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
₹10.65
0.77%
NAV as on 01 May 24, 12:00 AM
very high risk
sector energy
equity
NAV as on 01 May 24, 12:00 AM
very high risk
sector energy
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
6.49%p.a.
Since Inception
About SBI Energy Opportunities Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Energy Opportunities Fund Growth scheme from SBI Funds Management Ltd. It is a Sector - Energy mutual fund scheme that predominantly invests in Sector - Energy stocks of companies. Launched on Feb 2024, SBI Energy Opportunities Fund Growth is Sector - Energy fund of its category with 7,454.13 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Energy funds.
- SBI Energy Opportunities Fund Growth delivered 0.0% annual returns during the last year. It has delivered 6.5% average annual returns since the fund was launched.
- SBI Energy Opportunities Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies engaging in activities such as exploration, production, distribution, transportation and processing of traditional & new energy including but not limited to sectors such as oil & gas, utilities and power. However, there can be no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Reliance Industries Ltd
27.15%
NTPC Ltd
7.82%
India (Republic of)
6.64%
Bharat Petroleum Corp Ltd
5.45%
Petronet LNG Ltd
5.10%
Coal India Ltd
5.04%
Power Grid Corp Of India Ltd
3.78%
Indian Oil Corp Ltd
3.68%
Gujarat State Petronet Ltd
3.18%
Hitachi Energy India Ltd Ordinary Shares
2.98%
Fund Managers
- Raj gandhi (Feb 2024 - Present)
- Pradeep Kesavan (Feb 2024 - Present)
Key Information
View Scheme Document
SBI Energy Opportunities Fund Growth SIP Calculator
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
NRI Mutual Fund Tax on SBI Energy Opportunities Fund 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 Energy Opportunities Fund 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 Energy Opportunities Fund 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
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