Banking & Investments Simplified for NRIs

SBI Funds Management Limited is a Arbitrage mutual fund scheme from SBI Funds Management Limited. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. SBI Funds 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 .

SBI Funds Management Limited is a mutual fund scheme from SBI Funds Management Limited. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. SBI Funds 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%

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Fund Name	Category	Risk	1Y Return	Fund Size
SBI Nifty 50 ETF	Equity	Risk	7.09%	₹1.93 Lac
SBI BSE SENSEX ETF	Equity	Risk	7.66%	₹1.15 Lac
SBI Equity Hybrid Fund - Regular Plan - IDCW	Hybrid	Risk	0.00%	₹71,635
SBI Liquid Fund - Regular Plan - Weekly IDCW	Fixed Income	Risk	0.00%	₹60,844
SBI Liquid Fund - Regular Plan - Fortnightly IDCW	Fixed Income	Risk	0.00%	₹60,844
SBI Blue Chip Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹49,682
SBI Contra Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹42,180
SBI Focused Equity Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹34,679
SBI Small Cap Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹33,496
SBI Arbitrage Opportunities Fund - Regular Plan - IDCW	Hybrid	Risk	0.00%	₹31,140
SBI Large & Midcap Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹29,267
SBI Long Term Equity Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹27,791
SBI Savings Fund - Regular Plan Weekly IDCW	Fixed Income	Risk	0.00%	₹25,721
SBI Savings Fund - Regular Plan - IDCW	Fixed Income	Risk	0.00%	₹25,721
SBI Savings Fund - Regular Plan Daily IDCW	Fixed Income	Risk	0.00%	₹25,721
SBI Flexicap Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹22,092
SBI Magnum Midcap Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹21,818
SBI Corporate Bond Fund - Regular Plan - Monthly IDCW	Fixed Income	Risk	0.00%	₹20,414
SBI Corporate Bond Fund - Regular Plan - Quarterly IDCW	Fixed Income	Risk	0.00%	₹20,414
SBI Overnight Fund - Regular Plan - Weekly IDCW	Fixed Income	Risk	0.00%	₹18,568
SBI Short Term Debt Fund - Regular Plan Weekly IDCW	Fixed Income	Risk	0.00%	₹13,350
SBI Short Term Debt Fund - Regular Plan Fortnightly IDCW	Fixed Income	Risk	0.00%	₹13,350
SBI Short Term Debt Fund - Regular Plan - Monthly IDCW	Fixed Income	Risk	0.00%	₹13,350
SBI Magnum Ultra Short Duration Fund - Regular Plan - Weekly IDCW	Fixed Income	Risk	0.00%	₹12,177
SBI Magnum Low Duration Fund - Regular Plan - Monthly IDCW	Fixed Income	Risk	0.00%	₹11,631
SBI Magnum Low Duration Fund - Regular Plan - Weekly IDCW	Fixed Income	Risk	0.00%	₹11,631
SBI Magnum Low Duration Fund - Regular Plan - Fortnightly IDCW	Fixed Income	Risk	0.00%	₹11,631
SBI Magnum Gilt Fund - Regular Plan - IDCW	Fixed Income	Risk	0.00%	₹11,264
SBI Conservative Hybrid Fund - Regular Plan - Quarterly IDCW	Hybrid	Risk	0.00%	₹9,914
SBI Conservative Hybrid Fund - Regular Plan - Monthly IDCW	Hybrid	Risk	0.00%	₹9,914
SBI Conservative Hybrid Fund - Regular Plan - Annual IDCW	Hybrid	Risk	0.00%	₹9,914
SBI NIFTY Index Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹8,634
SBI Multi Asset Allocation Fund - Regular Plan - Monthly IDCW	Hybrid	Risk	0.00%	₹6,983
SBI Multi Asset Allocation Fund - Regular Plan - Quarterly IDCW	Hybrid	Risk	0.00%	₹6,983
SBI Multi Asset Allocation Fund - Regular Plan - Annual IDCW	Hybrid	Risk	0.00%	₹6,983
SBI Magnum Global Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹6,641
SBI Banking & Financial Services Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹6,621
SBI Magnum Medium Duration Fund - Regular Plan - IDCW	Fixed Income	Risk	0.00%	₹6,566
SBI Gold ETF	Commodity	Risk	34.61%	₹5,969
SBI Equity Savings Fund - Regular Plan - Quarterly IDCW	Hybrid	Risk	0.00%	₹5,870
SBI Equity Savings Fund - Regular Plan - Monthly IDCW	Hybrid	Risk	0.00%	₹5,870
SBI ESG Exclusionary Strategy Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹5,620
SBI Infrastructure Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹4,998
SBI Technology Opportunities Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹4,738
SBI PSU Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹4,572
SBI Nifty Bank ETF	Equity	Risk	8.94%	₹4,513
SBI Banking & PSU Fund - Regular Plan - Weekly IDCW	Fixed Income	Risk	0.00%	₹3,719
SBI Banking & PSU Fund - Regular Plan - Monthly IDCW	Fixed Income	Risk	0.00%	₹3,719
SBI Healthcare Opportunities Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹3,628
SBI Dynamic Bond Fund - Regular Plan - IDCW	Fixed Income	Risk	0.00%	₹3,324
SBI Consumption Opportunities Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹3,100
SBI Nifty 10 yr Benchmark G-Sec ETF	Fixed Income	Risk	9.33%	₹3,078
SBI Nifty Next 50 ETF	Equity	Risk	6.46%	₹2,947
SBI Gold Fund - Regular Plan - IDCW	Commodity	Risk	0.00%	₹2,583
SBI Magnum Income Fund - Regular Plan - Quarterly IDCW	Fixed Income	Risk	0.00%	₹1,854
SBI Magnum Income Fund - Regular Plan - Half Yearly - IDCW	Fixed Income	Risk	0.00%	₹1,854
SBI Magnum Constant Maturity Fund - Regular Plan - IDCW	Fixed Income	Risk	0.00%	₹1,771
SBI Magnum Comma Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹639
SBI Silver ETF	Equity	Risk	0.00%	₹483
SBI Equity Minimum Variance Fund - Regular Plan - IDCW	Equity	Risk	0.00%	₹212
SBI Nifty Private Bank ETF	Equity	Risk	7.75%	₹161
SBI Nifty 200 Quality 30 ETF	Equity	Risk	5.90%	₹130
SBI Nifty IT ETF	Equity	Risk	13.41%	₹86
SBI NIFTY 1D Rate ETF	Fixed Income	Risk	0.00%	₹28
SBI Nifty50 Equal Weight ETF	Equity	Risk	0.00%	₹22
SBI Nifty Consumption ETF	Equity	Risk	12.86%	₹20
SBI BSE Sensex Next 50 ETF	Equity	Risk	8.56%	₹20
SBI BSE 100 ETF	Equity	Risk	7.08%	₹9
SBI Nifty Bank Index Fund-Regular Plan- Growth	Equity	Risk	0.00%	₹0
SBI NIFTY IT INDEX FUND - REGULAR PLAN - IDCW REINVESTMENT	Equity	Risk	0.00%	₹0
SBI Nifty IT Index Fund - Regular Plan - Growth	Equity	Risk	0.00%	₹0

How can NRIs invest in SBI Funds 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 SBI Funds 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

Can NRIs invest in SBI Funds Management Limited?

How can NRI buy SBI Funds Management Limited ?

Does SBI Funds Management Limited accept an NRI application with a foreign bank account details?

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