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
₹3764.78
0.02%
NAV as on 24 Apr 24, 12:00 AM
moderate risk
liquid
liquid
NAV as on 24 Apr 24, 12:00 AM
moderate risk
liquid
liquid
7.19%p.a.
Last 1Y
5.46%p.a.
Last 3Y
5.15%p.a.
Last 5Y
6.90%p.a.
Since Inception
About SBI Liquid Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Liquid Fund Plan Growth scheme from SBI Funds Management Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Mar 2007, SBI Liquid Fund Plan Growth is Liquid fund of its category with 52,944.98 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- SBI Liquid Fund Plan Growth delivered 7.2% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
- SBI Liquid Fund Plan Growth 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)
3.78%
HDFC Bank Limited
3.33%
India (Republic of)
3.23%
India (Republic of)
3.14%
HDFC Bank Limited
2.43%
Union Bank of India
2.42%
Reliance Jio Infocomm Ltd.
2.42%
Reliance Jio Infocomm Ltd.
2.42%
Bank Of Baroda
2.39%
India (Republic of)
2.24%
Fund Managers
- Rajeev Radhakrishnan (Dec 2023 - Present)
- R. Arun (May 2018 - Present)
Key Information
View Scheme Document
SBI Liquid Fund Plan Growth SIP Calculator
If invested
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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 Liquid 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 Liquid 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 Liquid 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
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Frequently Asked Questions
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