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
₹30.89
1.18%
NAV as on 14 May 24, 12:00 AM
very high risk
equity other
equity
NAV as on 14 May 24, 12:00 AM
very high risk
equity other
equity
94.54%p.a.
Last 1Y
38.98%p.a.
Last 3Y
25.62%p.a.
Last 5Y
8.64%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the SBI PSU Growth scheme from SBI Funds Management Ltd. It is a Equity - Other mutual fund scheme that predominantly invests in Equity - Other stocks of companies. Launched on Jul 2010, SBI PSU Growth is Equity - Other fund of its category with 2,352.22 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Other funds.
To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings (and their subsidiaries) and in debt and money market instruments issued by PSUs and others.
State Bank of India
9.76%
Power Grid Corp Of India Ltd
7.55%
NTPC Ltd
6.71%
Hindustan Copper Ltd
5.08%
Steel Authority Of India Ltd
4.54%
Oil & Natural Gas Corp Ltd
4.15%
Housing & Urban Development Corp Ltd
4.15%
National Aluminium Co Ltd
3.94%
Bharat Heavy Electricals Ltd
3.59%
Life Insurance Corporation of India
3.54%
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
28.8%
very high risk | equity
25.1%
very high risk | equity
12.6%