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
₹9.58
-1.26%
NAV as on 13 Nov 24, 12:00 AM
very high risk
equity consumption
equity
NAV as on 13 Nov 24, 12:00 AM
very high risk
equity consumption
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
0.00%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the SBI Nifty India Consumption Index Fund Growth scheme from SBI Funds Management Ltd. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Oct 2024, SBI Nifty India Consumption Index Fund Growth is Equity - Consumption fund of its category with 0 fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.
The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
ITC Ltd
10.53%
Bharti Airtel Ltd
10.22%
Mahindra & Mahindra Ltd
7.59%
Hindustan Unilever Ltd
7.03%
Trent Ltd
4.94%
Zomato Ltd
4.70%
Maruti Suzuki India Ltd
4.55%
Titan Co Ltd
4.22%
Asian Paints Ltd
4.15%
Bajaj Auto Ltd
3.41%
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
very high risk | equity
12.3%
very high risk | equity
0.0%
very high risk | equity
15.7%