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
₹1119.34
0.03%
NAV as on 26 Oct 23, 12:00 AM
low to moderate risk
banking & psu
debt
NAV as on 26 Oct 23, 12:00 AM
low to moderate risk
banking & psu
debt
6.72%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
4.34%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the TrustMF Banking & PSU Debt Growth scheme from Trust Asset Management Private Limited. It is a Banking & PSU mutual fund scheme that predominantly invests in Banking & PSU stocks of companies. Launched on Feb 2021, TrustMF Banking & PSU Debt Growth is Banking & PSU fund of its category with 297.62 Cr fund under management as on Oct 2023. The expense ratio of this fund is less than that of most other Fund category Banking & PSU funds.
To generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs), Public Financial Institutions (PFIs) and Municipal Bonds. However, there can be no assurance that the investment objective of the scheme will be realised
08.90 MH Sdl 2024
8.52%
Power Grid Corporation Of India Limited
8.51%
ICICI Bank Limited
8.38%
Hindustan Petroleum Corporation Limited
8.37%
Rural Electrification Corporation Limited
8.30%
National Bank For Agriculture And Rural Development
8.25%
ICICI Home Finance Company Limited
4.97%
State Bank Of India
3.36%
08.83 Tn SDL 2024
1.70%
State Bank Of India
1.68%
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 | debt
5.4%
low to moderate risk | debt
4.2%
low to moderate risk | debt
4.7%