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
₹6126.67
0.02%
NAV as on 04 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 04 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
7.35%p.a.
Last 1Y
6.26%p.a.
Last 3Y
5.27%p.a.
Last 5Y
6.87%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Liquid Fund Growth scheme from Nippon Life India Asset Management Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Dec 2003, Nippon India Liquid Fund Growth is Liquid fund of its category with 35,408.25 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.
The investment objective of the Scheme is to generate optimal returns consistent with moderate levels of risk and high liquidity by investing in debt and money market instruments.
Punjab National Bank**
6.56%
Reverse Repo
5.71%
Idbi Bank Limited**
3.48%
Sikka Ports And Terminals Limited**
3.37%
Icici Securities Limited**
3.20%
Axis Bank Limited**
3.15%
Union Bank Of India**
3.08%
Export Import Bank Of India**
3.02%
Tata Steel Limited**
2.93%
Canara Bank**
2.88%
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
6.2%
low to moderate risk | liquid
6.2%
low to moderate risk | liquid
6.3%