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
₹48.86
0.09%
NAV as on 04 Dec 24, 12:00 AM
moderately high risk
medium duration
debt
NAV as on 04 Dec 24, 12:00 AM
moderately high risk
medium duration
debt
8.54%p.a.
Last 1Y
6.17%p.a.
Last 3Y
6.96%p.a.
Last 5Y
7.80%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the SBI Magnum Medium Duration Fund Growth scheme from SBI Funds Management Ltd. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Nov 2003, SBI Magnum Medium Duration Fund Growth is Medium Duration fund of its category with 6,666.85 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.
To provide investors an opportunity to generate attractive returns with moderate degree of liquidity through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 3 years - 4 years. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.
7.18% Govt Stock 2033
11.68%
7.1% Govt Stock 2034
9.75%
7.18% Govt Stock 2037
8.19%
Godrej Properties Limited
4.51%
7.23% Govt Stock 2039
4.24%
Avanse Financial Services Ltd.
3.75%
Jindal Stainless Limited
3.58%
Renew Solar Energy (Jharkhand Five) Private Limited
3.56%
Century Textiles And Industried Limited
3.30%
Yes Bank Limited
3.30%
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
moderately high risk | debt
6.3%
moderately high risk | debt
5.8%
moderately high risk | debt
13.8%