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
₹63.14
0.11%
NAV as on 09 Nov 24, 12:00 AM
low to moderate risk
government bond
debt
NAV as on 09 Nov 24, 12:00 AM
low to moderate risk
government bond
debt
9.65%p.a.
Last 1Y
6.86%p.a.
Last 3Y
7.25%p.a.
Last 5Y
8.03%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the SBI Magnum Gilt Fund Growth scheme from SBI Funds Management Ltd. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Dec 2000, SBI Magnum Gilt Fund Growth is Government Bond fund of its category with 10,625.78 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
To provide returns to the investors generated through investments in Government securities issued by the Central Government and/or State Government(s).
7.34% Govt Stock 2064
36.84%
7.10%Goi 08/04/2034
28.89%
7.23% Goi 15/04/2039
18.36%
7.30 Goi 19062053
8.67%
Govt Stock 22092033
2.28%
7.25% Govt Stock 2063
1.81%
7.26% Govt Stock 2033
1.45%
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 | debt
6.9%
low to moderate risk | debt
6.9%
low to moderate risk | debt
6.3%