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
₹2994.24
0.02%
NAV as on 26 Nov 22, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 26 Nov 22, 12:00 AM
low to moderate risk
liquid
liquid
4.49%p.a.
Last 1Y
4.04%p.a.
Last 3Y
5.23%p.a.
Last 5Y
7.03%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the L&T Liquid Fund Growth Option scheme from L&T Investment Management Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Oct 2006, L&T Liquid Fund Growth Option is Liquid fund of its category with 8,414.84 Cr fund under management as on Nov 2022. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
To generate reasonable returns while maintaining safety and providing the investor superior liquidity. To achieve this objective, investments will be predominantly made in a well-diversified and highly liquid portfolio of money market instruments, government securities and corporate debt.There is no assurance that the investment objective of the scheme will be realized.
(A) Tri Party Repo Dealing System (Treps)/Reverse Repo
13.25%
182 Dtb 24112022
4.21%
Small Industries Development Bank Of India
4.15%
6.84% Govt Stock 2022
4.14%
(B) Net Receivables/(Payables)
4.10%
Housing Development Finance Corporation Limited
2.96%
Reliance Retail Ventures Limited
2.37%
Hdfc Bank Limited
2.37%
91 DTB 22122022
2.36%
Axis Bank Limited
2.36%
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
5.5%
low to moderate risk | liquid
5.5%
low to moderate risk | liquid
5.0%