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
₹10.69
-1.09%
NAV as on 07 Sep 24, 12:00 AM
very high risk
equity other
equity
NAV as on 07 Sep 24, 12:00 AM
very high risk
equity other
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
8.72%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the SBI Automotive Opportunities Fund Growth scheme from SBI Funds Management Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Jun 2024, SBI Automotive Opportunities Fund Growth is Equity - Other fund of its category with 6,595.69 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested in equity and equity related instruments of companies engaged in automotive & allied business activities theme. However, there can be no assurance that the investment objective of the Scheme will be realized.
Mahindra & Mahindra Ltd
16.53%
Tata Motors Ltd
12.28%
Maruti Suzuki India Ltd
11.93%
TVS Motor Co Ltd
6.91%
Bajaj Auto Ltd
6.59%
Hero MotoCorp Ltd
6.24%
Ashok Leyland Ltd
3.51%
Bharat Forge Ltd
3.15%
ZF Commercial Vehicle Control Systems India Ltd
3.06%
Sona BLW Precision Forgings Ltd
2.78%
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
29.9%
very high risk | equity
0.0%
very high risk | equity
24.3%