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
₹355.06
0.27%
NAV as on 17 Feb 26, 12:00 AM
very high risk
equity other
equity
NAV as on 17 Feb 26, 12:00 AM
very high risk
equity other
equity
3.98%p.a.
Last 1Y
7.71%p.a.
Last 3Y
9.71%p.a.
Last 5Y
13.64%p.a.
Since Inception
About SBI MNC Fund-Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI MNC Fund-Growth scheme from SBI Mutual Fund. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Jun 2005, SBI MNC Fund-Growth is Equity - Other fund of its category with 5,602.35 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
- SBI MNC Fund-Growth delivered 4.0% annual returns during the last year. It has delivered 13.6% average annual returns since the fund was launched.
- SBI MNC 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 the investor with the opportunity of long-term capital appreciation by investing in diversified portfolio comprising primarily of MNC companies.
Top 10 Holdings
Gokaldas Exports Ltd
2.45%
Grindwell Norton Ltd
2.75%
Repo
1.56%
Net Receivables
0.28%
GOVERNMENT OF INDIA 35321 182 DAYS TBILL 05JU25 FV RS 100
0.31%
Abbott India Ltd
2.95%
AIA Engineering Ltd
0.21%
Balkrishna Industries Ltd
0.86%
Bharat Forge Ltd
2.06%
Britannia Industries Ltd
5.23%
Fund Managers
- Tanmaya Desai (Apr 2024 - Present)
- Pradeep Kesavan (Dec 2023 - Present)
Key Information
View Scheme Document
SBI MNC Fund-Growth SIP Calculator
If invested
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For a period of
Investment of ₹0 could have been
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This Fund
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Fixed Deposit
NRI Mutual Fund Tax on SBI MNC 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 MNC 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 MNC 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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