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	7.30%	₹72,426.38 Cr
SBI Liquid Fund Institutional Growth	Money Market	low to moderate Risk	7.30%	₹72,426.38 Cr
SBI Equity Hybrid Fund Regular Growth	Allocation	very high Risk	17.87%	₹71,585.08 Cr
SBI Bluechip Fund Regular Growth	Equity	very high Risk	17.61%	₹50,502.29 Cr
SBI Contra Fund Regular Growth	Equity	very high Risk	25.18%	₹41,906.9 Cr
SBI Focused Equity Fund Growth	Equity	very high Risk	22.67%	₹34,747.29 Cr
SBI Small Cap Fund Regular Plan Growth	Equity	very high Risk	28.27%	₹33,285.18 Cr
SBI Balanced Advantage Fund Regular Growth	Allocation	high Risk	16.49%	₹33,186.83 Cr
SBI Arbitrage Opportunities Fund Regular Growth	Alternative	low Risk	7.60%	₹31,422.14 Cr
SBI Large & Midcap Fund Regular Growth	Equity	very high Risk	24.88%	₹29,328.76 Cr
SBI Savings Fund Regular Plan Growth	Fixed Income	moderate Risk	7.30%	₹28,254.15 Cr
SBI Long Term Equity Fund Regular Growth	Equity	very high Risk	33.84%	₹27,847.49 Cr
SBI Flexicap Fund Regular Growth	Equity	very high Risk	20.49%	₹22,206.1 Cr
SBI Magnum Midcap Fund Regular Growth	Equity	very high Risk	24.23%	₹21,454.95 Cr
SBI Corporate Bond Fund Regular Growth	Fixed Income	moderate Risk	8.07%	₹20,915.57 Cr
SBI Overnight Fund Regular Plan Growth	Money Market	low Risk	6.60%	₹20,131.57 Cr
SBI Multicap Fund Regular Growth	Equity	very high Risk	28.25%	₹18,941.17 Cr
SBI Short Term Debt Fund Retail Plan Growth	Fixed Income	low to moderate Risk	7.84%	₹13,354.01 Cr
SBI Short Term Debt Fund Regular Growth	Fixed Income	low to moderate Risk	7.84%	₹13,354.01 Cr
SBI Magnum Low Duration Fund Regular Plan Growth	Fixed Income	low to moderate Risk	7.34%	₹12,461.25 Cr
SBI Magnum Low Duration Fund Institutional Growth	Fixed Income	low to moderate Risk	7.34%	₹12,461.25 Cr
SBI Magnum Ultra Short Duration Fund Regular Plan Growth	Fixed Income	moderate Risk	7.46%	₹12,426.01 Cr
SBI Magnum Gilt Fund PF Plan Regular Growth	Fixed Income	low to moderate Risk	9.15%	₹10,979.09 Cr
SBI Magnum Gilt Fund Regular Growth	Fixed Income	low to moderate Risk	9.15%	₹10,979.09 Cr
SBI Magnum Gilt Fund PF Plan Fixed Period 3 year Growth	Fixed Income	low to moderate Risk	9.15%	₹10,979.09 Cr
SBI Energy Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹10,485.98 Cr
SBI Conservative Hybrid Fund Regular Growth	Allocation	high Risk	12.36%	₹10,045.77 Cr
SBI Dividend Yield Fund Regular Growth	Equity	very high Risk	21.15%	₹9,555.94 Cr
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund Regular Growth	Fixed Income	moderate Risk	7.83%	₹9,365.96 Cr
SBI Nifty Index Fund Regular Growth	Equity	very high Risk	14.11%	₹8,679.18 Cr
SBI Innovative Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹7,897.52 Cr
SBI Multi Asset Allocation Fund Regular Growth	Allocation	high Risk	15.87%	₹6,843.12 Cr
SBI Magnum Medium Duration Fund Regular Growth	Fixed Income	moderately high Risk	8.20%	₹6,660.55 Cr
SBI Magnum Global Fund Regular Growth	Equity	very high Risk	13.06%	₹6,634.59 Cr
SBI Banking & Financial Services Regular Growth	Equity	very high Risk	22.90%	₹6,548.41 Cr
SBI Equity Savings Regular Growth	Allocation	moderately high Risk	13.29%	₹5,982.38 Cr
SBI Automotive Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹5,934.57 Cr
SBI ESG Exclusionary Strategy Fund Regular Growth	Equity	very high Risk	19.35%	₹5,806.08 Cr
SBI Infrastructure Fund Regular Growth	Equity	very high Risk	28.10%	₹5,006.44 Cr
SBI PSU Regular Growth	Equity	very high Risk	35.88%	₹4,686.1 Cr
SBI Technology Opportunities Fund Regular Growth	Equity	very high Risk	33.61%	₹4,585.67 Cr
SBI Banking and PSU Fund Regular Plan Growth	Fixed Income	low to moderate Risk	7.84%	₹3,810.19 Cr
SBI Healthcare Opportunities Fund Regular Growth	Equity	very high Risk	43.53%	₹3,459.68 Cr
SBI Dynamic Bond Regular Growth	Fixed Income	moderate Risk	8.90%	₹3,309.33 Cr
SBI Consumption Opportunities Fund Regular Plan Growth	Equity	very high Risk	26.87%	₹3,074 Cr
SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth	Allocation	very high Risk	40.32%	₹2,961.88 Cr
SBI Retirement Benefit Fund - Aggressive Plan Regular Growth	Allocation	very high Risk	16.59%	₹2,773.59 Cr
SBI Long Duration Fund Regular Growth	Fixed Income	moderately high Risk	11.33%	₹2,668.85 Cr
SBI Gold Fund Regular Plan Growth	Commodities	high Risk	21.18%	₹2,516.45 Cr
SBI CRISIL IBX Gilt Index June 2036 Fund Regular Growth	Fixed Income	moderately high Risk	10.40%	₹2,432.5 Cr
SBI Credit Risk Fund Regular Plan Growth	Fixed Income	high Risk	8.09%	₹2,289.16 Cr
SBI CRISIL IBX Gilt Index - April 2029 Fund Regular Growth	Fixed Income	moderately high Risk	8.40%	₹2,278.77 Cr
SBI Magnum Constant Maturity Fund Regular Growth	Fixed Income	moderately high Risk	9.23%	₹1,881.28 Cr
SBI Magnum Income Fund Regular Growth	Fixed Income	moderately high Risk	8.30%	₹1,808.18 Cr
SBI Retirement Benefit Fund - Aggressive Hybrid Plan Regular Growth	Allocation	very high Risk	15.30%	₹1,531.59 Cr
SBI Nifty Next 50 Index Fund Regular Growth	Equity	very high Risk	38.55%	₹1,494.29 Cr
SBI Nifty Smallcap 250 Index Fund Regular Growth	Equity	very high Risk	31.03%	₹1,247.77 Cr
SBI Floating Rate Debt Fund Regular Growth	Fixed Income	low to moderate Risk	8.31%	₹1,189.45 Cr
SBI CRISIL IBX SDL Index September 2027 Fund Regular Growth	Fixed Income	low to moderate Risk	8.58%	₹1,103.8 Cr
SBI Nifty50 Equal Weight Index Fund Regular Growth	Equity	very high Risk	0.00%	₹1,056.16 Cr
SBI International Access - US Equity FoF Regular Growth	Equity	very high Risk	28.42%	₹980.62 Cr
SBI Nifty 500 Index Fund Regular Growth	Equity	very high Risk	0.00%	₹841.64 Cr
SBI Nifty Midcap 150 Index Fund Regular Growth	Equity	very high Risk	28.44%	₹702.68 Cr
SBI Magnum Comma Fund Regular Growth	Equity	very high Risk	21.64%	₹652.93 Cr
SBI Nifty India Consumption Index Fund Regular Growth	Equity	very high Risk	0.00%	₹363.68 Cr
SBI Silver ETF Fund of Fund Regular Growth	Commodities	very high Risk	0.00%	₹289.55 Cr
SBI Retirement Benefit Fund - Conservative Hybrid Plan Regular Growth	Allocation	high Risk	11.85%	₹275.79 Cr
SBI BSE Sensex Index Fund Regular Growth	Equity	very high Risk	13.63%	₹241.76 Cr
SBI Equity Minimum Variance Fund Regular Growth	Equity	very high Risk	12.15%	₹216.72 Cr
SBI Retirement Benefit Fund - Conservative Plan Regular Growth	Allocation	moderately high Risk	10.40%	₹177.76 Cr
SBI Magnum Children's Benefit Fund Regular Growth	Allocation	high Risk	19.47%	₹122.53 Cr
SBI Quant 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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