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
₹98.06
-1.34%
NAV as on 17 Dec 24, 12:00 AM
very high risk
sector financial services
equity
NAV as on 17 Dec 24, 12:00 AM
very high risk
sector financial services
equity
10.29%p.a.
Last 1Y
19.39%p.a.
Last 3Y
15.17%p.a.
Last 5Y
14.76%p.a.
Since Inception
About Sundaram Financial Services Opportunities Fund Plan Growth for NRIs
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 1,449.84 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Financial Services funds.
- Sundaram Financial Services Opportunities Fund Plan Growth delivered 10.3% annual returns during the last year. It has delivered 14.8% average annual returns since the fund was launched.
- Sundaram Financial Services Opportunities Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
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.
Top 10 Holdings
HDFC Bank Ltd
13.67%
ICICI Bank Ltd
13.32%
Axis Bank Ltd
8.90%
Bajaj Finance Ltd
5.30%
State Bank of India
5.12%
Shriram Finance Ltd
3.71%
Bank of Baroda
3.64%
PNB Housing Finance Ltd
3.51%
CSB Bank Ltd Ordinary Shares
3.49%
Ujjivan Small Finance Bank Ltd Ordinary Shares
3.37%
Fund Managers
- Rohit Seksaria (Dec 2017 - Present)
- Ashish Aggarwal (Jan 2022 - Present)
Key Information
View Scheme Document
Sundaram Financial Services Opportunities Fund Plan Growth SIP Calculator
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
NRI Mutual Fund Tax on Sundaram Financial Services Opportunities Fund Plan Growth
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 |
How can NRIs invest in Sundaram Financial Services Opportunities Fund Plan 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 Sundaram Financial Services Opportunities Fund Plan 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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Frequently Asked Questions
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