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
₹115.76
0.46%
NAV as on 30 Apr 24, 12:00 AM
very high risk
sector financial services
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
sector financial services
equity
39.47%p.a.
Last 1Y
20.05%p.a.
Last 3Y
15.31%p.a.
Last 5Y
16.40%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Invesco India Financial Services Fund Growth scheme from Invesco Asset Management (India) Private Ltd. It is a Sector - Financial Services mutual fund scheme that predominantly invests in Sector - Financial Services stocks of companies. Launched on Jul 2008, Invesco India Financial Services Fund Growth is Sector - Financial Services fund of its category with 743.52 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Financial Services funds.
To generate capital appreciation from a portfolio of Equity and Equity Related Instruments of companies engaged in the business of banking and financial services.
ICICI Bank Ltd
21.32%
State Bank of India
8.49%
Axis Bank Ltd
7.84%
HDFC Bank Ltd
5.74%
BSE Ltd
4.30%
Equitas Small Finance Bank Ltd Ordinary Shares
3.88%
SBI Life Insurance Company Limited
3.74%
REC Ltd
3.17%
Computer Age Management Services Ltd Ordinary Shares
3.15%
PB Fintech Ltd
3.07%
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
15.8%
very high risk | equity
22.4%
very high risk | equity
16.2%