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
₹13.25
0.17%
NAV as on 04 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 04 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
6.99%p.a.
Last 1Y
5.78%p.a.
Last 3Y
4.83%p.a.
Last 5Y
4.97%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the LIC MF Arbitrage Plan Growth scheme from LIC Mutual Fund Asset Management Limited. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Jan 2019, LIC MF Arbitrage Plan Growth is Arbitrage Fund fund of its category with 136.44 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
The investment objective of the scheme is to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments.However, there is no assurance that the investment objective of the Schemes will be realized.
LIC MF Liquid Dir Gr
24.00%
Future on Bharat Electronics Ltd
4.79%
Bharat Electronics Ltd
4.76%
Future on Bharat Heavy Electricals Ltd
4.00%
Future on HDFC Asset Management Co Ltd
4.00%
Bharat Heavy Electricals Ltd
3.98%
HDFC Asset Management Co Ltd
3.97%
Future on Tata Power Co Ltd
3.84%
Future on GMR Airports Ltd
3.83%
Tata Power Co Ltd
3.82%
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 risk | equity
6.4%
low risk | equity
6.3%
low risk | equity
6.1%