Banking & Investments Simplified for NRIs

SBI Funds Management Ltd is a Arbitrage mutual fund scheme from SBI Funds Management Ltd. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. SBI Funds Management Ltd has ₹9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an .

SBI Funds Management Ltd is a mutual fund scheme from SBI Funds Management Ltd. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. SBI Funds Management Ltd has ₹9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an Avg 1 year Return of Kotak Mutual Fund is 15.34%

Best SBI Mutual Funds for NRIs

Fund Name	Category	Risk	1Y Return	Fund Size
SBI Equity Hybrid Fund Regular Growth	Allocation	very high Risk	26.19%	₹73,405.39 Cr
SBI Liquid Fund Regular Plan Growth	Money Market	low to moderate Risk	7.30%	₹69,854.41 Cr
SBI Liquid Fund Institutional Growth	Money Market	low to moderate Risk	7.30%	₹69,854.41 Cr
SBI Bluechip Fund Regular Growth	Equity	very high Risk	29.98%	₹51,632.73 Cr
SBI Contra Fund Regular Growth	Equity	very high Risk	42.26%	₹39,432.5 Cr
SBI Focused Equity Fund Growth	Equity	very high Risk	28.76%	₹35,570.57 Cr
SBI Small Cap Fund Regular Plan Growth	Equity	very high Risk	37.82%	₹33,068.53 Cr
SBI Balanced Advantage Fund Regular Growth	Allocation	high Risk	23.10%	₹32,440.91 Cr
SBI Arbitrage Opportunities Fund Regular Growth	Alternative	low Risk	7.31%	₹32,415.26 Cr
SBI Large & Midcap Fund Regular Growth	Equity	very high Risk	36.27%	₹28,172.46 Cr
SBI Long Term Equity Fund Regular Growth	Equity	very high Risk	52.81%	₹28,000.03 Cr
SBI Savings Fund Regular Plan Growth	Fixed Income	moderate Risk	7.18%	₹27,865.96 Cr
SBI Flexicap Fund Regular Growth	Equity	very high Risk	31.33%	₹22,986.72 Cr
SBI Magnum Midcap Fund Regular Growth	Equity	very high Risk	34.43%	₹21,516.89 Cr
SBI Corporate Bond Fund Regular Growth	Fixed Income	moderate Risk	7.90%	₹20,175.02 Cr
SBI Overnight Fund Regular Plan Growth	Money Market	low Risk	6.66%	₹18,957.96 Cr
SBI Multicap Fund Regular Growth	Equity	very high Risk	39.26%	₹18,448.66 Cr
SBI Short Term Debt Fund Retail Plan Growth	Fixed Income	low to moderate Risk	7.72%	₹13,272.19 Cr
SBI Short Term Debt Fund Regular Growth	Fixed Income	low to moderate Risk	7.72%	₹13,272.19 Cr
SBI Magnum Ultra Short Duration Fund Regular Plan Growth	Fixed Income	moderate Risk	7.35%	₹12,913.18 Cr
SBI Magnum Low Duration Fund Regular Plan Growth	Fixed Income	low to moderate Risk	7.21%	₹11,623.79 Cr
SBI Magnum Low Duration Fund Institutional Growth	Fixed Income	low to moderate Risk	7.22%	₹11,623.79 Cr
SBI Energy Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹11,270.11 Cr
SBI Conservative Hybrid Fund Regular Growth	Allocation	high Risk	14.70%	₹10,048.63 Cr
SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund Regular Growth	Fixed Income	moderate Risk	7.86%	₹9,895.54 Cr
SBI Magnum Gilt Fund PF Plan Regular Growth	Fixed Income	low to moderate Risk	10.46%	₹9,757.04 Cr
SBI Magnum Gilt Fund Regular Growth	Fixed Income	low to moderate Risk	10.46%	₹9,757.04 Cr
SBI Magnum Gilt Fund PF Plan Fixed Period 3 year Growth	Fixed Income	low to moderate Risk	10.46%	₹9,757.04 Cr
SBI Dividend Yield Fund Regular Growth	Equity	very high Risk	37.33%	₹9,445.04 Cr
SBI Nifty Index Fund Regular Growth	Equity	very high Risk	30.09%	₹8,483.97 Cr
SBI Innovative Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹7,836.76 Cr
SBI Magnum Global Fund Regular Growth	Equity	very high Risk	14.00%	₹6,788.62 Cr
SBI Automotive Opportunities Fund Regular Growth	Equity	very high Risk	0.00%	₹6,648.97 Cr
SBI Magnum Medium Duration Fund Regular Growth	Fixed Income	moderately high Risk	8.13%	₹6,146.83 Cr
SBI Banking & Financial Services Regular Growth	Equity	very high Risk	34.03%	₹6,120.42 Cr
SBI Multi Asset Allocation Fund Regular Growth	Allocation	high Risk	26.09%	₹6,063.78 Cr
SBI ESG Exclusionary Strategy Fund Regular Growth	Equity	very high Risk	31.72%	₹6,035.5 Cr
SBI Equity Savings Regular Growth	Allocation	moderately high Risk	15.52%	₹5,088.38 Cr
SBI PSU Regular Growth	Equity	very high Risk	62.72%	₹4,851.11 Cr
SBI Infrastructure Fund Regular Growth	Equity	very high Risk	52.74%	₹4,790.48 Cr
SBI Technology Opportunities Fund Regular Growth	Equity	very high Risk	37.42%	₹4,387.45 Cr
SBI Banking and PSU Fund Regular Plan Growth	Fixed Income	low to moderate Risk	7.72%	₹3,756.4 Cr
SBI Healthcare Opportunities Fund Regular Growth	Equity	very high Risk	48.40%	₹3,202.66 Cr
SBI Dynamic Bond Regular Growth	Fixed Income	moderate Risk	9.84%	₹3,183.78 Cr
SBI Consumption Opportunities Fund Regular Plan Growth	Equity	very high Risk	44.04%	₹2,853.9 Cr
SBI Retirement Benefit Fund - Aggressive Plan Regular Growth	Allocation	very high Risk	28.88%	₹2,763.33 Cr
SBI Magnum Children's Benefit Fund- Investment Plan Regular Growth	Allocation	very high Risk	44.37%	₹2,693.38 Cr
SBI CRISIL IBX Gilt Index June 2036 Fund Regular Growth	Fixed Income	moderately high Risk	11.26%	₹2,512.77 Cr
SBI Credit Risk Fund Regular Plan Growth	Fixed Income	high Risk	7.86%	₹2,363.06 Cr
SBI CRISIL IBX Gilt Index - April 2029 Fund Regular Growth	Fixed Income	moderately high Risk	9.30%	₹2,184.37 Cr
SBI Long Duration Fund Regular Growth	Fixed Income	moderately high Risk	13.09%	₹2,148.83 Cr
SBI Gold Fund Regular Plan Growth	Commodities	high Risk	31.13%	₹2,027.77 Cr
SBI Magnum Income Fund Regular Growth	Fixed Income	moderately high Risk	8.69%	₹1,791.93 Cr
SBI Magnum Constant Maturity Fund Regular Growth	Fixed Income	moderately high Risk	10.10%	₹1,673.31 Cr
SBI Retirement Benefit Fund - Aggressive Hybrid Plan Regular Growth	Allocation	very high Risk	25.52%	₹1,544.6 Cr
SBI Nifty Next 50 Index Fund Regular Growth	Equity	very high Risk	66.59%	₹1,311.39 Cr
SBI Floating Rate Debt Fund Regular Growth	Fixed Income	low to moderate Risk	8.10%	₹1,141.92 Cr
SBI Nifty50 Equal Weight Index Fund Regular Growth	Equity	very high Risk	0.00%	₹1,097.61 Cr
SBI CRISIL IBX SDL Index September 2027 Fund Regular Growth	Fixed Income	low to moderate Risk	8.61%	₹1,096 Cr
SBI Nifty Smallcap 250 Index Fund Regular Growth	Equity	very high Risk	46.60%	₹1,087.34 Cr
SBI International Access - US Equity FoF Regular Growth	Equity	very high Risk	38.93%	₹941.25 Cr
SBI Magnum Comma Fund Regular Growth	Equity	very high Risk	41.16%	₹675.49 Cr
SBI Nifty Midcap 150 Index Fund Regular Growth	Equity	very high Risk	43.62%	₹626.67 Cr
SBI Retirement Benefit Fund - Conservative Hybrid Plan Regular Growth	Allocation	high Risk	16.73%	₹278.52 Cr
SBI Silver ETF Fund of Fund Regular Growth	Commodities	very high Risk	0.00%	₹268.48 Cr
SBI Equity Minimum Variance Fund Regular Growth	Equity	very high Risk	37.63%	₹228.86 Cr
SBI BSE Sensex Index Fund Regular Growth	Equity	very high Risk	26.81%	₹215.72 Cr
SBI Retirement Benefit Fund - Conservative Plan Regular Growth	Allocation	moderately high Risk	12.84%	₹178.79 Cr
SBI Magnum Children's Benefit Fund Regular Growth	Allocation	high Risk	21.44%	₹121.04 Cr
SBI Nifty 500 Index Fund Regular Growth	Equity	very high Risk	0.00%	₹0

How can NRIs invest in SBI Funds Management Ltd?

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 SBI Funds Management Ltd

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

Frequently Asked Questions

Can NRIs invest in SBI Funds Management Ltd?

How can NRI buy SBI Funds Management Ltd ?

Does SBI Funds Management Ltd accept an NRI application with a foreign bank account details?

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