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

INVEST VIA NRE/NRO

SBI Flexicap Fund Growth for NRI [106.55]

Min Investment

1,000

Fund Size

22,092.9 Cr

Expense Ratio

1.7%

Exit Load

0.1%

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

106.55

-0.90%

NAV as on 12 Nov 24, 12:00 AM

very high risk

flexi cap

equity

NAV as on 12 Nov 24, 12:00 AM

very high risk

flexi cap

equity

25.11%p.a.

Last 1Y

10.44%p.a.

Last 3Y

16.02%p.a.

Last 5Y

0.00%p.a.

Since Inception

About SBI Flexicap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Flexicap Fund Growth scheme from SBI Funds Management Ltd. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Sep 2005, SBI Flexicap Fund Growth is Flexi Cap fund of its category with 22,092.9 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.

  • SBI Flexicap Fund Growth delivered 25.1% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
  • SBI Flexicap 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

To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum and in debt and money market instruments.

Top 10 Holdings

Reliance Industries Ltd

4.71%

ICICI Bank Ltd

4.19%

Kotak Mahindra Bank Ltd

3.99%

HDFC Bank Ltd

3.99%

Larsen & Toubro Ltd

2.99%

Infosys Ltd

2.96%

Bharti Airtel Ltd

2.74%

Mahindra & Mahindra Ltd

2.68%

Cognizant Technology Solutions Corp Class A

2.56%

Nuvoco Vista Corp Ltd

2.03%

Fund Managers

  1. R. Srinivasan (Jan 2022 - Present)
  2. Pradeep Kesavan (Dec 2023 - Present)

Key Information

View Scheme Document

SBI Flexicap 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 Flexicap 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 Flexicap 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 Flexicap 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