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

INVEST VIA NRE/NRO

SBI Energy Opportunities Fund Growth for NRI [10.99]

Min Investment

5,000

Fund Size

11,717.96 Cr

Expense Ratio

1.7%

Exit Load

1%

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

10.99

2.26%

NAV as on 06 Nov 24, 12:00 AM

very high risk

sector energy

equity

NAV as on 06 Nov 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

8.87%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 11,717.96 Cr fund under management as on Nov 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 8.9% 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

25.98%

Bharat Petroleum Corp Ltd

8.08%

NTPC Ltd

6.90%

Indian Oil Corp Ltd

5.69%

Thermax Ltd

4.28%

Power Grid Corp Of India Ltd

4.02%

Petronet LNG Ltd

3.85%

Torrent Power Ltd

3.29%

Hitachi Energy India Ltd Ordinary Shares

3.07%

Gujarat State Petronet Ltd

2.93%

Fund Managers

  1. Raj gandhi (Feb 2024 - Present)
  2. Pradeep Kesavan (Feb 2024 - Present)

Key Information

View Scheme Document

SBI Energy Opportunities Fund 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 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 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 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