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
₹1283.27
0.39%
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 16 Jan 25, 12:00 AM
low to moderate risk
liquid
liquid
7.23%p.a.
Last 1Y
6.30%p.a.
Last 3Y
5.18%p.a.
Last 5Y
5.28%p.a.
Since Inception
About SBI Liquid Fund Institutional Daily Reinvestment Inc Dist cum Cap Wdrl for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Liquid Fund Institutional Daily Reinvestment Inc Dist cum Cap Wdrl scheme from SBI Funds Management Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Nov 2003, SBI Liquid Fund Institutional Daily Reinvestment Inc Dist cum Cap Wdrl is Liquid fund of its category with 68,618.6 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- SBI Liquid Fund Institutional Daily Reinvestment Inc Dist cum Cap Wdrl delivered 7.2% annual returns during the last year. It has delivered 5.3% average annual returns since the fund was launched.
- SBI Liquid Fund Institutional Daily Reinvestment Inc Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
To provide the investors an opportunity to invest in the entire range of debt and money market securities with residual maturity upto 91 days only
Top 10 Holdings
India (Republic of)
8.92%
Canara Bank
5.10%
Union Bank Of India
4.37%
Ntpc Ltd.
3.95%
91 Days Tbill
3.62%
National Bank For Agriculture And Rural Development
3.59%
Punjab National Bank
3.58%
Net Receivable / Payable
3.09%
91 DTB 09012025
2.90%
Punjab National Bank
2.88%
Fund Managers
- Rajeev Radhakrishnan (Dec 2023 - Present)
- R. Arun (May 2018 - Present)
Key Information
View Scheme Document
SBI Liquid Fund Institutional Daily Reinvestment Inc Dist cum Cap Wdrl SIP Calculator
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NRI Mutual Fund Tax on SBI Liquid Fund Institutional Daily Reinvestment Inc Dist cum Cap Wdrl
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 Liquid Fund Institutional Daily Reinvestment Inc Dist cum Cap Wdrl?
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 Liquid Fund Institutional Daily Reinvestment Inc Dist cum Cap Wdrl
- 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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Frequently Asked Questions
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