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
₹15.32
0.84%
NAV as on 06 Nov 24, 12:00 AM
very high risk
index funds
equity
NAV as on 06 Nov 24, 12:00 AM
very high risk
index funds
equity
27.05%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
20.35%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Motilal Oswal BSE Financials ex Bank 30 Index Fund Growth scheme from Motilal Oswal Asset Management Company Limited - Portfolio Managers. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Jul 2022, Motilal Oswal BSE Financials ex Bank 30 Index Fund Growth is Index Funds fund of its category with 19.62 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total returns of the securities as represented by S&P BSE Financials ex Bank 30 Total Return Index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
Bajaj Finance Ltd
13.93%
Jio Financial Services Ltd
8.43%
Bajaj Finserv Ltd
7.79%
Shriram Finance Ltd
7.24%
SBI Life Insurance Co Ltd
6.04%
Power Finance Corp Ltd
5.16%
HDFC Life Insurance Co Ltd
5.05%
REC Ltd
4.99%
Cholamandalam Investment and Finance Co Ltd
4.92%
PB Fintech Ltd
3.82%
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
very high risk | equity
12.1%
very high risk | equity
12.0%
very high risk | equity
12.0%