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
₹6203.04
0.01%
NAV as on 17 Feb 26, 12:00 AM
low to moderate risk
ultra short duration
debt
NAV as on 17 Feb 26, 12:00 AM
low to moderate risk
ultra short duration
debt
6.78%p.a.
Last 1Y
7.08%p.a.
Last 3Y
5.90%p.a.
Last 5Y
7.06%p.a.
Since Inception
About SBI Ultra Short Duration Fund -Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Ultra Short Duration Fund -Growth scheme from SBI Mutual Fund. It is a Ultra Short Duration mutual fund scheme that predominantly invests in Ultra Short Duration stocks of companies. Launched on May 1999, SBI Ultra Short Duration Fund -Growth is Ultra Short Duration fund of its category with 14,031.67 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Ultra Short Duration funds.
- SBI Ultra Short Duration Fund -Growth delivered 6.8% annual returns during the last year. It has delivered 7.1% average annual returns since the fund was launched.
- SBI Ultra Short Duration Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To provide investors with an opportunity to generate regular income with high degree of liquidity through investments in a portfolio comprising predominantly of debt and money market instruments.
Top 10 Holdings
Repo
10.78%
Net Payables
-0.55%
Madhya Pradesh State 8.36 15/07/2025
0.03%
Gujarat State SDL 8.27 13/01/2026
0.46%
Uttar Pradesh State SDL 7.99 29/06/2026
0.25%
Rajasthan State SDL 8.65 24/02/2026
0.16%
Maharashtra State SDL 7.96 29/06/2026
0.65%
Andhra Pradesh State SDL 7.42 09/11/2026
0.25%
Bihar State SDL 8.17 23/09/2025
0.31%
Karnataka State SDL 8.38 27/01/2026
1.33%
Fund Managers
- Sudhir Agrawal (May 2025 - Present)
- Pradeep Kesavan (Dec 2023 - Present)
Key Information
View Scheme Document
SBI Ultra Short Duration Fund -Growth SIP Calculator
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NRI Mutual Fund Tax on SBI Ultra Short Duration 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 Ultra Short Duration 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 Ultra Short Duration 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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Frequently Asked Questions
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