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IDBI Mutual Fund for NRIs - Top Funds, AUM, Returns 2024

IDBI Asset Management Limited is a Arbitrage mutual fund scheme from IDBI Asset Management Limited. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. IDBI Asset Management Limited has ₹9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an .

IDBI Asset Management Limited is a mutual fund scheme from IDBI Asset Management Limited. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. IDBI Asset Management Limited has ₹9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an Avg 1 year Return of Kotak Mutual Fund is 15.34%

Best IDBI Mutual Funds for NRIs

Fund NameCategoryRisk1Y ReturnFund Size
IDBI India Top 100 Equity Fund GrowthEquityvery high Risk15.39%654.87 Cr
IDBI Liquid GrowthMoney Marketlow to moderate Risk6.55%526.83 Cr
IDBI Equity Advantage Fund Regular GrowthEquityvery high Risk19.89%484.91 Cr
IDBI Flexi Cap Fund Regular GrowthEquityvery high Risk13.54%382.5 Cr
IDBI Nifty 50 Index GrowthEquityvery high Risk16.16%207.73 Cr
IDBI Hybrid Equity Fund Regular GrowthAllocationvery high Risk12.06%179.04 Cr
IDBI Ultra Short Term GrowthFixed Incomelow to moderate Risk6.39%143.9 Cr
IDBI Banking Financial Services Fund GrowthEquityvery high Risk17.58%86.62 Cr
IDBI Short Term Bond GrowthFixed Incomelow to moderate Risk6.21%25.49 Cr
IDBI Credit Risk Fund Regular GrowthFixed Incomelow to moderate Risk6.31%22.8 Cr
IDBI Dynamic Bond Fund GrowthFixed Incomelow to moderate Risk1.91%16.01 Cr
IDBI Gilt Fund GrowthFixed Incomelow Risk2.27%7.89 Cr

How can NRIs invest in IDBI Asset Management Limited?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in IDBI Asset Management Limited
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions

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