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 Liquid Fund Regular Plan Growth	Money Market	low to moderate Risk	6.91%	₹61,207.49 Cr
SBI Liquid Fund Institutional Growth	Money Market	low to moderate Risk	6.91%	₹61,207.49 Cr
SBI Equity Hybrid Fund Regular Growth	Allocation	very high Risk	8.93%	₹59,302.29 Cr
SBI Bluechip Fund Regular Growth	Equity	very high Risk	11.91%	₹38,597.97 Cr
SBI Focused Equity Fund Growth	Equity	very high Risk	15.62%	₹29,316.52 Cr
SBI Balanced Advantage Fund Regular Growth	Allocation	high Risk	14.57%	₹24,344.35 Cr
SBI Arbitrage Opportunities Fund Regular Growth	Alternative	low Risk	7.64%	₹22,370.08 Cr
SBI Small Cap Fund Regular Plan Growth	Equity	very high Risk	19.56%	₹21,140.15 Cr
SBI Corporate Bond Fund Regular Growth	Fixed Income	moderate Risk	6.29%	₹20,492.79 Cr
SBI Savings Fund Regular Plan Growth	Fixed Income	moderate Risk	6.89%	₹19,337.37 Cr
SBI Overnight Fund Regular Plan Growth	Money Market	low Risk	6.52%	₹18,388.27 Cr
SBI Flexicap Fund Regular Growth	Equity	very high Risk	13.08%	₹17,569.59 Cr
SBI Contra Fund Regular Growth	Equity	very high Risk	25.91%	₹16,667.16 Cr
SBI Long Term Equity Fund Regular Growth	Equity	very high Risk	26.84%	₹15,773.93 Cr
SBI Large & Midcap Fund Regular Growth	Equity	very high Risk	14.78%	₹15,648.67 Cr
SBI Short Term Debt Fund Retail Plan Growth	Fixed Income	moderate Risk	6.31%	₹13,517.55 Cr
SBI Short Term Debt Fund Regular Growth	Fixed Income	moderate Risk	6.31%	₹13,517.55 Cr
SBI Magnum Midcap Fund Regular Growth	Equity	very high Risk	25.53%	₹13,202.34 Cr
SBI Multicap Fund Regular Growth	Equity	very high Risk	16.20%	₹12,958.44 Cr
SBI Magnum Ultra Short Duration Fund Regular Plan Growth	Fixed Income	moderate Risk	6.97%	₹12,008.06 Cr
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund Regular Growth	Fixed Income	low to moderate Risk	6.30%	₹11,172.58 Cr
SBI Magnum Low Duration Fund Regular Plan Growth	Fixed Income	moderate Risk	6.68%	₹10,544.77 Cr
SBI Magnum Low Duration Fund Institutional Growth	Fixed Income	moderate Risk	6.68%	₹10,544.77 Cr
SBI Conservative Hybrid Fund Regular Growth	Allocation	high Risk	9.44%	₹9,022.16 Cr
SBI Magnum Gilt Fund PF Plan Regular Growth	Fixed Income	moderate Risk	6.33%	₹7,792.07 Cr
SBI Magnum Gilt Fund Regular Growth	Fixed Income	moderate Risk	6.33%	₹7,792.07 Cr
SBI Magnum Gilt Fund PF Plan Fixed Period 3 year Growth	Fixed Income	moderate Risk	6.33%	₹7,792.07 Cr
SBI Magnum Medium Duration Fund Regular Growth	Fixed Income	moderately high Risk	6.70%	₹6,953.92 Cr
SBI Magnum Global Fund Regular Growth	Equity	very high Risk	15.94%	₹6,122.2 Cr
SBI Dividend Yield Fund Regular Growth	Equity	very high Risk	0.00%	₹5,207.74 Cr
SBI Nifty Index Fund Regular Growth	Equity	very high Risk	8.30%	₹5,088.94 Cr
SBI Magnum Equity ESG Fund Regular Growth	Equity	very high Risk	12.87%	₹4,879.42 Cr
SBI Banking and PSU Fund Regular Plan Growth	Fixed Income	low to moderate Risk	6.21%	₹4,420.4 Cr
SBI Banking & Financial Services Regular Growth	Equity	very high Risk	10.98%	₹4,244.7 Cr
SBI Technology Opportunities Fund Regular Growth	Equity	very high Risk	13.85%	₹3,184.96 Cr
SBI Equity Savings Regular Growth	Allocation	moderately high Risk	14.50%	₹3,072.61 Cr
SBI Dynamic Bond Regular Growth	Fixed Income	moderate Risk	6.01%	₹2,953.12 Cr
SBI Credit Risk Fund Regular Plan Growth	Fixed Income	moderately high Risk	8.09%	₹2,689.26 Cr
SBI Multi Asset Allocation Fund Regular Growth	Allocation	high Risk	18.33%	₹2,465.49 Cr
SBI Floating Rate Debt Fund Regular Growth	Fixed Income	low to moderate Risk	7.52%	₹2,183.63 Cr
SBI CRISIL IBX Gilt Index June 2036 Fund Regular Growth	Fixed Income	moderate Risk	6.05%	₹2,132.96 Cr
SBI CRISIL IBX Gilt Index - April 2029 Fund Regular Growth	Fixed Income	moderate Risk	6.37%	₹2,065.65 Cr
SBI Healthcare Opportunities Fund Regular Growth	Equity	very high Risk	28.14%	₹1,982.47 Cr
SBI Retirement Benefit Fund - Aggressive Plan Regular Growth	Allocation	very high Risk	15.13%	₹1,762.28 Cr
SBI Magnum Income Fund Regular Growth	Fixed Income	moderately high Risk	6.22%	₹1,695.9 Cr
SBI Consumption Opportunities Fund Regular Plan Growth	Equity	very high Risk	22.00%	₹1,647.77 Cr
SBI Magnum Constant Maturity Fund Regular Growth	Fixed Income	moderate Risk	5.80%	₹1,536.89 Cr
SBI Gold Fund Regular Plan Growth	Commodities	high Risk	17.26%	₹1,460.6 Cr
SBI Infrastructure Fund Regular Growth	Equity	very high Risk	37.92%	₹1,308.66 Cr
SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth	Allocation	very high Risk	23.39%	₹1,271.43 Cr
SBI CRISIL IBX SDL Index September 2027 Fund Regular Growth	Fixed Income	moderate Risk	6.17%	₹1,173.84 Cr
SBI Retirement Benefit Fund - Aggressive Hybrid Plan Regular Growth	Allocation	very high Risk	14.11%	₹1,118.59 Cr
SBI Long Duration Fund Regular Growth	Fixed Income	moderate Risk	0.00%	₹914.14 Cr
SBI PSU Regular Growth	Equity	very high Risk	31.81%	₹823.13 Cr
SBI International Access - US Equity FoF Regular Growth	Equity	very high Risk	13.30%	₹731.17 Cr
SBI Nifty Next 50 Index Fund Regular Growth	Equity	very high Risk	10.36%	₹507.29 Cr
SBI Magnum Comma Fund Regular Growth	Equity	very high Risk	16.54%	₹459.6 Cr
SBI Nifty Smallcap 250 Index Fund Regular Growth	Equity	very high Risk	36.78%	₹331.84 Cr
SBI Retirement Benefit Fund - Conservative Hybrid Plan Regular Growth	Allocation	high Risk	10.16%	₹242.47 Cr
SBI Nifty Midcap 150 Index Fund Regular Growth	Equity	very high Risk	31.57%	₹198.39 Cr
SBI Retirement Benefit Fund - Conservative Plan Regular Growth	Allocation	moderately high Risk	8.21%	₹162 Cr
SBI Equity Minimum Variance Fund Regular Growth	Equity	very high Risk	15.82%	₹157.97 Cr
SBI S&P BSE Sensex Index Fund Regular Growth	Equity	very high Risk	0.00%	₹130.58 Cr
SBI Magnum Children's Benefit Fund Regular Growth	Allocation	high Risk	14.06%	₹101.61 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 2023