NRI from all over the world (including 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
₹6832.11
0.01%
NAV as on 18 Dec 24, 12:00 AM
moderate risk
money market
debt
NAV as on 18 Dec 24, 12:00 AM
moderate risk
money market
debt
7.26%p.a.
Last 1Y
6.16%p.a.
Last 3Y
5.44%p.a.
Last 5Y
7.20%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the UTI Money Market Fund-Discontinued - Plan -Growth scheme from UTI Asset Management Co Ltd. It is a Money Market mutual fund scheme that predominantly invests in Money Market stocks of companies. Launched on Apr 1997, UTI Money Market Fund-Discontinued - Plan -Growth is Money Market fund of its category with 16,649.68 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Money Market funds.
The investment objective of the scheme is to generate reasonable income with high level of liquidity by investing in a portfolio of money market instruments. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
182 DTB 18102024
6.13%
182 D Tbill Mat - 14/02/2025
1.78%
Cd - Union Bank Of India - 02/04/25
1.18%
Axis Bank Ltd.
0.84%
08.09 Ts SDL 2025
0.81%
7.52% GJ Sdl 08/03/2025
0.60%
08.08 CG Sdl 2025
0.60%
HDFC Bank Ltd.
0.57%
08.09 Uk SDL 2025
0.30%
Union Bank of India
0.30%
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
moderate risk | debt
6.1%
moderate risk | debt
6.6%
moderate risk | liquid
6.6%