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
₹15.82
0.24%
NAV as on 16 Nov 24, 12:00 AM
very high risk
multi cap
equity
NAV as on 16 Nov 24, 12:00 AM
very high risk
multi cap
equity
31.02%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
20.42%p.a.
Since Inception
About SBI Multicap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Multicap Fund Growth scheme from SBI Funds Management Ltd. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Mar 2022, SBI Multicap Fund Growth is Multi-Cap fund of its category with 18,603.41 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
- SBI Multicap Fund Growth delivered 31.0% annual returns during the last year. It has delivered 20.4% average annual returns since the fund was launched.
- SBI Multicap 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
The investment objective of the scheme is to provide investors with opportunities for long term growth in capital from a diversified portfolio of equity and equity related instruments across market capitalization.However, there can be no assurance that the investment objective of the Scheme will be realized
Top 10 Holdings
ICICI Bank Ltd
4.86%
Kotak Mahindra Bank Ltd
4.35%
K.P.R. Mill Ltd
3.97%
Torrent Power Ltd
3.78%
Blue Star Ltd
3.52%
Muthoot Finance Ltd
3.42%
TVS Motor Co Ltd
3.41%
Jubilant Foodworks Ltd
3.41%
Hindalco Industries Ltd
3.32%
Bharti Airtel Ltd
3.29%
Fund Managers
- R. Srinivasan (Mar 2022 - Present)
- Saurabh Pant (Apr 2024 - Present)
- Pradeep Kesavan (Apr 2024 - Present)
Key Information
View Scheme Document
SBI Multicap Fund Growth SIP Calculator
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
NRI Mutual Fund Tax on SBI Multicap 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 Multicap 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 Multicap 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
Similar Funds
Funds
3Y Return
Nippon India Multi Cap Fund - Growth
very high risk | equity
22.6%
HDFC Multi Cap Fund Growth
very high risk | equity
0.0%
Kotak Multicap Fund Growth
very high risk | equity
21.6%
Frequently Asked Questions
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