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
₹2878.61
0.02%
NAV as on 13 Nov 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 13 Nov 24, 12:00 AM
low to moderate risk
liquid
liquid
7.47%p.a.
Last 1Y
6.31%p.a.
Last 3Y
5.29%p.a.
Last 5Y
6.69%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Bank of India Liquid Fund Growth scheme from Bank of India Investment Managers Private Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Jul 2008, Bank of India Liquid Fund Growth is Liquid fund of its category with 1,848.06 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through portfolio of debt and money market instruments. The Scheme is not providing any assured or guaranteed returns. There is no assurance that the investment objective of the scheme will be achieved.
Net Receivables / (Payables)
6.66%
India (Republic of)
5.37%
ICICI Bank Ltd.
5.32%
Repo
5.16%
Canara Bank (06/12/2024) ** #
4.03%
91 DTB 03012025
4.01%
Small Industries Dev Bank Of India (10/01/2025) ** #
4.00%
182 DTB 01112024
2.71%
Reliance Retail Ventures Limited (12/11/2024)
2.70%
Bajaj Financial Securities Limited (19/11/2024) **
2.70%
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
6.2%
low to moderate risk | liquid
6.2%
low to moderate risk | liquid
6.2%