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
₹316.42
0.37%
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity consumption
equity
NAV as on 17 Nov 24, 12:00 AM
very high risk
equity consumption
equity
28.92%p.a.
Last 1Y
18.75%p.a.
Last 3Y
21.52%p.a.
Last 5Y
17.14%p.a.
Since Inception
About SBI Consumption Opportunities Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Consumption Opportunities Fund Plan Growth scheme from SBI Funds Management Ltd. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Jan 2013, SBI Consumption Opportunities Fund Plan Growth is Equity - Consumption fund of its category with 3,014.92 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.
- SBI Consumption Opportunities Fund Plan Growth delivered 28.9% annual returns during the last year. It has delivered 17.1% average annual returns since the fund was launched.
- SBI Consumption Opportunities Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in Consumption space.
Top 10 Holdings
Ganesha Ecosphere Ltd
7.05%
Bharti Airtel Ltd
4.92%
Hindustan Unilever Ltd
3.52%
Jubilant Foodworks Ltd
3.51%
United Breweries Ltd
3.50%
Whirlpool of India Ltd
3.23%
ITC Ltd
3.08%
Colgate-Palmolive (India) Ltd
2.95%
Berger Paints India Ltd
2.76%
Maruti Suzuki India Ltd
2.76%
Fund Managers
- Pradeep Kesavan (Apr 2024 - Present)
- Ashit Desai (Apr 2024 - Present)
Key Information
View Scheme Document
SBI Consumption Opportunities Fund Plan Growth SIP Calculator
If invested
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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 SBI Consumption Opportunities Fund Plan Growth
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 |
How can NRIs invest in SBI Consumption Opportunities Fund Plan 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 SBI Consumption Opportunities Fund Plan 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
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Frequently Asked Questions
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