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
₹1312.25
0.02%
NAV as on 17 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 17 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
6.95%p.a.
Last 1Y
6.02%p.a.
Last 3Y
4.86%p.a.
Last 5Y
4.91%p.a.
Since Inception
About ITI Liquid Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ITI Liquid Fund Growth scheme from ITI Asset Management Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Apr 2019, ITI Liquid Fund Growth is Liquid fund of its category with 51.54 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- ITI Liquid Fund Growth delivered 7.0% annual returns during the last year. It has delivered 4.9% average annual returns since the fund was launched.
- ITI Liquid Fund 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 investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the scheme will be realised.
Top 10 Holdings
Kotak Mahindra Bank Limited (03/01/2025)
18.31%
Larsen And Toubro Limited
17.46%
Small Industries Dev Bank Of India (11/12/2024)
12.59%
Icici Bank Limited (31/01/2025)
11.50%
Punjab National Bank (05/12/2024)
9.69%
Canara Bank (06/12/2024)
9.69%
State Bank Of India (27/12/2024)
9.65%
Treps 02-Dec-2024
5.18%
364 Day T-Bill 30.01.25
3.84%
Net Receivables / (Payables)
1.76%
Fund Managers
- Rajesh Bhatia (Nov 2024 - Present)
Key Information
View Scheme Document
ITI Liquid Fund Growth SIP Calculator
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
NRI Mutual Fund Tax on ITI Liquid Fund 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 ITI Liquid Fund 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 ITI Liquid Fund 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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