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
₹304.57
0.14%
NAV as on 01 May 24, 12:00 AM
very high risk
focused fund
equity
NAV as on 01 May 24, 12:00 AM
very high risk
focused fund
equity
32.27%p.a.
Last 1Y
16.74%p.a.
Last 3Y
16.54%p.a.
Last 5Y
18.96%p.a.
Since Inception
About SBI Focused Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Focused Equity Fund Growth scheme from SBI Funds Management Ltd. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Oct 2004, SBI Focused Equity Fund Growth is Focused Fund fund of its category with 32,190.38 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.
- SBI Focused Equity Fund Growth delivered 32.3% annual returns during the last year. It has delivered 19.0% average annual returns since the fund was launched.
- SBI Focused Equity 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 the investor with the opportunity of long-term capital appreciation by investing in a concentrated portfolio of equity and equity related securities.
Top 10 Holdings
ICICI Bank Ltd
7.81%
Alphabet Inc Class A
7.43%
Muthoot Finance Ltd
7.04%
State Bank of India
6.31%
Procter & Gamble Hygiene and Health Care Ltd
5.29%
Solar Industries India Ltd
5.25%
HDFC Bank Ltd
4.95%
Bharti Airtel Ltd (Partly Paid Rs.1.25)
4.82%
Bajaj Finance Ltd
4.73%
Divi's Laboratories Ltd
4.28%
Fund Managers
- R. Srinivasan (May 2009 - Present)
- Mohit Jain (Nov 2017 - Present)
Key Information
View Scheme Document
SBI Focused Equity Fund Growth SIP Calculator
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NRI Mutual Fund Tax on SBI Focused Equity 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 Focused Equity 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 Focused Equity 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
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9.2%
Franklin India Focused Equity Fund Growth
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22.8%
HDFC Focused 30 Fund Growth
very high risk | equity
29.4%
Frequently Asked Questions
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