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	24.88%	₹73,405.39 Cr
SBI Liquid Fund Regular Plan Growth	Money Market	low to moderate Risk	7.27%	₹67,570.48 Cr
SBI Liquid Fund Institutional Growth	Money Market	low to moderate Risk	7.27%	₹67,570.48 Cr
SBI Bluechip Fund Regular Growth	Equity	very high Risk	27.02%	₹51,632.73 Cr
SBI Contra Fund Regular Growth	Equity	very high Risk	43.33%	₹39,432.5 Cr
SBI Focused Equity Fund Growth	Equity	very high Risk	27.84%	₹35,570.57 Cr
SBI Small Cap Fund Regular Plan Growth	Equity	very high Risk	36.87%	₹33,068.53 Cr
SBI Balanced Advantage Fund Regular Growth	Allocation	high Risk	22.86%	₹32,440.91 Cr
SBI Arbitrage Opportunities Fund Regular Growth	Alternative	low Risk	7.71%	₹32,415.26 Cr
SBI Savings Fund Regular Plan Growth	Fixed Income	moderate Risk	7.09%	₹28,686.06 Cr
SBI Large & Midcap Fund Regular Growth	Equity	very high Risk	34.17%	₹28,172.46 Cr
SBI Long Term Equity Fund Regular Growth	Equity	very high Risk	52.45%	₹28,000.03 Cr
SBI Flexicap Fund Regular Growth	Equity	very high Risk	30.11%	₹22,986.72 Cr
SBI Magnum Midcap Fund Regular Growth	Equity	very high Risk	34.56%	₹21,516.89 Cr
SBI Corporate Bond Fund Regular Growth	Fixed Income	moderate Risk	7.40%	₹20,176.19 Cr
SBI Multicap Fund Regular Growth	Equity	very high Risk	35.71%	₹18,448.66 Cr
SBI Overnight Fund Regular Plan Growth	Money Market	low Risk	6.68%	₹16,968.96 Cr
SBI Short Term Debt Fund Retail Plan Growth	Fixed Income	low to moderate Risk	7.36%	₹13,299.65 Cr
SBI Short Term Debt Fund Regular Growth	Fixed Income	low to moderate Risk	7.36%	₹13,299.65 Cr
SBI Magnum Ultra Short Duration Fund Regular Plan Growth	Fixed Income	moderate Risk	7.26%	₹12,828.42 Cr
SBI Magnum Low Duration Fund Regular Plan Growth	Fixed Income	low to moderate Risk	7.12%	₹11,828.2 Cr
SBI Magnum Low Duration Fund Institutional Growth	Fixed Income	low to moderate Risk	7.12%	₹11,828.2 Cr
SBI Energy Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹10,894.33 Cr
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund Regular Growth	Fixed Income	moderate Risk	7.57%	₹10,234.51 Cr
SBI Conservative Hybrid Fund Regular Growth	Allocation	high Risk	14.35%	₹10,006.83 Cr
SBI Magnum Gilt Fund PF Plan Regular Growth	Fixed Income	low to moderate Risk	9.29%	₹9,500.76 Cr
SBI Magnum Gilt Fund Regular Growth	Fixed Income	low to moderate Risk	9.29%	₹9,500.76 Cr
SBI Magnum Gilt Fund PF Plan Fixed Period 3 year Growth	Fixed Income	low to moderate Risk	9.29%	₹9,500.76 Cr
SBI Dividend Yield Fund Regular Growth	Equity	very high Risk	36.77%	₹9,207.03 Cr
SBI Nifty Index Fund Regular Growth	Equity	very high Risk	27.51%	₹8,483.97 Cr
SBI Magnum Global Fund Regular Growth	Equity	very high Risk	12.81%	₹6,788.62 Cr
SBI Automotive Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹6,595.69 Cr
SBI Magnum Medium Duration Fund Regular Growth	Fixed Income	moderately high Risk	7.62%	₹6,195.4 Cr
SBI Banking & Financial Services Regular Growth	Equity	very high Risk	33.25%	₹6,120.42 Cr
SBI ESG Exclusionary Strategy Fund Regular Growth	Equity	very high Risk	31.78%	₹6,046.23 Cr
SBI Multi Asset Allocation Fund Regular Growth	Allocation	high Risk	24.60%	₹5,865.8 Cr
SBI Equity Savings Regular Growth	Allocation	moderately high Risk	15.67%	₹5,088.38 Cr
SBI PSU Regular Growth	Equity	very high Risk	67.86%	₹4,851.11 Cr
SBI Infrastructure Fund Regular Growth	Equity	very high Risk	55.91%	₹4,790.48 Cr
SBI Technology Opportunities Fund Regular Growth	Equity	very high Risk	33.82%	₹4,387.45 Cr
SBI Banking and PSU Fund Regular Plan Growth	Fixed Income	low to moderate Risk	7.35%	₹3,774.24 Cr
SBI Healthcare Opportunities Fund Regular Growth	Equity	very high Risk	48.26%	₹3,202.66 Cr
SBI Dynamic Bond Regular Growth	Fixed Income	moderate Risk	8.63%	₹3,195.85 Cr
SBI Consumption Opportunities Fund Regular Plan Growth	Equity	very high Risk	40.08%	₹2,853.9 Cr
SBI Retirement Benefit Fund - Aggressive Plan Regular Growth	Allocation	very high Risk	28.00%	₹2,763.33 Cr
SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth	Allocation	very high Risk	42.30%	₹2,693.38 Cr
SBI CRISIL IBX Gilt Index June 2036 Fund Regular Growth	Fixed Income	moderately high Risk	9.80%	₹2,483.55 Cr
SBI Credit Risk Fund Regular Plan Growth	Fixed Income	high Risk	7.81%	₹2,370.34 Cr
SBI CRISIL IBX Gilt Index - April 2029 Fund Regular Growth	Fixed Income	moderately high Risk	8.66%	₹2,167.72 Cr
SBI Long Duration Fund Regular Growth	Fixed Income	moderately high Risk	11.03%	₹2,035.15 Cr
SBI Gold Fund Regular Plan Growth	Commodities	high Risk	20.07%	₹2,027.77 Cr
SBI Magnum Income Fund Regular Growth	Fixed Income	moderately high Risk	7.87%	₹1,792.09 Cr
SBI Magnum Constant Maturity Fund Regular Growth	Fixed Income	moderately high Risk	8.95%	₹1,658.12 Cr
SBI Retirement Benefit Fund - Aggressive Hybrid Plan Regular Growth	Allocation	very high Risk	24.83%	₹1,544.6 Cr
SBI Nifty Next 50 Index Fund Regular Growth	Equity	very high Risk	63.31%	₹1,311.39 Cr
SBI Floating Rate Debt Fund Regular Growth	Fixed Income	low to moderate Risk	8.26%	₹1,135.26 Cr
SBI CRISIL IBX SDL Index September 2027 Fund Regular Growth	Fixed Income	low to moderate Risk	8.07%	₹1,088.86 Cr
SBI Nifty50 Equal Weight Index Fund Regular Growth	Equity	very high Risk	0.00%	₹1,075.5 Cr
SBI Nifty Smallcap 250 Index Fund Regular Growth	Equity	very high Risk	48.73%	₹1,000.66 Cr
SBI International Access - US Equity FoF Regular Growth	Equity	very high Risk	26.27%	₹941.25 Cr
SBI Magnum Comma Fund Regular Growth	Equity	very high Risk	39.01%	₹675.49 Cr
SBI Nifty Midcap 150 Index Fund Regular Growth	Equity	very high Risk	42.90%	₹587.3 Cr
SBI Retirement Benefit Fund - Conservative Hybrid Plan Regular Growth	Allocation	high Risk	15.94%	₹277.15 Cr
SBI Silver ETF Fund of Fund Regular Growth	Commodities	very high Risk	0.00%	₹254.5 Cr
SBI Equity Minimum Variance Fund Regular Growth	Equity	very high Risk	34.53%	₹228.86 Cr
SBI BSE Sensex Index Fund Regular Growth	Equity	very high Risk	24.09%	₹206.59 Cr
SBI Retirement Benefit Fund - Conservative Plan Regular Growth	Allocation	moderately high Risk	12.00%	₹177.88 Cr
SBI Magnum Children's Benefit Fund Regular Growth	Allocation	high Risk	21.58%	₹120.08 Cr
SBI Innovative Opportunities 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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