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
₹3011.42
0.07%
NAV as on 17 Nov 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 17 Nov 24, 12:00 AM
low to moderate risk
liquid
liquid
7.40%p.a.
Last 1Y
6.27%p.a.
Last 3Y
5.18%p.a.
Last 5Y
6.95%p.a.
Since Inception
About Canara Robeco Liquid Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Canara Robeco Liquid Plan Growth scheme from Canara Robeco Asset Management Co. Ltd.. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Jul 2008, Canara Robeco Liquid Plan Growth is Liquid fund of its category with 3,795.59 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.
- Canara Robeco Liquid Plan Growth delivered 7.4% annual returns during the last year. It has delivered 7.0% average annual returns since the fund was launched.
- Canara Robeco Liquid Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
The scheme has been formulated with the objective of enhancement of income, while maintaining a level of high liquidity, through investment in a mix of Money Market Instruments & Debt Securities. However, there can be no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
182 DTB 05122024
13.85%
Punjab National Bank
9.83%
State Bank Of India
7.84%
Hdfc Bank Ltd
7.20%
Hdfc Securities Ltd
6.55%
Indian Bank
6.55%
Axis Bank Ltd
6.55%
Bank Of India
6.54%
Treps
5.37%
Export-Import Bank Of India
5.24%
Fund Managers
- Avnish Jain (Apr 2022 - Present)
- Kunal Jain (Jul 2022 - Present)
Key Information
View Scheme Document
Canara Robeco Liquid Plan Growth SIP Calculator
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For a period of
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₹0(+0.0%)
₹0 (+0.0%)
This Fund
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Fixed Deposit
NRI Mutual Fund Tax on Canara Robeco Liquid Plan Growth
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 |
How can NRIs invest in Canara Robeco Liquid Plan Growth?
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 Canara Robeco Liquid Plan Growth
- 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
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Frequently Asked Questions
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