Fincash » Mutual Funds » Australia-Based NRI Investment in Mutual Funds
Table of Contents
Mutual Funds for Australia-Based NRI Investing in India
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.
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.
Talk to our investment specialist
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) |
Popular Cities in Australia
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
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2021 (%) UTI Dynamic Bond Fund Growth ₹25.2992
↑ 0.06 ₹363 1 8.5 18.8 8.4 4.9 10.8 L&T Emerging Businesses Fund Growth ₹46.027
↑ 0.21 ₹7,336 9.6 4 15.8 29.1 13.6 77.4 Sundaram Rural and Consumption Fund Growth ₹63.1621
↑ 0.32 ₹1,075 17.4 11.7 15.7 18.2 9.2 19.3 UTI Banking & PSU Debt Fund Growth ₹18.0381
↑ 0.06 ₹303 2.6 8.3 10 7.2 5.6 2.8 L&T India Value Fund Growth ₹57.968
↑ 0.28 ₹6,886 8.4 1.5 6.8 20.4 10.5 40.3 BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01 ₹588 -4.6 -2.6 19.3 17.3 13.6 UTI Bond Fund Growth ₹59.9137
↑ 0.32 ₹294 1.6 8.4 17 5.8 2.9 9.4 L&T Business Cycles Fund Growth ₹24.097
↑ 0.06 ₹488 14.8 6.8 13 19 9 34.5 Sundaram Mid Cap Fund Growth ₹745.386
↑ 4.51 ₹6,444 14.9 8.8 11.5 20.8 9.3 37.5 Sundaram Debt Oriented Hybrid Fund Growth ₹23.9615
↑ 0.12 ₹32 3.7 1.4 9.1 9.3 5.3 14.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Aug 22
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 Below is the key information for UTI Dynamic Bond Fund Returns up to 1 year are on 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 Below is the key information for L&T Emerging Businesses Fund Returns up to 1 year are on (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 Below is the key information for Sundaram Rural and Consumption Fund Returns up to 1 year are on 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 Below is the key information for UTI Banking & PSU Debt Fund Returns up to 1 year are on 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 Below is the key information for L&T India Value Fund Returns up to 1 year are on (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 Below is the key information for BNP Paribas Multi Cap Fund Returns up to 1 year are on (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 Below is the key information for UTI Bond Fund Returns up to 1 year are on 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 Below is the key information for L&T Business Cycles Fund Returns up to 1 year are on (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 Below is the key information for Sundaram Mid Cap Fund Returns up to 1 year are on (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 Below is the key information for Sundaram Debt Oriented Hybrid Fund Returns up to 1 year are on 1. UTI Dynamic Bond Fund
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% . 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.
Date Value 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 Returns for UTI Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 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
Name Since Tenure Sudhir Agarwal 1 Dec 21 0.67 Yr. Data below for UTI Dynamic Bond Fund as on 30 Jun 22
Asset Allocation
Asset Class Value Cash 17.93% Debt 82.07% Debt Sector Allocation
Sector Value Government 74.59% Corporate 13.92% Cash Equivalent 11.49% Credit Quality
Rating Value AA 13.56% AAA 86.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity 182 Dtb 27102022
Sovereign Bonds | -26% ₹99 Cr 1,000,000,000 4.56% Govt Stock 2023
Sovereign Bonds | -13% ₹49 Cr 500,000,000 5.53% Govt Stock 2033
Sovereign Bonds | -10% ₹39 Cr 400,000,000 7.38% Govt Stock 2027
Sovereign Bonds | -9% ₹35 Cr 350,000,000
↑ 350,000,000 6.54% Govt Stock 2032
Sovereign Bonds | -8% ₹28 Cr 300,000,000
↓ -300,000,000 364 Dtb 01062023
Sovereign Bonds | -5% ₹19 Cr 200,000,000 182 Dtb 15092022
Sovereign Bonds | -3% ₹10 Cr 100,000,000
↓ -100,000,000 Punjab National Bank
Debentures | -3% ₹10 Cr 100 Piramal Capital & Housing Finance Limited
Debentures | -3% ₹10 Cr 123,219 Can Fin Homes Limited
Debentures | -3% ₹10 Cr 100 2. L&T Emerging Businesses Fund
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% . 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.
Date Value 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 Returns for L&T Emerging Businesses Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 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
Name Since Tenure Venugopal Manghat 17 Dec 19 2.62 Yr. Vihang Naik 17 Dec 19 2.62 Yr. Sonal Gupta 5 Jul 21 1.07 Yr. Data below for L&T Emerging Businesses Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Industrials 32.28% Consumer Cyclical 18.94% Basic Materials 16.62% Technology 8.26% Real Estate 7.52% Consumer Defensive 7.04% Financial Services 3.05% Health Care 2.8% Energy 0.4% Asset Allocation
Asset Class Value Cash 3.1% Equity 96.9% Top Securities Holdings / Portfolio
Name Holding Value Quantity K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | KPRMILL5% ₹391 Cr 7,582,009
↓ -100,000 Grindwell Norton Ltd (Industrials)
Equity, Since 30 Sep 17 | 5060764% ₹271 Cr 1,610,948
↓ -27,000 E I D Parry India Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | EIDPARRY3% ₹212 Cr 3,986,463
↑ 52,774 Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | BALRAMCHIN3% ₹201 Cr 5,577,995
↓ -223,750 Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jul 19 | 5329293% ₹192 Cr 4,311,022 RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 18 | RHIM2% ₹172 Cr 3,425,917 Carborundum Universal Ltd (Industrials)
Equity, Since 31 Jul 16 | CARBORUNIV2% ₹155 Cr 2,159,700 Supreme Petrochem Ltd (Basic Materials)
Equity, Since 30 Sep 16 | SPLPETRO2% ₹150 Cr 1,694,075 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 30 Nov 17 | RATNAMANI2% ₹146 Cr 880,422 KEI Industries Ltd (Industrials)
Equity, Since 31 Jan 20 | KEI2% ₹144 Cr 1,249,400 3. Sundaram Rural and Consumption Fund
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% . 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.
Date Value 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 Returns for Sundaram Rural and Consumption Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 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
Name Since Tenure Ratish Varier 1 Jan 22 0.58 Yr. Ashish Aggarwal 1 Jan 22 0.58 Yr. Data below for Sundaram Rural and Consumption Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Consumer Cyclical 35.49% Consumer Defensive 35.01% Financial Services 13.48% Basic Materials 4.4% Industrials 3.06% Communication Services 3.03% Real Estate 2.35% Technology 0.81% Asset Allocation
Asset Class Value Cash 2.38% Equity 97.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | HINDUNILVR8% ₹82 Cr 366,606 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | MARUTI7% ₹70 Cr 82,671
↓ -4,984 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL6% ₹65 Cr 823,127
↓ -100,000 Titan Co Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | TITAN6% ₹65 Cr 334,401
↑ 28,260 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | HDFCBANK6% ₹62 Cr 461,466 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | ICICIBANK5% ₹59 Cr 828,107
↓ -28,006 Tata Consumer Products Ltd (Consumer Defensive)
Equity, Since 28 Feb 17 | 5008005% ₹55 Cr 779,645 Page Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | 5328275% ₹50 Cr 12,359
↑ 09 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 13 | ITC4% ₹46 Cr 1,670,266 Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | CROMPTON4% ₹46 Cr 1,341,890 4. UTI Banking & PSU Debt Fund
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% . 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.
Date Value 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 Returns for UTI Banking & PSU Debt Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 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
Name Since Tenure Anurag Mittal 1 Dec 21 0.67 Yr. Data below for UTI Banking & PSU Debt Fund as on 30 Jun 22
Asset Allocation
Asset Class Value Cash 9.28% Debt 90.72% Debt Sector Allocation
Sector Value Government 57.8% Corporate 32.91% Cash Equivalent 9.28% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.79% Govt Stock 2027
Sovereign Bonds | -14% ₹54 Cr 550,000,000
↑ 50,000,000 7.38% Govt Stock 2027
Sovereign Bonds | -12% ₹45 Cr 450,000,000
↑ 450,000,000 National Housing Bank
Debentures | -8% ₹30 Cr 300
↑ 50 National Bank For Agriculture And Rural Development
Debentures | -7% ₹26 Cr 250 Export Import Bank Of India
Debentures | -7% ₹25 Cr 250 Power Finance Corporation Ltd.
Debentures | -6% ₹25 Cr 250 Indian Railway Finance Corporation Limited
Debentures | -6% ₹25 Cr 250 Rec Limited
Debentures | -6% ₹25 Cr 250 Axis Bank Limited
Debentures | -5% ₹20 Cr 200 Small Industries Development Bank Of India
Debentures | -5% ₹20 Cr 200
↑ 200 5. L&T India Value Fund
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% . 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.
Date Value 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 Returns for L&T India Value Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 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
Name Since Tenure Venugopal Manghat 24 Nov 12 9.69 Yr. Vihang Naik 17 Dec 19 2.62 Yr. Sonal Gupta 5 Jul 21 1.07 Yr. Data below for L&T India Value Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Financial Services 23.2% Basic Materials 15.63% Technology 9.96% Consumer Cyclical 9.59% Energy 8.38% Industrials 7.83% Consumer Defensive 5.79% Health Care 5.46% Utility 4.87% Communication Services 3.33% Real Estate 3.1% Asset Allocation
Asset Class Value Cash 2.86% Equity 97.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK9% ₹605 Cr 8,559,200
↓ -726,600 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 15 | RELIANCE6% ₹426 Cr 1,642,100
↑ 341,200 Infosys Ltd (Technology)
Equity, Since 31 Dec 10 | INFY5% ₹315 Cr 2,155,300 State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN5% ₹310 Cr 6,651,900 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 17 | SUNPHARMA4% ₹251 Cr 3,023,400 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | HDFCBANK3% ₹205 Cr 1,522,300
↑ 250,900 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M3% ₹194 Cr 1,778,800
↑ 340,000 ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 15 | ITC3% ₹194 Cr 7,094,800 HCL Technologies Ltd (Technology)
Equity, Since 31 Aug 16 | HCLTECH2% ₹147 Cr 1,509,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT2% ₹142 Cr 913,137
↓ -309,063 6. BNP Paribas Multi Cap Fund
CAGR/Annualized return of 12.9% since its launch. Ranked 18 in Multi Cap category. . 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.
Date Value 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 Returns for BNP Paribas Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 Fund Manager information for BNP Paribas Multi Cap Fund
Name Since Tenure Data below for BNP Paribas Multi Cap Fund as on 31 Jan 22
Equity Sector Allocation
Sector Value Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 7. UTI Bond Fund
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% . 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.
Date Value 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 Returns for UTI Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 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
Name Since Tenure Amandeep Chopra 31 Jan 12 10.51 Yr. Data below for UTI Bond Fund as on 30 Jun 22
Asset Allocation
Asset Class Value Cash 15.11% Debt 84.89% Debt Sector Allocation
Sector Value Government 80.79% Cash Equivalent 15.11% Corporate 4.11% Credit Quality
Rating Value AA 9.07% AAA 90.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity 6.1% Govt Stock 2031
Sovereign Bonds | -15% ₹46 Cr 500,000,000 5.53% Govt Stock 2033
Sovereign Bonds | -15% ₹44 Cr 450,000,000 6.54% Govt Stock 2032
Sovereign Bonds | -14% ₹42 Cr 450,000,000 5.22% Govt Stock 2025
Sovereign Bonds | -11% ₹33 Cr 350,000,000 182 Dtb 10112022
Sovereign Bonds | -8% ₹25 Cr 250,000,000 Punjab National Bank
Debentures | -5% ₹15 Cr 150 Food Corporation Of India
Debentures | -5% ₹14 Cr 150 6.67% Govt Stock 2035
Sovereign Bonds | -5% ₹14 Cr 150,000,000 182 Dtb 29092022
Sovereign Bonds | -3% ₹10 Cr 100,000,000 Piramal Capital & Housing Finance Limited
Debentures | -3% ₹10 Cr 123,219 8. L&T Business Cycles Fund
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% . 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.
Date Value 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 Returns for L&T Business Cycles Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 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
Name Since Tenure Venugopal Manghat 20 Aug 14 7.95 Yr. Cheenu Gupta 2 Jul 21 1.08 Yr. Sonal Gupta 5 Jul 21 1.07 Yr. Data below for L&T Business Cycles Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Industrials 28.22% Financial Services 24.21% Consumer Cyclical 18.82% Basic Materials 16.14% Energy 7.28% Real Estate 2.31% Consumer Defensive 0.88% Technology 0.12% Asset Allocation
Asset Class Value Cash 0.98% Equity 99.02% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | ICICIBANK9% ₹42 Cr 591,900
↓ -51,800 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 14 | HDFCBANK6% ₹31 Cr 232,200 Timken India Ltd (Industrials)
Equity, Since 31 Dec 16 | 5221136% ₹27 Cr 115,600 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE5% ₹27 Cr 102,600
↑ 9,800 State Bank of India (Financial Services)
Equity, Since 31 Aug 14 | SBIN4% ₹21 Cr 453,100 Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 14 | SCHAEFFLER4% ₹19 Cr 84,000 Ratnamani Metals & Tubes Ltd (Basic Materials)
Equity, Since 31 Dec 16 | RATNAMANI4% ₹18 Cr 109,680 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 14 | LT4% ₹17 Cr 109,798
↓ -14,202 KNR Constructions Ltd (Industrials)
Equity, Since 30 Sep 14 | 5329423% ₹15 Cr 662,700 ABB India Ltd (Industrials)
Equity, Since 30 Sep 19 | ABB3% ₹13 Cr 57,700 9. Sundaram Mid Cap Fund
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% . 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.
Date Value 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 Returns for Sundaram Mid Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 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
Name Since Tenure S. Bharath 24 Feb 21 1.43 Yr. Ratish Varier 24 Feb 21 1.43 Yr. Rohit Seksaria 1 Jan 22 0.58 Yr. Data below for Sundaram Mid Cap Fund as on 30 Jun 22
Equity Sector Allocation
Sector Value Financial Services 22.86% Consumer Cyclical 22.55% Industrials 15.8% Basic Materials 10.14% Health Care 8.61% Technology 6.06% Consumer Defensive 5.05% Utility 2.73% Real Estate 1.26% Communication Services 1.14% Energy 0.82% Asset Allocation
Asset Class Value Cash 2.97% Equity 97.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity Schaeffler India Ltd (Consumer Cyclical)
Equity, Since 31 Aug 09 | SCHAEFFLER4% ₹256 Cr 1,118,344
↓ -88,515 Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL3% ₹189 Cr 2,390,329 SRF Ltd (Basic Materials)
Equity, Since 31 Oct 20 | SRF3% ₹180 Cr 800,325
↑ 5,390 Grindwell Norton Ltd (Industrials)
Equity, Since 31 Dec 14 | 5060763% ₹175 Cr 1,042,377
↓ -8,056 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Dec 18 | FEDERALBNK3% ₹174 Cr 19,328,108 Page Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | 5328273% ₹167 Cr 41,588
↑ 296 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Jun 20 | NAVINFLUOR3% ₹162 Cr 442,861
↑ 7,828 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 28 Feb 13 | CHOLAFIN3% ₹161 Cr 2,605,065
↓ -47,080 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 21 | 5322152% ₹156 Cr 2,451,728 Bank of Baroda (Financial Services)
Equity, Since 31 Dec 20 | 5321342% ₹155 Cr 15,875,025 10. Sundaram Debt Oriented Hybrid Fund
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% . 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.
Date Value 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 Returns for Sundaram Debt Oriented Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 17 Aug 22 Duration Returns 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
Year Returns 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
Name Since Tenure Dwijendra Srivastava 1 Jun 12 10.17 Yr. S. Bharath 16 May 22 0.21 Yr. Sandeep Agarwal 30 Sep 12 9.84 Yr. Ashish Aggarwal 1 Jan 22 0.58 Yr. Data below for Sundaram Debt Oriented Hybrid Fund as on 30 Jun 22
Asset Allocation
Asset Class Value Cash 27.27% Equity 18.9% Debt 53.82% Equity Sector Allocation
Sector Value Financial Services 7.11% Industrials 2.66% Consumer Defensive 2.16% Health Care 1.73% Energy 1.63% Technology 1.63% Basic Materials 0.71% Communication Services 0.65% Consumer Cyclical 0.46% Utility 0.17% Debt Sector Allocation
Sector Value Government 50.63% Cash Equivalent 27.27% Corporate 3.2% Credit Quality
Rating Value AA 8.27% AAA 91.73% Top Securities Holdings / Portfolio
Name Holding Value Quantity 5.22% Govt Stock 2025
Sovereign Bonds | -15% ₹5 Cr 500,000 6.54% Govt Stock 2032
Sovereign Bonds | -15% ₹5 Cr 500,000
↑ 500,000 6.1% Govt Stock 2031
Sovereign Bonds | -14% ₹5 Cr 500,000 Indian Oil Corporation Limited
Debentures | -6% ₹2 Cr 20 Piramal Capital & Housing Finance Limited
Debentures | -3% ₹1 Cr 12,738 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK3% ₹1 Cr 12,672 HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | HDFCBANK2% ₹1 Cr 4,914 Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 18 | RELIANCE2% ₹1 Cr 2,151 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 19 | LT2% ₹0 Cr 2,941 Procter & Gamble Hygiene and Health Care Ltd (Consumer Defensive)
Equity, Since 28 Feb 21 | PGHH1% ₹0 Cr 260
How to Invest in Mutual Funds Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2022 Shepard Technologies Private Limited. All Rights Reserved