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
₹21.85
-2.12%
NAV as on 17 Nov 24, 12:00 AM
high risk
sector precious metals
fof
NAV as on 17 Nov 24, 12:00 AM
high risk
sector precious metals
fof
20.66%p.a.
Last 1Y
13.22%p.a.
Last 3Y
12.61%p.a.
Last 5Y
6.76%p.a.
Since Inception
About SBI Gold Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Gold Fund Plan Growth scheme from SBI Funds Management Ltd. It is a Sector - Precious Metals mutual fund scheme that predominantly invests in Sector - Precious Metals stocks of companies. Launched on Sep 2011, SBI Gold Fund Plan Growth is Sector - Precious Metals fund of its category with 2,522 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Precious Metals funds.
- SBI Gold Fund Plan Growth delivered 20.7% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
- SBI Gold Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in fof
Fund Objective
The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by SBI Gold ETF.
Top 1 Holdings
SBI Gold ETF
100.11%
Fund Managers
- Raj gandhi (Jan 2013 - Present)
Key Information
View Scheme Document
SBI Gold Fund Plan 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 Gold 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 Gold 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 Gold 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
Similar Funds
Funds
3Y Return
HDFC Gold Fund Growth
high risk | fof
13.1%
Kotak Gold Fund Growth
high risk | fof
12.8%
ICICI Prudential Gold Savings Fund(FOF) Growth
high risk | fof
13.0%
Frequently Asked Questions
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