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
₹12.41
0.06%
NAV as on 07 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 07 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
7.34%p.a.
Last 1Y
5.12%p.a.
Last 3Y
4.19%p.a.
Last 5Y
4.21%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the ITI Arbitrage Fund Growth scheme from ITI Asset Management Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Sep 2019, ITI Arbitrage Fund Growth is Arbitrage Fund fund of its category with 35.06 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
The investment objective of the Scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. However, there is no assurance that the investment objective of the scheme will be realized
ITI Liquid Dir Gr
21.30%
Future on State Bank of India
6.11%
State Bank of India
6.07%
Future on HDFC Bank Ltd
5.48%
HDFC Bank Ltd
5.43%
Future on Steel Authority Of India Ltd
5.19%
Steel Authority Of India Ltd
5.16%
Indus Towers Limited
4.98%
Indus Towers Ltd Ordinary Shares
4.95%
Vedanta Ltd
4.71%
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 risk | equity
6.4%
low risk | equity
6.3%
low risk | equity
6.1%