NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Nippon India Liquid Fund Retail Growth for NRI [5388.68]

Min Investment

1,000

Fund Size

28,098.09 Cr

Expense Ratio

0.3%

Exit Load

0.007%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

5388.68

0.02%

NAV as on 05 Oct 24, 12:00 AM

low to moderate risk

liquid

liquid

NAV as on 05 Oct 24, 12:00 AM

low to moderate risk

liquid

liquid

6.75%p.a.

Last 1Y

5.43%p.a.

Last 3Y

4.58%p.a.

Last 5Y

6.55%p.a.

Since Inception

About Nippon India Liquid Fund Retail Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Nippon India Liquid Fund Retail 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 Mar 1998, Nippon India Liquid Fund Retail Growth is Liquid fund of its category with 28,098.09 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.

  • Nippon India Liquid Fund Retail Growth delivered 6.8% annual returns during the last year. It has delivered 6.5% average annual returns since the fund was launched.
  • Nippon India Liquid Fund Retail Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in liquid

Fund Objective

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.

Top 10 Holdings

Net Current Assets

7.78%

91 DTB 21112024

7.03%

Punjab National Bank

3.52%

State Bank Of India

3.50%

Punjab National Bank

3.50%

Canara Bank

3.50%

6.18% Govt Stock 2024

3.02%

Indian Bank

2.64%

Sikka Ports And Terminals Limited

2.63%

Reliance Retail Ventures Limited

2.63%

Fund Managers

  1. Siddharth Deb (Mar 2022 - Present)
  2. Kinjal Desai (May 2018 - Present)
  3. Vikash Agarwal (Sep 2024 - Present)

Key Information

View Scheme Document

Nippon India Liquid Fund Retail Growth SIP Calculator

If invested

5,000

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

NRI Mutual Fund Tax on Nippon India Liquid Fund Retail Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Nippon India Liquid Fund Retail Growth?

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:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Nippon India Liquid Fund Retail Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions