31 Jul 22 ₹17,926 Returns for DSP BlackRock Small Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 4% 3 Month 6.1% 6 Month 4.1% 1 Year 10.8% 3 Year 31.2% 5 Year 13.7% 10 Year 15 Year Since launch 17.2% Historical performance (Yearly) on absolute basis
Year Returns 2021 58.9% 2020 33.1% 2019 0.7% 2018 -25.5% 2017 42.8% 2016 12.7% 2015 20.4% 2014 101.8% 2013 3.8% 2012 40.5% Fund Manager information for DSP BlackRock Small Cap Fund
Name Since Tenure Vinit Sambre 21 Jun 10 12.12 Yr. Jay Kothari 1 Mar 13 9.42 Yr. Resham Jain 16 Mar 18 4.38 Yr. Data below for DSP BlackRock Small Cap Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Consumer Cyclical 36.82% Basic Materials 22.81% Industrials 11.45% Health Care 6.55% Consumer Defensive 5.84% Financial Services 5.32% Technology 3.29% Communication Services 2.37% Asset Allocation
Asset Class Value Cash 5.54% Equity 94.46% Top Securities Holdings / Portfolio
Name Holding Value Quantity Suprajit Engineering Ltd (Consumer Cyclical)
Equity, Since 30 Jun 14 | SUPRAJIT4% ₹279 Cr 8,399,302
↑ 76,433 Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Jan 19 | TIINDIA3% ₹269 Cr 1,458,789 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Dec 14 | RATNAMANI3% ₹256 Cr 1,545,945 Atul Ltd (Basic Materials)
Equity, Since 31 Jul 13 | ATUL3% ₹251 Cr 312,546 Nilkamal Ltd (Consumer Cyclical)
Equity, Since 31 Jan 17 | NILKAMAL3% ₹248 Cr 1,289,228 K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 31 Jul 14 | KPRMILL3% ₹230 Cr 4,457,718
↑ 168,531 GHCL Ltd (Basic Materials)
Equity, Since 30 Nov 17 | GHCL3% ₹226 Cr 4,010,854 Ipca Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 14 | 5244943% ₹224 Cr 2,496,780
↑ 82,396 Chambal Fertilisers & Chemicals Ltd (Basic Materials)
Equity, Since 31 Jul 14 | CHAMBLFERT3% ₹210 Cr 7,885,010
↑ 509,885 eClerx Services Ltd (Technology)
Equity, Since 28 Feb 18 | ECLERX2% ₹196 Cr 1,019,398
↑ 60,546 8. SBI Magnum Mid Cap Fund
CAGR/Annualized return of 16.7% since its launch. Ranked 28 in Mid Cap category. Return for 2021 was 52.2% , 2020 was 30.4% and 2019 was 0.1% . SBI Magnum Mid Cap Fund
Growth Launch Date 29 Mar 05 NAV (19 Aug 22) ₹146.695 ↓ -0.87 (-0.59 %) Net Assets (Cr) ₹6,741 on 30 Jun 22 Category Equity - Mid Cap AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.1 Sharpe Ratio 0.38 Information Ratio 0.6 Alpha Ratio 6.82 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹9,588 31 Jul 19 ₹8,554 31 Jul 20 ₹8,871 31 Jul 21 ₹16,106 31 Jul 22 ₹18,151 Returns for SBI Magnum Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 6.4% 3 Month 12.8% 6 Month 8% 1 Year 17.9% 3 Year 30.8% 5 Year 14.1% 10 Year 15 Year Since launch 16.7% Historical performance (Yearly) on absolute basis
Year Returns 2021 52.2% 2020 30.4% 2019 0.1% 2018 -18% 2017 33.5% 2016 5% 2015 14.9% 2014 71.9% 2013 13.6% 2012 48% Fund Manager information for SBI Magnum Mid Cap Fund
Name Since Tenure Sohini Andani 1 Jul 10 12.09 Yr. Data below for SBI Magnum Mid Cap Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Consumer Cyclical 36.16% Basic Materials 14.68% Financial Services 14.2% Industrials 10.68% Health Care 7.19% Real Estate 4.26% Utility 3.85% Consumer Defensive 3.49% Technology 0.53% Communication Services 0.36% Energy 0.21% Asset Allocation
Asset Class Value Cash 4.39% Equity 95.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity Page Industries Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | 5328275% ₹361 Cr 90,000 Sheela Foam Ltd (Consumer Cyclical)
Equity, Since 30 Nov 16 | SFL5% ₹346 Cr 1,300,000 Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Dec 20 | TIINDIA5% ₹340 Cr 1,846,672 CRISIL Ltd (Financial Services)
Equity, Since 30 Apr 21 | CRISIL4% ₹296 Cr 900,000
↑ 144,446 Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 28 Feb 14 | SCHAEFFLER4% ₹275 Cr 1,201,830 Thermax Ltd (Industrials)
Equity, Since 31 Dec 13 | THERMAX4% ₹264 Cr 1,261,202 Carborundum Universal Ltd (Industrials)
Equity, Since 30 Apr 11 | CARBORUNIV3% ₹222 Cr 3,100,000 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Dec 12 | CHOLAFIN3% ₹211 Cr 3,400,000 Max Healthcare Institute Ltd Ordinary Shares (Healthcare)
Equity, Since 30 Sep 21 | MAXHEALTH3% ₹203 Cr 5,530,790 Coromandel International Ltd (Basic Materials)
Equity, Since 31 Jan 18 | 5063953% ₹191 Cr 2,000,000 9. TATA Digital India Fund
CAGR/Annualized return of 19.6% since its launch. Return for 2021 was 74.4% , 2020 was 54.8% and 2019 was 7.5% . TATA Digital India Fund
Growth Launch Date 28 Dec 15 NAV (19 Aug 22) ₹32.7876 ↑ 0.04 (0.13 %) Net Assets (Cr) ₹5,434 on 30 Jun 22 Category Equity - Sectoral AMC Tata Asset Management Limited Rating Risk High Expense Ratio 1.73 Sharpe Ratio -0.07 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 150 Exit Load 0-3 Months (0.25%),3 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹14,968 31 Jul 19 ₹15,039 31 Jul 20 ₹17,443 31 Jul 21 ₹32,919 31 Jul 22 ₹32,244 Returns for TATA Digital India Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 9.1% 3 Month 7.3% 6 Month -9.2% 1 Year -5.4% 3 Year 30.3% 5 Year 28.1% 10 Year 15 Year Since launch 19.6% Historical performance (Yearly) on absolute basis
Year Returns 2021 74.4% 2020 54.8% 2019 7.5% 2018 24.9% 2017 19.6% 2016 -6% 2015 2014 2013 2012 Fund Manager information for TATA Digital India Fund
Name Since Tenure Meeta Shetty 9 Mar 21 1.4 Yr. Venkat Samala 26 Nov 20 1.68 Yr. Data below for TATA Digital India Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Technology 78.21% Communication Services 10.07% Industrials 3.82% Consumer Cyclical 0.85% Asset Allocation
Asset Class Value Cash 7.05% Equity 92.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity Infosys Ltd (Technology)
Equity, Since 31 Jan 16 | INFY26% ₹1,392 Cr 9,519,598
↑ 600,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Jan 16 | TCS11% ₹579 Cr 1,773,501
↑ 100,000 HCL Technologies Ltd (Technology)
Equity, Since 31 Jan 16 | HCLTECH8% ₹428 Cr 4,400,373
↑ 875,660 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 21 | BHARTIARTL7% ₹381 Cr 5,569,200
↑ 1,025,000 Tech Mahindra Ltd (Technology)
Equity, Since 30 Apr 16 | 5327557% ₹374 Cr 3,739,334
↑ 325,000 Larsen & Toubro Infotech Ltd (Technology)
Equity, Since 28 Feb 21 | LTI4% ₹199 Cr 500,010 Wipro Ltd (Technology)
Equity, Since 31 Jul 18 | 5076853% ₹186 Cr 4,470,332 Persistent Systems Ltd (Technology)
Equity, Since 31 Jan 16 | PERSISTENT3% ₹166 Cr 488,947
↓ -13,611 Mphasis Ltd (Technology)
Equity, Since 30 Sep 20 | 5262993% ₹157 Cr 686,549
↓ -136,600 Coforge Ltd (Technology)
Equity, Since 31 Oct 21 | COFORGE3% ₹150 Cr 425,084
↑ 14,600 10. SBI Contra Fund
CAGR/Annualized return of 16.1% since its launch. Ranked 48 in Contra category. Return for 2021 was 49.9% , 2020 was 30.6% and 2019 was -1% . SBI Contra Fund
Growth Launch Date 6 May 05 NAV (19 Aug 22) ₹215.727 ↓ -1.85 (-0.85 %) Net Assets (Cr) ₹4,670 on 30 Jun 22 Category Equity - Contra AMC SBI Funds Management Private Limited Rating ☆☆☆ Risk Moderately High Expense Ratio 2.29 Sharpe Ratio 0.66 Information Ratio 1.17 Alpha Ratio 9.6 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹10,022 31 Jul 19 ₹8,929 31 Jul 20 ₹8,900 31 Jul 21 ₹16,474 31 Jul 22 ₹18,952 Returns for SBI Contra Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Aug 22 Duration Returns 1 Month 6% 3 Month 12.1% 6 Month 9.3% 1 Year 19.7% 3 Year 30.2% 5 Year 15.1% 10 Year 15 Year Since launch 16.1% Historical performance (Yearly) on absolute basis
Year Returns 2021 49.9% 2020 30.6% 2019 -1% 2018 -14.3% 2017 40.2% 2016 2.4% 2015 -0.1% 2014 47.7% 2013 -1.7% 2012 34.2% Fund Manager information for SBI Contra Fund
Name Since Tenure Dinesh Balachandran 7 May 18 4.24 Yr. Mohit Jain 5 May 18 4.24 Yr. Data below for SBI Contra Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Financial Services 17.5% Consumer Cyclical 11.54% Industrials 10.71% Basic Materials 8.8% Utility 7.01% Technology 5.44% Health Care 4.35% Consumer Defensive 3.61% Communication Services 2.65% Energy 2.54% Real Estate 2.24% Asset Allocation
Asset Class Value Cash 23.59% Equity 76.41% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 16 | HDFCBANK4% ₹195 Cr 1,443,872
↑ 931,230 ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | ICICIBANK4% ₹187 Cr 2,640,345
↑ 906,424 182 Dtb 11082022
Sovereign Bonds | -3% ₹149 Cr 15,000,000 Tube Investments of India Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Jan 21 | TIINDIA3% ₹140 Cr 760,201 State Bank of India (Financial Services)
Equity, Since 31 Dec 10 | SBIN3% ₹121 Cr 2,594,269
↑ 664,269 GAIL (India) Ltd (Utilities)
Equity, Since 28 Feb 21 | 5321552% ₹112 Cr 8,274,197
↓ -275,803 HCL Technologies Ltd (Technology)
Equity, Since 31 Aug 13 | HCLTECH2% ₹104 Cr 1,070,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 20 | ITC2% ₹100 Cr 3,650,000 182 Dtb 01092022
Sovereign Bonds | -2% ₹99 Cr 10,000,000
↑ 10,000,000 91 Dtb 22092022
Sovereign Bonds | -2% ₹99 Cr 10,000,000
↑ 10,000,000
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