fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » New Zealand-Based NRIs to Invest in Mutual Funds India

Mutual Funds for New Zealand-Based NRI Investing in India

Updated on June 23, 2022 , 854 views

NRIs living in New Zealand can invest in a host of mutual fund schemes as per their investment objectives. Also, one who wants to diversify the investment portfolio and earn optimal returns over the time, Mutual Funds are a great option to consider.

Non-Resident Indians (NRIs) living in New Zealand can benefit from a growing home Economy by Investing in mutual funds in India. Since, the time there were headlines of India announced as the sixth largest economy in the World, it caught many NRIs investors’ attention.

Traditionally, Non-Resident Indians have been more comfortable investing in real estate in India. But, the growing economy of India has broadened the investment choices for them, especially mutual funds.

NRIs most often prefer investing in mutual funds for two main reasons- one is as they can indirectly participate in stocks via equities and the other is they can earn more returns than Bank savings accounts for a short-term by investing in debt funds. Mutual funds are also a great option for portfolio diversification. As MFs invest in multiple securities this diversifies the risk.

New-Zealand-NRI

Mutual Fund Investment for NRIs Living in New Zealand

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 New Zealand NRIs to Invest in Mutual Funds

To successfully complete your KYC procedure, New Zealand 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.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

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 New Zealand NRIs

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2021 (%)
UTI Dynamic Bond Fund Growth ₹25.0694
↓ 0.00
₹3547.67.218.28.94.810.8
L&T Emerging Businesses Fund Growth ₹40.293
↑ 0.77
₹7,580-9.8-10.510.220.111.477.4
UTI Banking & PSU Debt Fund Growth ₹17.6507
↓ 0.00
₹2695.76.68.47.15.32.8
Sundaram Rural and Consumption Fund Growth ₹53.9888
↑ 0.87
₹1,119-2.1-3.50.910.16.519.3
L&T India Value Fund Growth ₹50.196
↑ 0.43
₹7,297-11.8-11.4-0.1128.140.3
BNP Paribas Multi Cap Fund Growth ₹73.5154
↓ -0.01
₹588-4.6-2.619.317.313.6
UTI Bond Fund Growth ₹58.828
↓ -0.04
₹2966.56.115.45.92.79.4
UTI Treasury Advantage Fund Growth ₹2,870.96
↑ 0.50
₹3,0100.61.68.67.34.79
UTI Short Term Income Fund Growth ₹25.5325
↑ 0.00
₹2,425-0.10.77.48.24.78.4
Sundaram Debt Oriented Hybrid Fund Growth ₹23.0578
↑ 0.03
₹31-2.1-2.26.77.14.914.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Jun 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 (24 Jun 22) ₹25.0694 ↓ 0.00   (0.00 %)
Net Assets (Cr) ₹354 on 31 May 22
Category Debt - Dynamic Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.18
Sharpe Ratio 1.27
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 4.26%
Effective Maturity 2 Years 3 Months 4 Days
Modified Duration 9 Months 25 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,291
31 May 19₹10,494
31 May 20₹10,500
31 May 21₹10,893
31 May 22₹12,912

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 24 Jun 22

DurationReturns
1 Month
3 Month 7.6%
6 Month 7.2%
1 Year 18.2%
3 Year 8.9%
5 Year 4.8%
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 210.5 Yr.

Data below for UTI Dynamic Bond Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash34.22%
Debt65.78%
Debt Sector Allocation
SectorValue
Government58.14%
Cash Equivalent27.75%
Corporate14.11%
Credit Quality
RatingValue
AA11.38%
AAA71.79%
Below B16.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 Dtb 27102022
Sovereign Bonds | -
26%₹98 Cr1,000,000,000
5.63% Govt Stock 2026
Sovereign Bonds | -
13%₹48 Cr500,000,000
↑ 500,000,000
5.53% Govt Stock 2033
Sovereign Bonds | -
11%₹40 Cr400,000,000
182 Dtb 15092022
Sovereign Bonds | -
5%₹20 Cr200,000,000
Piramal Capital & Housing Finance Limited
Debentures | -
3%₹10 Cr123,219
Punjab National Bank
Debentures | -
3%₹10 Cr100
Can Fin Homes Limited
Debentures | -
3%₹10 Cr100
Tata Capital Limited
Debentures | -
1%₹5 Cr50
L&T Metro Rail (Hyderabad) Limited
Debentures | -
1%₹3 Cr36
Net Current Assets
Net Current Assets | -
27%₹101 Cr

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 18.7% 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 (24 Jun 22) ₹40.293 ↑ 0.77   (1.94 %)
Net Assets (Cr) ₹7,580 on 31 May 22
Category Equity - Small Cap
AMC L&T Investment Management Ltd
Rating
Risk High
Expense Ratio 1.95
Sharpe Ratio 0.97
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 May 17₹10,000
31 May 18₹11,707
31 May 19₹10,465
31 May 20₹7,089
31 May 21₹15,082
31 May 22₹18,224

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 ₹405,518.
Net Profit of ₹105,518
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 24 Jun 22

DurationReturns
1 Month -3%
3 Month -9.8%
6 Month -10.5%
1 Year 10.2%
3 Year 20.1%
5 Year 11.4%
10 Year
15 Year
Since launch 18.7%
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 192.46 Yr.
Vihang Naik17 Dec 192.46 Yr.
Sonal Gupta5 Jul 210.91 Yr.

Data below for L&T Emerging Businesses Fund as on 31 May 22

Equity Sector Allocation
SectorValue
Industrials31.03%
Consumer Cyclical20.29%
Basic Materials17.08%
Technology9.42%
Consumer Defensive7.37%
Real Estate6.45%
Health Care3.07%
Financial Services2.8%
Energy0.39%
Asset Allocation
Asset ClassValue
Cash2.08%
Equity97.92%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | KPRMILL
7%₹528 Cr8,382,009
↓ -510,625
Grindwell Norton Ltd (Industrials)
Equity, Since 30 Sep 17 | GRINDWELL
4%₹289 Cr1,684,948
Balrampur Chini Mills Ltd (Consumer Defensive)
Equity, Since 31 Jul 19 | BALRAMCHIN
3%₹257 Cr5,801,745
↓ -562,985
E I D Parry India Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | EIDPARRY
3%₹209 Cr3,933,689
↑ 1,889
RHI Magnesita India Ltd (Industrials)
Equity, Since 31 Aug 18 | RHIM
3%₹208 Cr3,425,917
Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jul 19 | BRIGADE
2%₹196 Cr4,311,022
Sonata Software Ltd (Technology)
Equity, Since 31 Jul 18 | SONATSOFTW
2%₹176 Cr2,338,967
Birlasoft Ltd (Technology)
Equity, Since 31 Aug 20 | BSOFT
2%₹173 Cr4,170,543
Carborundum Universal Ltd (Industrials)
Equity, Since 31 Jul 16 | CARBORUNIV
2%₹166 Cr2,159,700
↓ -50,000
Supreme Petrochem Ltd (Basic Materials)
Equity, Since 30 Sep 16 | 500405
2%₹155 Cr1,694,075

3. 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% 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 (24 Jun 22) ₹17.6507 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹269 on 31 May 22
Category Debt - Banking & PSU Debt
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.32
Sharpe Ratio 0.83
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.19%
Effective Maturity 1 Year 7 Months 20 Days
Modified Duration 1 Year 4 Months 10 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,554
31 May 19₹10,546
31 May 20₹11,462
31 May 21₹12,046
31 May 22₹13,039

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 24 Jun 22

DurationReturns
1 Month 0.2%
3 Month 5.7%
6 Month 6.6%
1 Year 8.4%
3 Year 7.1%
5 Year 5.3%
10 Year
15 Year
Since launch 7%
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 210.5 Yr.

Data below for UTI Banking & PSU Debt Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash16.91%
Debt83.09%
Debt Sector Allocation
SectorValue
Government42.13%
Corporate40.96%
Cash Equivalent16.91%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Limited
Debentures | -
9%₹25 Cr250
Export Import Bank Of India
Debentures | -
9%₹25 Cr250
Power Finance Corporation Ltd.
Debentures | -
9%₹24 Cr250
↑ 250
Rec Limited
Debentures | -
9%₹24 Cr250
↑ 250
Axis Bank Limited
Debentures | -
7%₹20 Cr200
Power Grid Corporation Of India Limited
Debentures | -
5%₹15 Cr500
↑ 500
Oil And Natural Gas Corporation Limited
Debentures | -
5%₹15 Cr150
National Bank For Agriculture And Rural Development
Debentures | -
5%₹14 Cr150
Housing And Urban Development Corporation Limited
Debentures | -
5%₹13 Cr125
Hindustan Petroleum Corporation Limited
Debentures | -
4%₹10 Cr100

4. 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 11% 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 (24 Jun 22) ₹53.9888 ↑ 0.87   (1.63 %)
Net Assets (Cr) ₹1,119 on 31 May 22
Category Equity - Sectoral
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.24
Sharpe Ratio 0.51
Information Ratio -0.47
Alpha Ratio -0.87
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 May 17₹10,000
31 May 18₹10,989
31 May 19₹10,651
31 May 20₹8,964
31 May 21₹13,108
31 May 22₹14,153

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 ₹357,992.
Net Profit of ₹57,992
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 24 Jun 22

DurationReturns
1 Month 0.5%
3 Month -2.1%
6 Month -3.5%
1 Year 0.9%
3 Year 10.1%
5 Year 6.5%
10 Year
15 Year
Since launch 11%
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 220.41 Yr.
Ashish Aggarwal1 Jan 220.41 Yr.

Data below for Sundaram Rural and Consumption Fund as on 31 May 22

Equity Sector Allocation
SectorValue
Consumer Defensive36.05%
Consumer Cyclical31.89%
Financial Services15.77%
Basic Materials6.59%
Industrials3.57%
Communication Services1.38%
Real Estate1.11%
Technology0.16%
Asset Allocation
Asset ClassValue
Cash3.48%
Equity96.52%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 16 | HINDUNILVR
7%₹82 Cr366,606
Titan Co Ltd (Consumer Cyclical)
Equity, Since 29 Feb 20 | TITAN
7%₹75 Cr306,141
Varun Beverages Ltd (Consumer Defensive)
Equity, Since 31 Oct 16 | VBL
6%₹72 Cr665,418
↓ -9,500
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 12 | MARUTI
6%₹68 Cr87,655
↓ -5,394
Tata Consumer Products Ltd (Consumer Defensive)
Equity, Since 28 Feb 17 | TATACONSUM
6%₹66 Cr799,477
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | ICICIBANK
6%₹64 Cr856,113
↓ -50,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 19 | HDFCBANK
5%₹62 Cr446,466
↑ 71,422
Page Industries Ltd (Consumer Cyclical)
Equity, Since 28 Feb 21 | PAGEIND
5%₹56 Cr12,350
Asian Paints Ltd (Basic Materials)
Equity, Since 31 Jul 10 | ASIANPAINT
5%₹52 Cr161,556
↓ -24,872
Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 30 Jun 18 | CROMPTON
4%₹51 Cr1,320,000

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 13.8% 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 (24 Jun 22) ₹50.196 ↑ 0.43   (0.87 %)
Net Assets (Cr) ₹7,297 on 31 May 22
Category Equity - Value
AMC L&T Investment Management Ltd
Rating
Risk Moderately High
Expense Ratio 1.88
Sharpe Ratio 0.41
Information Ratio -0.25
Alpha Ratio 0.26
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 May 17₹10,000
31 May 18₹10,757
31 May 19₹10,862
31 May 20₹8,350
31 May 21₹14,582
31 May 22₹15,837

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 ₹376,357.
Net Profit of ₹76,357
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 24 Jun 22

DurationReturns
1 Month -4.4%
3 Month -11.8%
6 Month -11.4%
1 Year -0.1%
3 Year 12%
5 Year 8.1%
10 Year
15 Year
Since launch 13.8%
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 129.52 Yr.
Vihang Naik17 Dec 192.46 Yr.
Sonal Gupta5 Jul 210.91 Yr.

Data below for L&T India Value Fund as on 31 May 22

Equity Sector Allocation
SectorValue
Financial Services24.8%
Basic Materials19.12%
Technology9.64%
Consumer Cyclical8.47%
Industrials8.09%
Health Care6.66%
Energy6.49%
Consumer Defensive4.58%
Utility4.07%
Communication Services3.34%
Real Estate3.22%
Asset Allocation
Asset ClassValue
Cash1.52%
Equity98.48%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 11 | ICICIBANK
9%₹690 Cr9,285,800
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 15 | RELIANCE
5%₹363 Cr1,300,900
Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Mar 17 | SUNPHARMA
5%₹359 Cr3,864,500
State Bank of India (Financial Services)
Equity, Since 30 Nov 20 | SBIN
4%₹330 Cr6,651,900
Infosys Ltd (Technology)
Equity, Since 31 Dec 10 | INFY
4%₹300 Cr1,910,700
↓ -573,900
Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 16 | LT
3%₹207 Cr1,222,200
K.P.R. Mill Ltd (Consumer Cyclical)
Equity, Since 31 Mar 15 | KPRMILL
2%₹184 Cr2,912,594
↓ -356,581
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | HDFCBANK
2%₹176 Cr1,271,400
↓ -424,300
ITC Ltd (Consumer Defensive)
Equity, Since 31 Aug 15 | ITC
2%₹163 Cr6,281,500
↑ 1,070,600
HCL Technologies Ltd (Technology)
Equity, Since 31 Aug 16 | HCLTECH
2%₹163 Cr1,509,000
↓ -250,300

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 May 17₹10,000
31 May 18₹10,896
31 May 19₹11,420
31 May 20₹9,468
31 May 21₹15,343

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 24 Jun 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 (24 Jun 22) ₹58.828 ↓ -0.04   (-0.07 %)
Net Assets (Cr) ₹296 on 31 May 22
Category Debt - Medium to Long term
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0
Sharpe Ratio 1.17
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.98%
Effective Maturity 7 Years 6 Months 7 Days
Modified Duration 4 Years 1 Month 17 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,217
31 May 19₹10,347
31 May 20₹9,675
31 May 21₹10,062
31 May 22₹11,652

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 24 Jun 22

DurationReturns
1 Month -0.3%
3 Month 6.5%
6 Month 6.1%
1 Year 15.4%
3 Year 5.9%
5 Year 2.7%
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 1210.34 Yr.

Data below for UTI Bond Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash8.78%
Debt91.22%
Debt Sector Allocation
SectorValue
Government87.12%
Cash Equivalent8.78%
Corporate4.1%
Credit Quality
RatingValue
AA9.71%
AAA80.78%
Below B9.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
6.54% Govt Stock 2032
Sovereign Bonds | -
19%₹57 Cr600,000,000
↑ 200,000,000
6.1% Govt Stock 2031
Sovereign Bonds | -
15%₹46 Cr500,000,000
5.53% Govt Stock 2033
Sovereign Bonds | -
15%₹45 Cr450,000,000
5.22% Govt Stock 2025
Sovereign Bonds | -
11%₹33 Cr350,000,000
182 Dtb 10112022
Sovereign Bonds | -
8%₹24 Cr250,000,000
↑ 250,000,000
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
Piramal Capital & Housing Finance Limited
Debentures | -
3%₹10 Cr123,219
182 Dtb 29092022
Sovereign Bonds | -
3%₹10 Cr100,000,000

8. UTI Treasury Advantage Fund

The scheme will endeavour to generate an attractive return for its investors consistent with capital preservation and liquidity by investing in a portfolio of quality debt securities, money market instruments and structured obligations.

UTI Treasury Advantage Fund is a Debt - Low Duration fund was launched on 23 Apr 07. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 7.2% since its launch.  Ranked 15 in Low Duration category.  Return for 2021 was 9% , 2020 was 7.3% and 2019 was -4.2% .

Below is the key information for UTI Treasury Advantage Fund

UTI Treasury Advantage Fund
Growth
Launch Date 23 Apr 07
NAV (24 Jun 22) ₹2,870.96 ↑ 0.50   (0.02 %)
Net Assets (Cr) ₹3,010 on 31 May 22
Category Debt - Low Duration
AMC UTI Asset Management Company Ltd
Rating
Risk Moderately Low
Expense Ratio 0.44
Sharpe Ratio 1.07
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 4.83%
Effective Maturity 6 Months 11 Days
Modified Duration 6 Months 29 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,641
31 May 19₹11,455
31 May 20₹11,042
31 May 21₹11,618
31 May 22₹12,624

UTI Treasury Advantage 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 Treasury Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.4%
3 Month 0.6%
6 Month 1.6%
1 Year 8.6%
3 Year 7.3%
5 Year 4.7%
10 Year
15 Year
Since launch 7.2%
Historical performance (Yearly) on absolute basis
YearReturns
2021 9%
2020 7.3%
2019 -4.2%
2018 7.3%
2017 7%
2016 8.9%
2015 8.8%
2014 9.3%
2013 9.6%
2012 9.7%
Fund Manager information for UTI Treasury Advantage Fund
NameSinceTenure
Anurag Mittal1 Dec 210.5 Yr.

Data below for UTI Treasury Advantage Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash52.76%
Debt47.24%
Debt Sector Allocation
SectorValue
Cash Equivalent35.49%
Government34.16%
Corporate30.35%
Credit Quality
RatingValue
AA8.77%
AAA91.23%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
182 Dtb 29092022
Sovereign Bonds | -
11%₹344 Cr3,500,000,000
182 Dtb 08092022
Sovereign Bonds | -
8%₹246 Cr2,500,000,000
Axis Finance Limited
Debentures | -
4%₹114 Cr1,150
07.02 MH Sdl 2022
Sovereign Bonds | -
3%₹101 Cr1,000,000,000
182 Dtb 18082022
Sovereign Bonds | -
3%₹99 Cr1,000,000,000
↑ 1,000,000,000
182 Dtb 22092022
Sovereign Bonds | -
3%₹98 Cr1,000,000,000
Mahindra Rural Housing Finance Limited
Debentures | -
2%₹78 Cr800
Rec Limited
Debentures | -
2%₹76 Cr750
8.15% Govt Stock 2022
Sovereign Bonds | -
2%₹75 Cr750,000,000
Tata Capital Limited
Debentures | -
2%₹59 Cr600

9. UTI Short Term Income Fund

To generate steady and reasonable income with low risk and high level of liquidity from a portfolio of money market securities and high quality debt.

UTI Short Term Income Fund is a Debt - Short term Bond fund was launched on 19 Sep 07. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.6% since its launch.  Ranked 10 in Short term Bond category.  Return for 2021 was 8.4% , 2020 was 10.5% and 2019 was -3.9% .

Below is the key information for UTI Short Term Income Fund

UTI Short Term Income Fund
Growth
Launch Date 19 Sep 07
NAV (24 Jun 22) ₹25.5325 ↑ 0.00   (0.01 %)
Net Assets (Cr) ₹2,425 on 31 May 22
Category Debt - Short term Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.93
Sharpe Ratio 0.89
Information Ratio 0
Alpha Ratio 0
Min Investment 10,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 5.62%
Effective Maturity 2 Years 2 Months 26 Days
Modified Duration 1 Year 3 Months 18 Days

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,493
31 May 19₹11,263
31 May 20₹11,024
31 May 21₹11,753
31 May 22₹12,665

UTI Short Term Income 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 Short Term Income Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month 0.1%
3 Month -0.1%
6 Month 0.7%
1 Year 7.4%
3 Year 8.2%
5 Year 4.7%
10 Year
15 Year
Since launch 6.6%
Historical performance (Yearly) on absolute basis
YearReturns
2021 8.4%
2020 10.5%
2019 -3.9%
2018 6%
2017 6.1%
2016 10.1%
2015 8.3%
2014 10.9%
2013 9%
2012 11.2%
Fund Manager information for UTI Short Term Income Fund
NameSinceTenure
Sudhir Agarwal25 Oct 129.61 Yr.

Data below for UTI Short Term Income Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash30.77%
Debt69.23%
Debt Sector Allocation
SectorValue
Corporate38.18%
Government31.05%
Cash Equivalent30.77%
Credit Quality
RatingValue
AA27.67%
AAA72.33%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Finance Limited
Debentures | -
6%₹159 Cr1,600
5.53% Govt Stock 2033
Sovereign Bonds | -
4%₹104 Cr1,050,000,000
Power Grid Corporation Of India Limited
Debentures | -
4%₹102 Cr1,000
National Bank For Agriculture And Rural Development
Debentures | -
4%₹99 Cr1,000
Power Finance Corporation Ltd.
Debentures | -
3%₹75 Cr750
India Grid TRust
Debentures | -
3%₹75 Cr750
Mahindra Rural Housing Finance Limited
Debentures | -
3%₹68 Cr700
Can Fin Homes Limited
Debentures | -
3%₹63 Cr650
TATA Motors Finance Limited
Debentures | -
2%₹59 Cr600
7.68% Govt Stock 2023
Sovereign Bonds | -
2%₹51 Cr500,000,000

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% 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 (24 Jun 22) ₹23.0578 ↑ 0.03   (0.13 %)
Net Assets (Cr) ₹31 on 31 May 22
Category Hybrid - Hybrid Debt
AMC Sundaram Asset Management Company Ltd
Rating
Risk Moderately High
Expense Ratio 2.19
Sharpe Ratio 0.6
Information Ratio -0.47
Alpha Ratio 6.72
Min Investment 5,000
Min SIP Investment 250
Exit Load NIL

Growth of 10,000 investment over the years.

DateValue
31 May 17₹10,000
31 May 18₹10,477
31 May 19₹10,997
31 May 20₹10,437
31 May 21₹11,890
31 May 22₹12,846

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 ₹340,450.
Net Profit of ₹40,450
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 24 Jun 22

DurationReturns
1 Month -0.3%
3 Month -2.1%
6 Month -2.2%
1 Year 6.7%
3 Year 7.1%
5 Year 4.9%
10 Year
15 Year
Since launch 7%
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 1210.01 Yr.
S. Bharath16 May 220.04 Yr.
Sandeep Agarwal30 Sep 129.67 Yr.
Ashish Aggarwal1 Jan 220.41 Yr.

Data below for Sundaram Debt Oriented Hybrid Fund as on 31 May 22

Asset Allocation
Asset ClassValue
Cash41.89%
Equity18.43%
Debt39.68%
Equity Sector Allocation
SectorValue
Financial Services6.7%
Industrials2.44%
Consumer Defensive2.05%
Health Care1.81%
Technology1.8%
Energy1.67%
Communication Services0.7%
Basic Materials0.64%
Consumer Cyclical0.43%
Utility0.17%
Debt Sector Allocation
SectorValue
Cash Equivalent41.89%
Government36.35%
Corporate3.33%
Credit Quality
RatingValue
AA20.95%
AAA79.05%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
5.22% Govt Stock 2025
Sovereign Bonds | -
15%₹5 Cr500,000
6.1% Govt Stock 2031
Sovereign Bonds | -
15%₹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
1%₹0 Cr2,941
Procter & Gamble Hygiene and Health Care Ltd (Consumer Defensive)
Equity, Since 28 Feb 21 | PGHH
1%₹0 Cr260
Axis Bank Ltd (Financial Services)
Equity, Since 28 Feb 19 | 532215
1%₹0 Cr5,120

How to Invest in Mutual Funds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Disclaimer:
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.
How helpful was this page ?
Rated 5, based on 1 reviews.
POST A COMMENT