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
₹50.81
0.51%
NAV as on 11 Nov 24, 12:00 AM
very high risk
sector financial services
equity
NAV as on 11 Nov 24, 12:00 AM
very high risk
sector financial services
equity
21.82%p.a.
Last 1Y
11.69%p.a.
Last 3Y
12.39%p.a.
Last 5Y
13.90%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Taurus Banking & Financial Services Fund Growth Option scheme from Taurus Asset Management Company Limited. It is a Sector - Financial Services mutual fund scheme that predominantly invests in Sector - Financial Services stocks of companies. Launched on May 2012, Taurus Banking & Financial Services Fund Growth Option is Sector - Financial Services fund of its category with 11.09 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Financial Services funds.
The primary objective of the Scheme is to generate capital appreciation through a portfolio that invests predominantly in equity and equity related instruments of Banking, Financial and Non Banking Financial Companies that form a part of the BFSI Sector.
HDFC Bank Ltd
20.26%
ICICI Bank Ltd
19.71%
State Bank of India
12.25%
Axis Bank Ltd
10.78%
Kotak Mahindra Bank Ltd
8.23%
Bajaj Holdings and Investment Ltd
3.20%
CreditAccess Grameen Ltd Ordinary Shares
2.97%
HDFC Life Insurance Co Ltd
2.58%
IndusInd Bank Ltd
2.51%
Prudent Corporate Advisory Services Ltd
2.38%
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
11.6%
very high risk | equity
13.8%
very high risk | equity
15.8%