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
₹2178.14
0.02%
NAV as on 07 Sep 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 07 Sep 24, 12:00 AM
low to moderate risk
liquid
liquid
7.29%p.a.
Last 1Y
5.95%p.a.
Last 3Y
5.09%p.a.
Last 5Y
6.43%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Sundaram Liquid Fund Growth scheme from Sundaram Asset Management Company Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Aug 2004, Sundaram Liquid Fund Growth is Liquid fund of its category with 5,840.95 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
To provide investors with as high a level of income available from short-term investments as is considered consistent with preservation of capital and maintenance of liquidity, by investing in a portfolio of money market and investment grade debt instruments.
India (Republic of)
4.67%
Reverse Repo
3.08%
Punjab National Bank
2.99%
Treps
2.77%
National Bank For Agriculture And Rural Development
2.56%
Axis Bank Limited
2.56%
Export-Import Bank Of India
2.56%
HDFC Bank Limited
2.56%
Canara Bank
2.55%
Union Bank Of India
2.55%
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
low to moderate risk | liquid
5.9%
low to moderate risk | liquid
5.9%
low to moderate risk | liquid
5.3%