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
₹14.07
1.78%
NAV as on 01 May 24, 12:00 AM
very high risk
index funds
equity
NAV as on 01 May 24, 12:00 AM
very high risk
index funds
equity
43.66%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
20.81%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Growth scheme from Motilal Oswal Asset Management Co. Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Jul 2022, Motilal Oswal S&P BSE Financials ex Bank 30 Index Fund Growth is Index Funds fund of its category with 11.49 Cr fund under management as on Apr 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
13.92%
Bajaj Finserv Ltd
8.85%
HDFC Life Insurance Company Limited
6.75%
SBI Life Insurance Company Limited
6.70%
Shriram Finance Ltd
6.51%
Power Finance Corp Ltd
5.62%
REC Ltd
5.54%
Cholamandalam Investment and Finance Co Ltd
4.63%
ICICI Lombard General Insurance Co Ltd
3.95%
HDFC Asset Management Co Ltd
3.74%
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
16.5%
very high risk | equity
16.4%
very high risk | equity
16.4%