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
₹39.49
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
7.26%p.a.
Last 1Y
6.28%p.a.
Last 3Y
5.23%p.a.
Last 5Y
6.90%p.a.
Since Inception
About JM Liquid Fund Super Institutional - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the JM Liquid Fund Super Institutional - 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 May 2004, JM Liquid Fund Super Institutional - Growth is Liquid fund of its category with 3,204.7 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.
- JM Liquid Fund Super Institutional - Growth delivered 7.3% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
- JM Liquid Fund Super Institutional - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
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.
Top 10 Holdings
Treps-Triparty Repo
3.96%
Reliance Jio Infocomm Limited
3.11%
Aditya Birla Finance Limited 2024
3.11%
Bank Of Baroda
3.08%
Canara Bank
2.94%
364 DTB 12122024
2.34%
Kotak Mahindra Bank Ltd.
2.33%
Bajaj Housing Finance Ltd.
2.17%
Rural Electrification Corporation Limited
1.56%
Kotak Mahindra Investments Limited
1.56%
Fund Managers
- Gurvinder Wasan (Apr 2024 - Present)
- Naghma Khoja (Oct 2021 - Present)
- Ruchi Fozdar (Apr 2024 - Present)
Key Information
View Scheme Document
JM Liquid Fund Super Institutional - Growth SIP Calculator
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NRI Mutual Fund Tax on JM Liquid Fund Super Institutional - 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 JM Liquid Fund Super Institutional - 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 JM Liquid Fund Super Institutional - 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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