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
₹99.26
-1.32%
NAV as on 07 Sep 24, 12:00 AM
very high risk
sector financial services
equity
NAV as on 07 Sep 24, 12:00 AM
very high risk
sector financial services
equity
30.62%p.a.
Last 1Y
18.47%p.a.
Last 3Y
19.51%p.a.
Last 5Y
15.22%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Sundaram Financial Services Opportunities Fund Plan Growth scheme from Sundaram Asset Management Company Ltd. It is a Sector - Financial Services mutual fund scheme that predominantly invests in Sector - Financial Services stocks of companies. Launched on Jun 2008, Sundaram Financial Services Opportunities Fund Plan Growth is Sector - Financial Services fund of its category with 1,409.46 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Financial Services funds.
To seek long-term capital appreciation by investing predominantly in equity and equity related securities of Indian companies engaged in the banking and financial services sector.
HDFC Bank Ltd
17.77%
Axis Bank Ltd
9.40%
ICICI Bank Ltd
8.17%
State Bank of India
5.48%
Cholamandalam Financial Holdings Ltd
4.64%
ICICI Securities Ltd
4.33%
Shriram Finance Ltd
3.92%
Equitas Small Finance Bank Ltd Ordinary Shares
3.86%
IndusInd Bank Ltd
3.82%
Ujjivan Small Finance Bank Ltd Ordinary Shares
3.57%
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
13.2%
very high risk | equity
18.2%
very high risk | equity
14.7%