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

INVEST VIA NRE/NRO

SBI Short Term Debt Fund-Growth for NRI [33.28]

Min Investment

₹5,000

Fund Size

₹17,219.19 Cr

Expense Ratio

0.8%

Exit Load

0%

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

₹33.28

0.06%

NAV as on 16 Feb 26, 12:00 AM

low to moderate risk

short duration

debt

NAV as on 16 Feb 26, 12:00 AM

low to moderate risk

short duration

debt

7.38%p.a.

Last 1Y

7.36%p.a.

Last 3Y

5.92%p.a.

Last 5Y

7.34%p.a.

Since Inception

About SBI Short Term Debt Fund-Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Short Term Debt Fund-Growth scheme from SBI Mutual Fund. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on Jul 2007, SBI Short Term Debt Fund-Growth is Short Duration fund of its category with 17,219.19 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.

  • SBI Short Term Debt Fund-Growth delivered 7.4% annual returns during the last year. It has delivered 7.3% average annual returns since the fund was launched.
  • SBI Short Term Debt Fund-Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

To provide investors an opportunity to generate regular income through investments in a portfolio comprising predominantly of debt instruments which are rated not below investment grade and money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years.

Top 10 Holdings

Repo

9.08%

Net Receivables

1.23%

Power Finance Corporation Ltd SR-164 Bonds 7.75 22/03/2027

0.53%

REC Ltd SR-147 Bonds 7.95 12/03/2027

0.31%

LIC HOUSING FINANCE LIMITED TR- 359 7.95 LOA 29JN28 FVRS10LAC

0.59%

LIC HOUSING FINANCE LIMITED TRANCHE 382 8.7 LOA 23MR29 FVRS10LAC

0.13%

Gsec C-STRIPS Mat 15-Jun-2027

0.01%

6.75%RAJASTHAN STATE DEVELOPMENT LOAN M-04/11/2030

0.06%

INDIA GRID TRUST SR M 6.72 LOA 14SP26 FVRS10LAC

0.14%

CAN FIN HOMES LIMITED 7.8 LOA 24NV25 FVRS10LAC

0.92%

Fund Managers

  1. Mansi Sajeja (Dec 2023 - Present)
  2. Pradeep Kesavan (Dec 2023 - Present)

Key Information

View Scheme Document

SBI Short Term Debt 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 Short Term Debt 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 Short Term Debt 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 Short Term Debt 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

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SBI Short Term Debt Fund Retail Fortnightly Reinvestment of Income Distribution cum cap

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Frequently Asked Questions

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