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
₹3961.41
0.02%
NAV as on 02 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 02 Dec 24, 12:00 AM
low to moderate risk
liquid
liquid
7.30%p.a.
Last 1Y
6.23%p.a.
Last 3Y
5.25%p.a.
Last 5Y
6.76%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the SBI Liquid Fund Institutional Growth 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 Growth is Liquid fund of its category with 72,426.38 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
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
India (Republic of)
9.43%
Union Bank Of India
8.24%
Canara Bank
8.17%
Punjab National Bank
6.29%
Bank Of Baroda
5.51%
Icici Securities Ltd.
4.13%
Hindustan Petroleum Corporation Ltd.
4.12%
Kotak Securities Ltd.
4.05%
Treps
3.54%
Reliance Retail Ventures Ltd.
3.44%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
low to moderate risk | liquid
6.2%
low to moderate risk | liquid
6.3%
low to moderate risk | liquid
5.6%