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
₹16.22
1.22%
NAV as on 30 Apr 24, 12:00 AM
very high risk
sector financial services
equity
NAV as on 30 Apr 24, 12:00 AM
very high risk
sector financial services
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
52.49%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Quant BFSI Growth scheme from Quant Money Managers Limited. It is a Sector - Financial Services mutual fund scheme that predominantly invests in Sector - Financial Services stocks of companies. Launched on Jun 2023, Quant BFSI Growth is Sector - Financial Services fund of its category with 449.78 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Financial Services funds.
The primary investment objective of the scheme is to generate consistent returns by investing in equity and equity related instruments of banking and financial services. However, there is no assurance that the investment objective of the Scheme will be achieved.
Nse Bank Nifty 24/04/2024
13.51%
Jio Financial Services Ltd
9.92%
Reliance Industries Ltd
9.90%
Life Insurance Corporation of India
8.20%
Central Depository Services (India) Ltd
8.18%
CARE Ratings Ltd
7.49%
Poonawalla Fincorp Ltd
6.12%
JM Financial Ltd
5.39%
Jana Small Finance Bank Ltd
4.98%
CRISIL Ltd
4.85%
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
15.8%
very high risk | equity
22.4%
very high risk | equity
16.2%