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

INVEST VIA NRE/NRO

SBI Nifty IT ETF - Growth for NRI [331.91]

Min Investment

5,000

Fund Size

74.76 Cr

Expense Ratio

0.2%

Exit Load

%

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

331.91

-0.59%

NAV as on 05 Mar 26, 12:00 AM

risk

etf units

equity

NAV as on 05 Mar 26, 12:00 AM

risk

etf units

equity

-19.14%p.a.

Last 1Y

2.27%p.a.

Last 3Y

5.52%p.a.

Last 5Y

8.35%p.a.

Since Inception

About SBI Nifty IT ETF - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Nifty IT ETF - Growth scheme from SBI Mutual Fund. It is a ETF Units mutual fund scheme that predominantly invests in ETF Units stocks of companies. Launched on Oct 2020, SBI Nifty IT ETF - Growth is ETF Units fund of its category with 74.76 Cr fund under management as on Mar 2026. The expense ratio of this fund is less than that of most other Fund category ETF Units funds.

  • SBI Nifty IT ETF - Growth delivered -19.1% annual returns during the last year. It has delivered 8.3% average annual returns since the fund was launched.
  • SBI Nifty IT ETF - 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 Schemes Is To Provide Return That Closely Correspond To The Totalreturns Of The Securities As Represented By The Underlying Index, Subject To Tracking Error.

Top 10 Holdings

Repo

0.00%

Net Payables

-0.04%

HCL Technologies Ltd

11.63%

Infosys Ltd

29.20%

Mphasis Ltd

2.95%

Coforge Ltd

5.19%

Oracle Financial Services Software Ltd

1.73%

Tata Consultancy Services Ltd

20.74%

Tech Mahindra Ltd

10.36%

Wipro Ltd

6.33%

Fund Managers

  1. Harsh Sethi (Oct 2020 - Present)
  2. Viral Chhadva (Mar 2026 - Present)

Key Information

View Scheme Document

SBI Nifty IT ETF - 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 Nifty IT ETF - 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 Nifty IT ETF - 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 Nifty IT ETF - 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