NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

SBI Multicap Fund Growth for NRI [16.50]

Min Investment

5,000

Fund Size

18,603.41 Cr

Expense Ratio

1.7%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

16.50

0.48%

NAV as on 02 Dec 24, 12:00 AM

very high risk

multi cap

equity

NAV as on 02 Dec 24, 12:00 AM

very high risk

multi cap

equity

30.05%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

19.91%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 Dec 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.

  • SBI Multicap Fund Growth delivered 30.1% annual returns during the last year. It has delivered 19.9% 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

  1. R. Srinivasan (Mar 2022 - Present)
  2. Saurabh Pant (Apr 2024 - Present)
  3. Pradeep Kesavan (Apr 2024 - Present)

Key Information

View Scheme Document

SBI Multicap Fund Growth SIP Calculator

If invested

5,000

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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions