NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹2568.07
0.02%
NAV as on 09 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 09 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
6.87%p.a.
Last 1Y
5.83%p.a.
Last 3Y
4.83%p.a.
Last 5Y
6.59%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Liquid Fund Retail Growth scheme from Axis Asset Management Company Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Mar 2010, Axis Liquid Fund Retail Growth is Liquid fund of its category with 34,315.74 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved.
Clearing Corporation Of India Ltd
5.98%
Punjab National Bank (04/02/2025)
3.44%
91 DTB 21112024
3.20%
Hdfc Bank Limited (12/12/2024)
2.90%
State Bank Of India (27/12/2024)
2.89%
Export Import Bank Of India (03/12/2024) **
2.83%
182 DTB 30012025
2.70%
State Bank Of India (12/12/2024)
2.03%
182 DTB 26122024
1.74%
Small Industries Dev Bank Of India (16/01/2025)
1.73%
View Scheme Document
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
---|---|---|
Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
low to moderate risk | liquid
6.3%
low to moderate risk | liquid
6.3%
low to moderate risk | liquid
6.3%