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
₹54.60
-0.40%
NAV as on 14 Sep 24, 12:00 AM
very high risk
equity infrastructure
equity
NAV as on 14 Sep 24, 12:00 AM
very high risk
equity infrastructure
equity
53.12%p.a.
Last 1Y
30.19%p.a.
Last 3Y
29.82%p.a.
Last 5Y
10.31%p.a.
Since Inception
About SBI Infrastructure Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Infrastructure Fund Growth scheme from SBI Funds Management Ltd. It is a Equity - Infrastructure mutual fund scheme that predominantly invests in Equity - Infrastructure stocks of companies. Launched on Jul 2007, SBI Infrastructure Fund Growth is Equity - Infrastructure fund of its category with 4,790.48 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Infrastructure funds.
- SBI Infrastructure Fund Growth delivered 53.1% annual returns during the last year. It has delivered 10.3% average annual returns since the fund was launched.
- SBI Infrastructure 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 through an active management of investments in a diversified basket of equity stocks of companies directly or indirectly involved in the infrastructure growth in the Indian economy and in debt & money market instruments.
Top 10 Holdings
Reliance Industries Ltd
8.82%
Larsen & Toubro Ltd
6.96%
Bharti Airtel Ltd
4.98%
Shree Cement Ltd
4.31%
Indian Energy Exchange Ltd
4.25%
Torrent Power Ltd
2.55%
Grindwell Norton Ltd
2.55%
Ahluwalia Contracts (India) Ltd
2.41%
UltraTech Cement Ltd
2.36%
Indus Towers Ltd Ordinary Shares
2.29%
Fund Managers
- Bhavin Vithlani (Jan 2022 - Present)
- Pradeep Kesavan (Dec 2023 - Present)
Key Information
View Scheme Document
SBI Infrastructure Fund Growth SIP Calculator
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NRI Mutual Fund Tax on SBI Infrastructure 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 Infrastructure 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 Infrastructure 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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37.2%
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Quant Infrastructure Fund Growth
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