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	19.48%	₹71,585.08 Cr
SBI Liquid Fund Regular Plan Growth	Money Market	low to moderate Risk	7.31%	₹65,889.2 Cr
SBI Liquid Fund Institutional Growth	Money Market	low to moderate Risk	7.31%	₹65,889.2 Cr
SBI Bluechip Fund Regular Growth	Equity	very high Risk	22.72%	₹50,446.9 Cr
SBI Contra Fund Regular Growth	Equity	very high Risk	31.63%	₹40,486.05 Cr
SBI Focused Equity Fund Growth	Equity	very high Risk	22.43%	₹34,940.52 Cr
SBI Small Cap Fund Regular Plan Growth	Equity	very high Risk	28.24%	₹33,107.25 Cr
SBI Balanced Advantage Fund Regular Growth	Allocation	high Risk	20.26%	₹32,660.78 Cr
SBI Arbitrage Opportunities Fund Regular Growth	Alternative	low Risk	7.60%	₹31,883.07 Cr
SBI Large & Midcap Fund Regular Growth	Equity	very high Risk	29.44%	₹28,660.38 Cr
SBI Savings Fund Regular Plan Growth	Fixed Income	moderate Risk	7.27%	₹28,436.56 Cr
SBI Long Term Equity Fund Regular Growth	Equity	very high Risk	41.51%	₹27,559.31 Cr
SBI Flexicap Fund Regular Growth	Equity	very high Risk	23.18%	₹22,092.9 Cr
SBI Magnum Midcap Fund Regular Growth	Equity	very high Risk	26.82%	₹21,406.76 Cr
SBI Corporate Bond Fund Regular Growth	Fixed Income	moderate Risk	7.97%	₹20,570.47 Cr
SBI Multicap Fund Regular Growth	Equity	very high Risk	31.02%	₹18,603.41 Cr
SBI Overnight Fund Regular Plan Growth	Money Market	low Risk	6.62%	₹18,377.82 Cr
SBI Short Term Debt Fund Retail Plan Growth	Fixed Income	low to moderate Risk	7.79%	₹13,303.37 Cr
SBI Short Term Debt Fund Regular Growth	Fixed Income	low to moderate Risk	7.79%	₹13,303.37 Cr
SBI Magnum Low Duration Fund Regular Plan Growth	Fixed Income	low to moderate Risk	7.36%	₹12,130.72 Cr
SBI Magnum Low Duration Fund Institutional Growth	Fixed Income	low to moderate Risk	7.37%	₹12,130.72 Cr
SBI Magnum Ultra Short Duration Fund Regular Plan Growth	Fixed Income	moderate Risk	7.45%	₹11,857.95 Cr
SBI Energy Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹11,717.96 Cr
SBI Magnum Gilt Fund PF Plan Regular Growth	Fixed Income	low to moderate Risk	9.18%	₹10,839.24 Cr
SBI Magnum Gilt Fund Regular Growth	Fixed Income	low to moderate Risk	9.18%	₹10,839.24 Cr
SBI Magnum Gilt Fund PF Plan Fixed Period 3 year Growth	Fixed Income	low to moderate Risk	9.18%	₹10,839.24 Cr
SBI Conservative Hybrid Fund Regular Growth	Allocation	high Risk	13.44%	₹10,076.16 Cr
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund Regular Growth	Fixed Income	moderate Risk	8.04%	₹9,803.81 Cr
SBI Dividend Yield Fund Regular Growth	Equity	very high Risk	29.05%	₹9,771.4 Cr
SBI Nifty Index Fund Regular Growth	Equity	very high Risk	21.78%	₹8,465.4 Cr
SBI Innovative Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹8,173.79 Cr
SBI Automotive Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹6,810.82 Cr
SBI Magnum Medium Duration Fund Regular Growth	Fixed Income	moderately high Risk	8.08%	₹6,688.66 Cr
SBI Multi Asset Allocation Fund Regular Growth	Allocation	high Risk	20.96%	₹6,590.55 Cr
SBI Magnum Global Fund Regular Growth	Equity	very high Risk	10.48%	₹6,549.98 Cr
SBI Banking & Financial Services Regular Growth	Equity	very high Risk	28.62%	₹6,456.95 Cr
SBI ESG Exclusionary Strategy Fund Regular Growth	Equity	very high Risk	25.49%	₹6,111.6 Cr
SBI Equity Savings Regular Growth	Allocation	moderately high Risk	14.20%	₹5,616.38 Cr
SBI Infrastructure Fund Regular Growth	Equity	very high Risk	34.18%	₹4,962.73 Cr
SBI PSU Regular Growth	Equity	very high Risk	49.87%	₹4,471.14 Cr
SBI Technology Opportunities Fund Regular Growth	Equity	very high Risk	38.22%	₹4,304.48 Cr
SBI Banking and PSU Fund Regular Plan Growth	Fixed Income	low to moderate Risk	7.73%	₹3,795.76 Cr
SBI Healthcare Opportunities Fund Regular Growth	Equity	very high Risk	46.07%	₹3,416.13 Cr
SBI Dynamic Bond Regular Growth	Fixed Income	moderate Risk	8.85%	₹3,304.98 Cr
SBI Consumption Opportunities Fund Regular Plan Growth	Equity	very high Risk	28.92%	₹3,014.92 Cr
SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth	Allocation	very high Risk	34.53%	₹2,824.86 Cr
SBI Retirement Benefit Fund - Aggressive Plan Regular Growth	Allocation	very high Risk	22.69%	₹2,714.93 Cr
SBI Gold Fund Regular Plan Growth	Commodities	high Risk	20.66%	₹2,522 Cr
SBI Long Duration Fund Regular Growth	Fixed Income	moderately high Risk	11.85%	₹2,406.69 Cr
SBI CRISIL IBX Gilt Index June 2036 Fund Regular Growth	Fixed Income	moderately high Risk	10.79%	₹2,405.24 Cr
SBI Credit Risk Fund Regular Plan Growth	Fixed Income	high Risk	8.04%	₹2,311.36 Cr
SBI CRISIL IBX Gilt Index - April 2029 Fund Regular Growth	Fixed Income	moderately high Risk	8.84%	₹2,204.23 Cr
SBI Magnum Income Fund Regular Growth	Fixed Income	moderately high Risk	8.44%	₹1,807.38 Cr
SBI Magnum Constant Maturity Fund Regular Growth	Fixed Income	moderately high Risk	9.60%	₹1,762.06 Cr
SBI Retirement Benefit Fund - Aggressive Hybrid Plan Regular Growth	Allocation	very high Risk	20.22%	₹1,517.12 Cr
SBI Nifty Next 50 Index Fund Regular Growth	Equity	very high Risk	46.16%	₹1,394.7 Cr
SBI Floating Rate Debt Fund Regular Growth	Fixed Income	low to moderate Risk	8.46%	₹1,169.78 Cr
SBI Nifty Smallcap 250 Index Fund Regular Growth	Equity	very high Risk	30.93%	₹1,160.93 Cr
SBI Nifty50 Equal Weight Index Fund Regular Growth	Equity	very high Risk	0.00%	₹1,137.29 Cr
SBI CRISIL IBX SDL Index September 2027 Fund Regular Growth	Fixed Income	low to moderate Risk	8.74%	₹1,103.01 Cr
SBI International Access - US Equity FoF Regular Growth	Equity	very high Risk	37.66%	₹924.89 Cr
SBI Nifty 500 Index Fund Regular Growth	Equity	very high Risk	0.00%	₹816.57 Cr
SBI Nifty Midcap 150 Index Fund Regular Growth	Equity	very high Risk	30.85%	₹671.73 Cr
SBI Magnum Comma Fund Regular Growth	Equity	very high Risk	24.17%	₹654.93 Cr
SBI Silver ETF Fund of Fund Regular Growth	Commodities	very high Risk	0.00%	₹288.04 Cr
SBI Retirement Benefit Fund - Conservative Hybrid Plan Regular Growth	Allocation	high Risk	14.07%	₹274.81 Cr
SBI BSE Sensex Index Fund Regular Growth	Equity	very high Risk	20.31%	₹228.58 Cr
SBI Equity Minimum Variance Fund Regular Growth	Equity	very high Risk	19.60%	₹219.26 Cr
SBI Retirement Benefit Fund - Conservative Plan Regular Growth	Allocation	moderately high Risk	11.40%	₹177.15 Cr
SBI Magnum Children's Benefit Fund Regular Growth	Allocation	high Risk	19.69%	₹121.44 Cr
SBI Nifty India Consumption Index Fund Regular Growth	Equity	very high Risk	0.00%	₹0

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

Frequently Asked Questions

Can NRIs invest in SBI Funds Management Ltd?

How can NRI buy SBI Funds Management Ltd ?

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

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