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Fincash » Mutual Funds » Australia-Based NRI Investment in Mutual Funds

Mutual Funds for Australia-Based NRI Investing in India

Updated on August 15, 2022 , 4351 views

As, India is one of the fastest growing economies in the world with over 5 percent GDP growth for many years, it attracts thousands of NRI investors from abroad. World Bank and IMF have projected India’s GDP to grow at 7.4 percent and 7.8 percent in 2018 and 2019 respectively. Currently, India is world’s fifth largest Economy at $2.7 trillion GDP.

Non-Resident Indians (NRIs) living in Australia can plan their investment in Mutual Funds India in order to earn optimal returns in the long-run. Australia-based NRIs can invest in stocks in India via mutual funds by Investing in Equity Funds. Equities are ideal for long-term investments, if you have goals like retirement, purchase of a house, or if you just want to build wealth these funds can be an ideal option. And in case, if you want to earn returns higher than bank savings accounts than investing in debt funds for short-term is advisable. Before investing, one should always access their risk ability.

Australia-based NRIs who want to invest in Mutual Funds in India there are some of the important guidelines & rules that need to be followed in order to begin their investment.

Australia-NRI

Accounts for NRIs Living in Australia

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.

KYC Procedure for Australia NRIs to Invest in Mutual Funds

To successfully complete your KYC procedure, Australia 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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Mutual Fund Taxation for Non-Resident Indian(NRI)

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)

Some of the most popular cities in Australia where you can find most Indians are:

  • Sydney
  • Melbourne
  • Brisbane
  • Perth
  • Adelaide

Best Mutual Funds for Australia-Based NRIs

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2021 (%)
UTI Dynamic Bond Fund Growth ₹25.2992
↑ 0.06
₹36318.518.88.44.910.8
L&T Emerging Businesses Fund Growth ₹46.027
↑ 0.21
₹7,3369.6415.829.113.677.4
Sundaram Rural and Consumption Fund Growth ₹63.1621
↑ 0.32
₹1,07517.411.715.718.29.219.3
UTI Banking & PSU Debt Fund Growth ₹18.0381
↑ 0.06
₹3032.68.3107.25.62.8
L&T India Value Fund Growth ₹57.968
↑ 0.28
₹6,8868.41.56.820.410.540.3
BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01
₹588-4.6-2.619.317.313.6
UTI Bond Fund Growth ₹59.9137
↑ 0.32
₹2941.68.4175.82.99.4
L&T Business Cycles Fund Growth ₹24.097
↑ 0.06
₹48814.86.81319934.5
Sundaram Mid Cap Fund Growth ₹745.386
↑ 4.51
₹6,44414.98.811.520.89.337.5
Sundaram Debt Oriented Hybrid Fund Growth ₹23.9615
↑ 0.12
₹323.71.49.19.35.314.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Aug 22

1. UTI Dynamic Bond Fund

The investment objective of the scheme is to generate optimal returns with adequate liquidity through active management of the portfolio, by investing in debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.

UTI Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 16 Jun 10. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.9% since its launch.  Ranked 3 in Dynamic Bond category.  Return for 2021 was 10.8% , 2020 was 5.9% and 2019 was -3.9% .

Below is the key information for UTI Dynamic Bond Fund

UTI Dynamic Bond Fund
Growth
Launch Date 16 Jun 10
NAV (17 Aug 22) ₹25.2992 ↑ 0.06   (0.24 %)
Net Assets (Cr) ₹363 on 30 Jun 22
Category Debt - Dynamic Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.18
Sharpe Ratio 1.25
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.44%
Effective Maturity 2 Years 1 Month 6 Days
Modified Duration 9 Months

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,142
31 Jul 19₹9,989
31 Jul 20₹10,508
31 Jul 21₹10,666
31 Jul 22₹12,651

UTI Dynamic Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹194,235.
Net Profit of ₹14,235
Invest Now

Returns for UTI Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 0.5%
3 Month 1%
6 Month 8.5%
1 Year 18.8%
3 Year 8.4%
5 Year 4.9%
10 Year
15 Year
Since launch 7.9%
Historical performance (Yearly) on absolute basis
YearReturns
2021 10.8%
2020 5.9%
2019 -3.9%
2018 5.2%
2017 4.2%
2016 14.9%
2015 6.9%
2014 14.7%
2013 7.6%
2012 11.2%
Fund Manager information for UTI Dynamic Bond Fund
NameSinceTenure
Sudhir Agarwal1 Dec 210.67 Yr.

Data below for UTI Dynamic Bond Fund as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash17.93%
Debt82.07%
Debt Sector Allocation
SectorValue
Government74.59%
Corporate13.92%
Cash Equivalent11.49%
Credit Quality
RatingValue
AA13.56%
AAA86.44%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 Dtb 27102022
Sovereign Bonds | -
26%₹99 Cr1,000,000,000
4.56% Govt Stock 2023
Sovereign Bonds | -
13%₹49 Cr500,000,000
5.53% Govt Stock 2033
Sovereign Bonds | -
10%₹39 Cr400,000,000
7.38% Govt Stock 2027
Sovereign Bonds | -
9%₹35 Cr350,000,000
↑ 350,000,000
6.54% Govt Stock 2032
Sovereign Bonds | -
8%₹28 Cr300,000,000
↓ -300,000,000
364 Dtb 01062023
Sovereign Bonds | -
5%₹19 Cr200,000,000
182 Dtb 15092022
Sovereign Bonds | -
3%₹10 Cr100,000,000
↓ -100,000,000
Punjab National Bank
Debentures | -
3%₹10 Cr100
Piramal Capital & Housing Finance Limited
Debentures | -
3%₹10 Cr123,219
Can Fin Homes Limited
Debentures | -
3%₹10 Cr100

2. L&T Emerging Businesses Fund

To generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks). The Scheme could also additionally invest in Foreign Securities.

L&T Emerging Businesses Fund is a Equity - Small Cap fund was launched on 12 May 14. It is a fund with High risk and has given a CAGR/Annualized return of 20.3% since its launch.  Ranked 2 in Small Cap category.  Return for 2021 was 77.4% , 2020 was 15.5% and 2019 was -8.1% .

Below is the key information for L&T Emerging Businesses Fund

L&T Emerging Businesses Fund
Growth
Launch Date 12 May 14
NAV (17 Aug 22) ₹46.027 ↑ 0.21   (0.46 %)
Net Assets (Cr) ₹7,336 on 30 Jun 22
Category Equity - Small Cap
AMC L&T Investment Management Ltd
Rating
Risk High
Expense Ratio 1.95
Sharpe Ratio 0.39
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.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,820
31 Jul 19₹8,805
31 Jul 20₹7,744
31 Jul 21₹16,337
31 Jul 22₹18,068

L&T Emerging Businesses Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for L&T Emerging Businesses Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 8.9%
3 Month 9.6%
6 Month 4%
1 Year 15.8%
3 Year 29.1%
5 Year 13.6%
10 Year
15 Year
Since launch 20.3%
Historical performance (Yearly) on absolute basis
YearReturns
2021 77.4%
2020 15.5%
2019 -8.1%
2018 -13.7%
2017 66.5%
2016 10.2%
2015 12.3%
2014
2013
2012
Fund Manager information for L&T Emerging Businesses Fund
NameSinceTenure
Venugopal Manghat17 Dec 192.62 Yr.
Vihang Naik17 Dec 192.62 Yr.
Sonal Gupta5 Jul 211.07 Yr.

Data below for L&T Emerging Businesses Fund as on 30 Jun 22

Equity Sector Allocation
SectorValue
Industrials32.28%
Consumer Cyclical18.94%
Basic Materials16.62%
Technology8.26%
Real Estate7.52%
Consumer Defensive7.04%
Financial Services3.05%
Health Care2.8%
Energy0.4%
Asset Allocation
Asset ClassValue
Cash3.1%
Equity96.9%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | KPRMILL
5%₹391 Cr7,582,009
↓ -100,000
Grindwell Norton Ltd (Industrials)
Equity, Since 30 Sep 17 | 506076
4%₹271 Cr1,610,948
↓ -27,000
E I D Parry India Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | EIDPARRY
3%₹212 Cr3,986,463
↑ 52,774
Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | BALRAMCHIN
3%₹201 Cr5,577,995
↓ -223,750
Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jul 19 | 532929
3%₹192 Cr4,311,022
RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 18 | RHIM
2%₹172 Cr3,425,917
Carborundum Universal Ltd (Industrials)
Equity, Since 31 Jul 16 | CARBORUNIV
2%₹155 Cr2,159,700
Supreme Petrochem Ltd (Basic Materials)
Equity, Since 30 Sep 16 | SPLPETRO
2%₹150 Cr1,694,075
Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 30 Nov 17 | RATNAMANI
2%₹146 Cr880,422
KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI
2%₹144 Cr1,249,400

3. Sundaram Rural and Consumption Fund

(Erstwhile Sundaram Rural India Fund)

The primary investment objective of the scheme is to generate consistent long-term returns by investing predominantly in equity & equity related instruments of companies that are focusing on Rural India.

Sundaram Rural and Consumption Fund is a Equity - Sectoral fund was launched on 12 May 06. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12% since its launch.  Ranked 2 in Sectoral category.  Return for 2021 was 19.3% , 2020 was 13.5% and 2019 was 2.7% .

Below is the key information for Sundaram Rural and Consumption Fund

Sundaram Rural and Consumption Fund
Growth
Launch Date 12 May 06
NAV (17 Aug 22) ₹63.1621 ↑ 0.32   (0.51 %)
Net Assets (Cr) ₹1,075 on 30 Jun 22
Category Equity - Sectoral
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.24
Sharpe Ratio -0.37
Information Ratio -0.45
Alpha Ratio -5.45
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,542
31 Jul 19₹9,356
31 Jul 20₹9,483
31 Jul 21₹13,347
31 Jul 22₹14,782

Sundaram Rural and Consumption Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Sundaram Rural and Consumption Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 9.2%
3 Month 17.4%
6 Month 11.7%
1 Year 15.7%
3 Year 18.2%
5 Year 9.2%
10 Year
15 Year
Since launch 12%
Historical performance (Yearly) on absolute basis
YearReturns
2021 19.3%
2020 13.5%
2019 2.7%
2018 -7.8%
2017 38.7%
2016 21.1%
2015 6.3%
2014 47.4%
2013 -0.6%
2012 34.1%
Fund Manager information for Sundaram Rural and Consumption Fund
NameSinceTenure
Ratish Varier1 Jan 220.58 Yr.
Ashish Aggarwal1 Jan 220.58 Yr.

Data below for Sundaram Rural and Consumption Fund as on 30 Jun 22

Equity Sector Allocation
SectorValue
Consumer Cyclical35.49%
Consumer Defensive35.01%
Financial Services13.48%
Basic Materials4.4%
Industrials3.06%
Communication Services3.03%
Real Estate2.35%
Technology0.81%
Asset Allocation
Asset ClassValue
Cash2.38%
Equity97.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | HINDUNILVR
8%₹82 Cr366,606
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | MARUTI
7%₹70 Cr82,671
↓ -4,984
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL
6%₹65 Cr823,127
↓ -100,000
Titan Co Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | TITAN
6%₹65 Cr334,401
↑ 28,260
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | HDFCBANK
6%₹62 Cr461,466
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | ICICIBANK
5%₹59 Cr828,107
↓ -28,006
Tata Consumer Products Ltd (Consumer Defensive)
Equity, Since 28 Feb 17 | 500800
5%₹55 Cr779,645
Page Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | 532827
5%₹50 Cr12,359
↑ 09
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 13 | ITC
4%₹46 Cr1,670,266
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | CROMPTON
4%₹46 Cr1,341,890

4. UTI Banking & PSU Debt Fund

The investment objective of the scheme is to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs).

UTI Banking & PSU Debt Fund is a Debt - Banking & PSU Debt fund was launched on 3 Feb 14. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.2% since its launch.  Ranked 3 in Banking & PSU Debt category.  Return for 2021 was 2.8% , 2020 was 8.9% and 2019 was -1% .

Below is the key information for UTI Banking & PSU Debt Fund

UTI Banking & PSU Debt Fund
Growth
Launch Date 3 Feb 14
NAV (17 Aug 22) ₹18.0381 ↑ 0.06   (0.34 %)
Net Assets (Cr) ₹303 on 30 Jun 22
Category Debt - Banking & PSU Debt
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.32
Sharpe Ratio 0.88
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.95%
Effective Maturity 3 Years 8 Months 16 Days
Modified Duration 2 Years 11 Months 26 Days

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,538
31 Jul 19₹10,656
31 Jul 20₹11,522
31 Jul 21₹11,924
31 Jul 22₹13,037

UTI Banking & PSU Debt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169
Invest Now

Returns for UTI Banking & PSU Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 1.3%
3 Month 2.6%
6 Month 8.3%
1 Year 10%
3 Year 7.2%
5 Year 5.6%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
2021 2.8%
2020 8.9%
2019 -1%
2018 6.8%
2017 6.4%
2016 11.7%
2015 8.6%
2014
2013
2012
Fund Manager information for UTI Banking & PSU Debt Fund
NameSinceTenure
Anurag Mittal1 Dec 210.67 Yr.

Data below for UTI Banking & PSU Debt Fund as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash9.28%
Debt90.72%
Debt Sector Allocation
SectorValue
Government57.8%
Corporate32.91%
Cash Equivalent9.28%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.79% Govt Stock 2027
Sovereign Bonds | -
14%₹54 Cr550,000,000
↑ 50,000,000
7.38% Govt Stock 2027
Sovereign Bonds | -
12%₹45 Cr450,000,000
↑ 450,000,000
National Housing Bank
Debentures | -
8%₹30 Cr300
↑ 50
National Bank For Agriculture And Rural Development
Debentures | -
7%₹26 Cr250
Export Import Bank Of India
Debentures | -
7%₹25 Cr250
Power Finance Corporation Ltd.
Debentures | -
6%₹25 Cr250
Indian Railway Finance Corporation Limited
Debentures | -
6%₹25 Cr250
Rec Limited
Debentures | -
6%₹25 Cr250
Axis Bank Limited
Debentures | -
5%₹20 Cr200
Small Industries Development Bank Of India
Debentures | -
5%₹20 Cr200
↑ 200

5. L&T India Value Fund

To generate long-term capital appreciation from diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets.

L&T India Value Fund is a Equity - Value fund was launched on 8 Jan 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15% since its launch.  Ranked 4 in Value category.  Return for 2021 was 40.3% , 2020 was 14.6% and 2019 was 4.6% .

Below is the key information for L&T India Value Fund

L&T India Value Fund
Growth
Launch Date 8 Jan 10
NAV (17 Aug 22) ₹57.968 ↑ 0.28   (0.49 %)
Net Assets (Cr) ₹6,886 on 30 Jun 22
Category Equity - Value
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 1.88
Sharpe Ratio -0.21
Information Ratio -0.26
Alpha Ratio -0.68
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.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,353
31 Jul 19₹9,516
31 Jul 20₹9,292
31 Jul 21₹14,922
31 Jul 22₹15,654

L&T India Value Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for L&T India Value Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 10.2%
3 Month 8.4%
6 Month 1.5%
1 Year 6.8%
3 Year 20.4%
5 Year 10.5%
10 Year
15 Year
Since launch 15%
Historical performance (Yearly) on absolute basis
YearReturns
2021 40.3%
2020 14.6%
2019 4.6%
2018 -11.4%
2017 41.3%
2016 8.1%
2015 12.9%
2014 74.1%
2013 6.6%
2012 39.8%
Fund Manager information for L&T India Value Fund
NameSinceTenure
Venugopal Manghat24 Nov 129.69 Yr.
Vihang Naik17 Dec 192.62 Yr.
Sonal Gupta5 Jul 211.07 Yr.

Data below for L&T India Value Fund as on 30 Jun 22

Equity Sector Allocation
SectorValue
Financial Services23.2%
Basic Materials15.63%
Technology9.96%
Consumer Cyclical9.59%
Energy8.38%
Industrials7.83%
Consumer Defensive5.79%
Health Care5.46%
Utility4.87%
Communication Services3.33%
Real Estate3.1%
Asset Allocation
Asset ClassValue
Cash2.86%
Equity97.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK
9%₹605 Cr8,559,200
↓ -726,600
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 15 | RELIANCE
6%₹426 Cr1,642,100
↑ 341,200
Infosys Ltd (Technology)
Equity, Since 31 Dec 10 | INFY
5%₹315 Cr2,155,300
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
5%₹310 Cr6,651,900
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 17 | SUNPHARMA
4%₹251 Cr3,023,400
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | HDFCBANK
3%₹205 Cr1,522,300
↑ 250,900
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M
3%₹194 Cr1,778,800
↑ 340,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 15 | ITC
3%₹194 Cr7,094,800
HCL Technologies Ltd (Technology)
Equity, Since 31 Aug 16 | HCLTECH
2%₹147 Cr1,509,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
2%₹142 Cr913,137
↓ -309,063

6. BNP Paribas Multi Cap Fund

(Erstwhile BNP Paribas Dividend Yield Fund)

The investment objective of the scheme is to generate long term capital growth from an actively managed portfolio of equity and equity related securities, primarily being high dividend yield stocks. High dividend yield stocks are defined as stocks of companies that have a dividend yield in excess of 0.5%, at the time of investment. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

BNP Paribas Multi Cap Fund is a Equity - Multi Cap fund was launched on 15 Sep 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.9% since its launch.  Ranked 18 in Multi Cap category. .

Below is the key information for BNP Paribas Multi Cap Fund

BNP Paribas Multi Cap Fund
Growth
Launch Date 15 Sep 05
NAV (13 Mar 22) ₹73.5154 ↓ -0.01   (-0.01 %)
Net Assets (Cr) ₹588 on 31 Jan 22
Category Equity - Multi Cap
AMC BNP Paribas Asset Mgmt India Pvt. Ltd
Rating
Risk Moderately High
Expense Ratio 2.44
Sharpe Ratio 2.86
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 300
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,136
31 Jul 19₹9,776
31 Jul 20₹9,762
31 Jul 21₹15,465

BNP Paribas Multi Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for BNP Paribas Multi Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month -4.4%
3 Month -4.6%
6 Month -2.6%
1 Year 19.3%
3 Year 17.3%
5 Year 13.6%
10 Year
15 Year
Since launch 12.9%
Historical performance (Yearly) on absolute basis
YearReturns
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Fund Manager information for BNP Paribas Multi Cap Fund
NameSinceTenure

Data below for BNP Paribas Multi Cap Fund as on 31 Jan 22

Equity Sector Allocation
SectorValue
Asset Allocation
Asset ClassValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

7. UTI Bond Fund

(Erstwhile UTI - Bond Fund)

The Scheme will retain the flexibility to invest in the entire range of debt and money market instruments. The flexibility is being retained to adjust the portfolio in response to a change in the risk to return equation for asset classes under investment, with a view to maintain risks within manageable limits.

UTI Bond Fund is a Debt - Medium to Long term fund was launched on 4 May 98. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.6% since its launch.  Ranked 11 in Medium to Long term category.  Return for 2021 was 9.4% , 2020 was 1.1% and 2019 was -5.8% .

Below is the key information for UTI Bond Fund

UTI Bond Fund
Growth
Launch Date 4 May 98
NAV (17 Aug 22) ₹59.9137 ↑ 0.32   (0.53 %)
Net Assets (Cr) ₹294 on 30 Jun 22
Category Debt - Medium to Long term
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0
Sharpe Ratio 1.15
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 6.82%
Effective Maturity 7 Years 6 Months
Modified Duration 4 Years 25 Days

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,048
31 Jul 19₹9,801
31 Jul 20₹9,662
31 Jul 21₹9,849
31 Jul 22₹11,463

UTI Bond Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹188,454.
Net Profit of ₹8,454
Invest Now

Returns for UTI Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 1.3%
3 Month 1.6%
6 Month 8.4%
1 Year 17%
3 Year 5.8%
5 Year 2.9%
10 Year
15 Year
Since launch 7.6%
Historical performance (Yearly) on absolute basis
YearReturns
2021 9.4%
2020 1.1%
2019 -5.8%
2018 4%
2017 3.6%
2016 13.9%
2015 6.3%
2014 15.6%
2013 4%
2012 10.5%
Fund Manager information for UTI Bond Fund
NameSinceTenure
Amandeep Chopra31 Jan 1210.51 Yr.

Data below for UTI Bond Fund as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash15.11%
Debt84.89%
Debt Sector Allocation
SectorValue
Government80.79%
Cash Equivalent15.11%
Corporate4.11%
Credit Quality
RatingValue
AA9.07%
AAA90.93%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.1% Govt Stock 2031
Sovereign Bonds | -
15%₹46 Cr500,000,000
5.53% Govt Stock 2033
Sovereign Bonds | -
15%₹44 Cr450,000,000
6.54% Govt Stock 2032
Sovereign Bonds | -
14%₹42 Cr450,000,000
5.22% Govt Stock 2025
Sovereign Bonds | -
11%₹33 Cr350,000,000
182 Dtb 10112022
Sovereign Bonds | -
8%₹25 Cr250,000,000
Punjab National Bank
Debentures | -
5%₹15 Cr150
Food Corporation Of India
Debentures | -
5%₹14 Cr150
6.67% Govt Stock 2035
Sovereign Bonds | -
5%₹14 Cr150,000,000
182 Dtb 29092022
Sovereign Bonds | -
3%₹10 Cr100,000,000
Piramal Capital & Housing Finance Limited
Debentures | -
3%₹10 Cr123,219

8. L&T Business Cycles Fund

To seek to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian market with focus on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy

L&T Business Cycles Fund is a Equity - Sectoral fund was launched on 20 Aug 14. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.6% since its launch.  Ranked 19 in Sectoral category.  Return for 2021 was 34.5% , 2020 was 9.3% and 2019 was 5.3% .

Below is the key information for L&T Business Cycles Fund

L&T Business Cycles Fund
Growth
Launch Date 20 Aug 14
NAV (17 Aug 22) ₹24.097 ↑ 0.06   (0.26 %)
Net Assets (Cr) ₹488 on 30 Jun 22
Category Equity - Sectoral
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 2.55
Sharpe Ratio -0.23
Information Ratio -0.57
Alpha Ratio -0.71
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-18 Months (1%),18 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,137
31 Jul 19₹9,256
31 Jul 20₹8,432
31 Jul 21₹13,508
31 Jul 22₹14,713

L&T Business Cycles Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for L&T Business Cycles Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 11.3%
3 Month 14.8%
6 Month 6.8%
1 Year 13%
3 Year 19%
5 Year 9%
10 Year
15 Year
Since launch 11.6%
Historical performance (Yearly) on absolute basis
YearReturns
2021 34.5%
2020 9.3%
2019 5.3%
2018 -17.5%
2017 45.6%
2016 3.2%
2015 3.5%
2014
2013
2012
Fund Manager information for L&T Business Cycles Fund
NameSinceTenure
Venugopal Manghat20 Aug 147.95 Yr.
Cheenu Gupta2 Jul 211.08 Yr.
Sonal Gupta5 Jul 211.07 Yr.

Data below for L&T Business Cycles Fund as on 30 Jun 22

Equity Sector Allocation
SectorValue
Industrials28.22%
Financial Services24.21%
Consumer Cyclical18.82%
Basic Materials16.14%
Energy7.28%
Real Estate2.31%
Consumer Defensive0.88%
Technology0.12%
Asset Allocation
Asset ClassValue
Cash0.98%
Equity99.02%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | ICICIBANK
9%₹42 Cr591,900
↓ -51,800
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | HDFCBANK
6%₹31 Cr232,200
Timken India Ltd (Industrials)
Equity, Since 31 Dec 16 | 522113
6%₹27 Cr115,600
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
5%₹27 Cr102,600
↑ 9,800
State Bank of India (Financial Services)
Equity, Since 31 Aug 14 | SBIN
4%₹21 Cr453,100
Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 14 | SCHAEFFLER
4%₹19 Cr84,000
Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Dec 16 | RATNAMANI
4%₹18 Cr109,680
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 14 | LT
4%₹17 Cr109,798
↓ -14,202
KNR Constructions Ltd (Industrials)
Equity, Since 30 Sep 14 | 532942
3%₹15 Cr662,700
ABB India Ltd (Industrials)
Equity, Since 30 Sep 19 | ABB
3%₹13 Cr57,700

9. Sundaram Mid Cap Fund

(Erstwhile Sundaram Select Midcap Fund)

To achieve capital appreciation by investing in diversified stocks that are generally termed as mid-caps.

Sundaram Mid Cap Fund is a Equity - Mid Cap fund was launched on 30 Jul 02. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 24% since its launch.  Ranked 13 in Mid Cap category.  Return for 2021 was 37.5% , 2020 was 11.8% and 2019 was -0.3% .

Below is the key information for Sundaram Mid Cap Fund

Sundaram Mid Cap Fund
Growth
Launch Date 30 Jul 02
NAV (17 Aug 22) ₹745.386 ↑ 4.51   (0.61 %)
Net Assets (Cr) ₹6,444 on 30 Jun 22
Category Equity - Mid Cap
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 1.96
Sharpe Ratio -0.31
Information Ratio -1.23
Alpha Ratio -1.21
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,166
31 Jul 19₹8,738
31 Jul 20₹8,173
31 Jul 21₹13,698
31 Jul 22₹14,593

Sundaram Mid Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Sundaram Mid Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 12.2%
3 Month 14.9%
6 Month 8.8%
1 Year 11.5%
3 Year 20.8%
5 Year 9.3%
10 Year
15 Year
Since launch 24%
Historical performance (Yearly) on absolute basis
YearReturns
2021 37.5%
2020 11.8%
2019 -0.3%
2018 -15.4%
2017 40.8%
2016 11.3%
2015 11.2%
2014 75%
2013 4.6%
2012 38%
Fund Manager information for Sundaram Mid Cap Fund
NameSinceTenure
S. Bharath24 Feb 211.43 Yr.
Ratish Varier24 Feb 211.43 Yr.
Rohit Seksaria1 Jan 220.58 Yr.

Data below for Sundaram Mid Cap Fund as on 30 Jun 22

Equity Sector Allocation
SectorValue
Financial Services22.86%
Consumer Cyclical22.55%
Industrials15.8%
Basic Materials10.14%
Health Care8.61%
Technology6.06%
Consumer Defensive5.05%
Utility2.73%
Real Estate1.26%
Communication Services1.14%
Energy0.82%
Asset Allocation
Asset ClassValue
Cash2.97%
Equity97.03%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 09 | SCHAEFFLER
4%₹256 Cr1,118,344
↓ -88,515
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL
3%₹189 Cr2,390,329
SRF Ltd (Basic Materials)
Equity, Since 31 Oct 20 | SRF
3%₹180 Cr800,325
↑ 5,390
Grindwell Norton Ltd (Industrials)
Equity, Since 31 Dec 14 | 506076
3%₹175 Cr1,042,377
↓ -8,056
The Federal Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | FEDERALBNK
3%₹174 Cr19,328,108
Page Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | 532827
3%₹167 Cr41,588
↑ 296
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Jun 20 | NAVINFLUOR
3%₹162 Cr442,861
↑ 7,828
Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 28 Feb 13 | CHOLAFIN
3%₹161 Cr2,605,065
↓ -47,080
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 21 | 532215
2%₹156 Cr2,451,728
Bank of Baroda (Financial Services)
Equity, Since 31 Dec 20 | 532134
2%₹155 Cr15,875,025

10. Sundaram Debt Oriented Hybrid Fund

(Erstwhile Sundaram Monthly Income Plan - Aggressive Fund)

To generate regular income through investment in fixed income securities. The secondary objective is to generate long term capital appreciation by investing a portion of the schemes assets in equity and equity related instruments

Sundaram Debt Oriented Hybrid Fund is a Hybrid - Hybrid Debt fund was launched on 8 Mar 10. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 7.3% since its launch.  Ranked 8 in Hybrid Debt category.  Return for 2021 was 14.5% , 2020 was 7.3% and 2019 was 0.9% .

Below is the key information for Sundaram Debt Oriented Hybrid Fund

Sundaram Debt Oriented Hybrid Fund
Growth
Launch Date 8 Mar 10
NAV (17 Aug 22) ₹23.9615 ↑ 0.12   (0.48 %)
Net Assets (Cr) ₹32 on 30 Jun 22
Category Hybrid - Hybrid Debt
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.19
Sharpe Ratio 0.43
Information Ratio -0.11
Alpha Ratio 6.61
Min Investment 5,000
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 Jul 17₹10,000
31 Jul 18₹10,152
31 Jul 19₹10,094
31 Jul 20₹10,620
31 Jul 21₹11,725
31 Jul 22₹12,707

Sundaram Debt Oriented Hybrid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120
Invest Now

Returns for Sundaram Debt Oriented Hybrid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22

DurationReturns
1 Month 3.1%
3 Month 3.7%
6 Month 1.4%
1 Year 9.1%
3 Year 9.3%
5 Year 5.3%
10 Year
15 Year
Since launch 7.3%
Historical performance (Yearly) on absolute basis
YearReturns
2021 14.5%
2020 7.3%
2019 0.9%
2018 -1.2%
2017 12.1%
2016 9.9%
2015 8.7%
2014 21.6%
2013 0%
2012 17%
Fund Manager information for Sundaram Debt Oriented Hybrid Fund
NameSinceTenure
Dwijendra Srivastava1 Jun 1210.17 Yr.
S. Bharath16 May 220.21 Yr.
Sandeep Agarwal30 Sep 129.84 Yr.
Ashish Aggarwal1 Jan 220.58 Yr.

Data below for Sundaram Debt Oriented Hybrid Fund as on 30 Jun 22

Asset Allocation
Asset ClassValue
Cash27.27%
Equity18.9%
Debt53.82%
Equity Sector Allocation
SectorValue
Financial Services7.11%
Industrials2.66%
Consumer Defensive2.16%
Health Care1.73%
Energy1.63%
Technology1.63%
Basic Materials0.71%
Communication Services0.65%
Consumer Cyclical0.46%
Utility0.17%
Debt Sector Allocation
SectorValue
Government50.63%
Cash Equivalent27.27%
Corporate3.2%
Credit Quality
RatingValue
AA8.27%
AAA91.73%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.22% Govt Stock 2025
Sovereign Bonds | -
15%₹5 Cr500,000
6.54% Govt Stock 2032
Sovereign Bonds | -
15%₹5 Cr500,000
↑ 500,000
6.1% Govt Stock 2031
Sovereign Bonds | -
14%₹5 Cr500,000
Indian Oil Corporation Limited
Debentures | -
6%₹2 Cr20
Piramal Capital & Housing Finance Limited
Debentures | -
3%₹1 Cr12,738
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
3%₹1 Cr12,672
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | HDFCBANK
2%₹1 Cr4,914
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE
2%₹1 Cr2,151
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 19 | LT
2%₹0 Cr2,941
Procter & Gamble Hygiene and Health Care Ltd (Consumer Defensive)
Equity, Since 28 Feb 21 | PGHH
1%₹0 Cr260

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