NRI from all over the world (including 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
₹24.64
0.03%
NAV as on 16 May 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 16 May 24, 12:00 AM
low risk
arbitrage fund
equity
7.57%p.a.
Last 1Y
5.58%p.a.
Last 3Y
5.20%p.a.
Last 5Y
6.86%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Arbitrage Fund Growth scheme from Nippon Life India Asset Management Ltd. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Oct 2010, Nippon India Arbitrage Fund Growth is Arbitrage Fund fund of its category with 14,796.07 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
The investment objective of the scheme is to generate income by taking advantage of the arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment along with investments indeb tsecurities & money market instruments.
Nippon India Money Market Dir Gr
8.95%
Future on HDFC Life Insurance Company Limited
6.77%
Nippon India Liquid Dir Gr
6.57%
HDFC Bank Ltd
5.61%
Future on Adani Ports & Special Economic Zone Ltd
4.23%
Adani Ports & Special Economic Zone Ltd
4.21%
Future on Kotak Mahindra Bank Ltd
3.04%
Kotak Mahindra Bank Ltd
3.02%
Future on Bank of Baroda
2.34%
Bank of Baroda
2.32%
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 risk | equity
5.9%
low risk | equity
5.9%
low risk | equity
5.6%