Banking & Investments Simplified for NRIs

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

Fund Name	Category	Risk	1Y Return	Fund Size
SBI Equity Hybrid Fund Regular Growth	Allocation	very high Risk	25.77%	₹67,196.19 Cr
SBI Liquid Fund Regular Plan Growth	Money Market	moderate Risk	7.19%	₹52,944.98 Cr
SBI Liquid Fund Institutional Growth	Money Market	moderate Risk	7.19%	₹52,944.98 Cr
SBI Bluechip Fund Regular Growth	Equity	very high Risk	25.16%	₹44,819.48 Cr
SBI Focused Equity Fund Growth	Equity	very high Risk	32.27%	₹32,190.38 Cr
SBI Balanced Advantage Fund Regular Growth	Allocation	moderately high Risk	25.37%	₹28,823.16 Cr
SBI Arbitrage Opportunities Fund Regular Growth	Alternative	low Risk	7.81%	₹27,585.87 Cr
SBI Contra Fund Regular Growth	Equity	very high Risk	49.76%	₹26,776.87 Cr
SBI Small Cap Fund Regular Plan Growth	Equity	very high Risk	41.26%	₹25,434.98 Cr
SBI Overnight Fund Regular Plan Growth	Money Market	low Risk	6.67%	₹22,250.55 Cr
SBI Long Term Equity Fund Regular Growth	Equity	very high Risk	60.61%	₹21,976.26 Cr
SBI Savings Fund Regular Plan Growth	Fixed Income	moderate Risk	7.05%	₹21,272.92 Cr
SBI Large & Midcap Fund Regular Growth	Equity	very high Risk	34.34%	₹21,270.03 Cr
SBI Flexicap Fund Regular Growth	Equity	very high Risk	29.38%	₹20,283.05 Cr
SBI Corporate Bond Fund Regular Growth	Fixed Income	moderate Risk	6.37%	₹20,242.98 Cr
SBI Magnum Midcap Fund Regular Growth	Equity	very high Risk	40.56%	₹16,856.01 Cr
SBI Multicap Fund Regular Growth	Equity	very high Risk	36.86%	₹14,900.41 Cr
SBI Short Term Debt Fund Retail Plan Growth	Fixed Income	moderate Risk	6.44%	₹12,846.6 Cr
SBI Short Term Debt Fund Regular Growth	Fixed Income	moderate Risk	6.44%	₹12,846.6 Cr
SBI Magnum Low Duration Fund Regular Plan Growth	Fixed Income	moderate Risk	6.86%	₹10,378.37 Cr
SBI Magnum Low Duration Fund Institutional Growth	Fixed Income	moderate Risk	6.86%	₹10,378.37 Cr
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund Regular Growth	Fixed Income	moderate Risk	6.55%	₹10,059.25 Cr
SBI Magnum Ultra Short Duration Fund Regular Plan Growth	Fixed Income	moderate Risk	7.19%	₹9,798.67 Cr
SBI Conservative Hybrid Fund Regular Growth	Allocation	high Risk	14.33%	₹9,697.44 Cr
SBI Magnum Gilt Fund PF Plan Regular Growth	Fixed Income	moderate Risk	6.56%	₹8,133.9 Cr
SBI Magnum Gilt Fund Regular Growth	Fixed Income	moderate Risk	6.56%	₹8,133.9 Cr
SBI Magnum Gilt Fund PF Plan Fixed Period 3 year Growth	Fixed Income	moderate Risk	6.56%	₹8,133.9 Cr
SBI Energy Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹7,454.13 Cr
SBI Dividend Yield Fund Regular Growth	Equity	very high Risk	34.88%	₹6,934.94 Cr
SBI Nifty Index Fund Regular Growth	Equity	very high Risk	25.83%	₹6,850.03 Cr
SBI Magnum Medium Duration Fund Regular Growth	Fixed Income	moderately high Risk	6.66%	₹6,307.77 Cr
SBI Magnum Global Fund Regular Growth	Equity	very high Risk	16.89%	₹6,276 Cr
SBI ESG Exclusionary Strategy Fund Regular Growth	Equity	very high Risk	30.41%	₹5,525.3 Cr
SBI Banking & Financial Services Regular Growth	Equity	very high Risk	32.31%	₹5,056.05 Cr
SBI Equity Savings Regular Growth	Allocation	moderately high Risk	20.12%	₹4,543.83 Cr
SBI Multi Asset Allocation Fund Regular Growth	Allocation	very high Risk	29.20%	₹4,467.64 Cr
SBI Banking and PSU Fund Regular Plan Growth	Fixed Income	low to moderate Risk	6.26%	₹4,288.28 Cr
SBI Technology Opportunities Fund Regular Growth	Equity	very high Risk	25.72%	₹3,668.14 Cr
SBI Dynamic Bond Regular Growth	Fixed Income	moderate Risk	6.14%	₹3,077.19 Cr
SBI Healthcare Opportunities Fund Regular Growth	Equity	very high Risk	53.73%	₹2,626.34 Cr
SBI Credit Risk Fund Regular Plan Growth	Fixed Income	high Risk	6.73%	₹2,490.06 Cr
SBI Infrastructure Fund Regular Growth	Equity	very high Risk	67.35%	₹2,432.22 Cr
SBI CRISIL IBX Gilt Index June 2036 Fund Regular Growth	Fixed Income	moderately high Risk	6.81%	₹2,263.26 Cr
SBI CRISIL IBX Gilt Index - April 2029 Fund Regular Growth	Fixed Income	moderately high Risk	6.23%	₹2,225.99 Cr
SBI Retirement Benefit Fund - Aggressive Plan Regular Growth	Allocation	very high Risk	30.93%	₹2,213.12 Cr
SBI Consumption Opportunities Fund Regular Plan Growth	Equity	very high Risk	35.99%	₹2,026.18 Cr
SBI PSU Regular Growth	Equity	very high Risk	96.20%	₹1,875.84 Cr
SBI Magnum Income Fund Regular Growth	Fixed Income	moderately high Risk	6.24%	₹1,745.92 Cr
SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth	Allocation	very high Risk	39.94%	₹1,732.5 Cr
SBI Magnum Constant Maturity Fund Regular Growth	Fixed Income	moderately high Risk	6.11%	₹1,641.21 Cr
SBI Gold Fund Regular Plan Growth	Commodities	high Risk	18.75%	₹1,603.76 Cr
SBI Long Duration Fund Regular Growth	Fixed Income	moderately high Risk	6.57%	₹1,595.75 Cr
SBI Retirement Benefit Fund - Aggressive Hybrid Plan Regular Growth	Allocation	very high Risk	26.46%	₹1,306.37 Cr
SBI Floating Rate Debt Fund Regular Growth	Fixed Income	moderate Risk	8.00%	₹1,172.6 Cr
SBI CRISIL IBX SDL Index September 2027 Fund Regular Growth	Fixed Income	low to moderate Risk	6.65%	₹1,074.84 Cr
SBI Nifty50 Equal Weight Index Fund Regular Growth	Equity	very high Risk	0.00%	₹982.84 Cr
SBI International Access - US Equity FoF Regular Growth	Equity	very high Risk	31.84%	₹903.01 Cr
SBI Nifty Next 50 Index Fund Regular Growth	Equity	very high Risk	63.87%	₹745.44 Cr
SBI Nifty Smallcap 250 Index Fund Regular Growth	Equity	very high Risk	67.57%	₹603.69 Cr
SBI Magnum Comma Fund Regular Growth	Equity	very high Risk	48.88%	₹550.96 Cr
SBI Nifty Midcap 150 Index Fund Regular Growth	Equity	very high Risk	57.58%	₹345.69 Cr
SBI Retirement Benefit Fund - Conservative Hybrid Plan Regular Growth	Allocation	high Risk	15.87%	₹254.87 Cr
SBI Equity Minimum Variance Fund Regular Growth	Equity	very high Risk	30.94%	₹189.69 Cr
SBI Retirement Benefit Fund - Conservative Plan Regular Growth	Allocation	moderately high Risk	10.92%	₹168.12 Cr
SBI S&P BSE Sensex Index Fund Regular Growth	Equity	very high Risk	0.00%	₹155.02 Cr
SBI Magnum Children's Benefit Fund Regular Growth	Allocation	moderately high Risk	18.47%	₹108.64 Cr

How can NRIs invest in SBI Funds Management Ltd?

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 Ltd

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

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