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
₹15.30
0.53%
NAV as on 16 May 24, 12:00 AM
very high risk
large cap
equity
NAV as on 16 May 24, 12:00 AM
very high risk
large cap
equity
42.46%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
16.55%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Bank of India Bluechip Fund Growth scheme from Bank of India Investment Managers Private Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Jun 2021, Bank of India Bluechip Fund Growth is Large-Cap fund of its category with 141.7 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
The investment objective of the scheme is to provide investors with the opportunities of long term capital appreciation by investing predominantly in equity and equity-related instruments of large cap companies. However, there can be no assurance that the income can be generated, regular or otherwise, or the Investment Objective of the scheme will be realized.
HDFC Bank Ltd
6.44%
Reliance Industries Ltd
5.54%
NTPC Ltd
4.92%
State Bank of India
4.32%
Larsen & Toubro Ltd
4.06%
Maruti Suzuki India Ltd
3.84%
Avenue Supermarts Ltd
3.74%
ICICI Bank Ltd
3.53%
Tata Steel Ltd
3.33%
Sun Pharmaceuticals Industries Ltd
2.89%
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
very high risk | equity
21.6%
very high risk | equity
16.8%
very high risk | equity
14.6%