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
₹68.18
0.02%
NAV as on 06 Nov 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 06 Nov 24, 12:00 AM
low to moderate risk
liquid
liquid
7.28%p.a.
Last 1Y
6.17%p.a.
Last 3Y
5.20%p.a.
Last 5Y
7.41%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the JM Liquid Fund Growth scheme from JM Financial Asset Management Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Dec 1997, JM Liquid Fund Growth is Liquid fund of its category with 3,171.58 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.
To provide income by way of dividend (dividend plans) and capital gains (growth plan) through investing in Debt and money market securities with maturity of upto 91 days only. Investors are required to read all the scheme related information carefully and also note that there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns.
Canara Bank Cd**
7.65%
Treps-Triparty Repo
6.04%
Hdfc Bank Ltd.Cd**
5.49%
Punjab National Bank Cd**
4.69%
Kotak Mahindra Bank.Cd**
3.90%
91 DTB 05122024
3.27%
Icici Bank Ltd.Cd**
3.13%
Bank Of Baroda Cd**
3.13%
Axis Bank Ltd.Cd**
3.13%
Sidbi Ltd.Cd**
3.13%
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%