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
₹1614.88
0.02%
NAV as on 03 Oct 24, 12:00 AM
moderate risk
liquid
liquid
NAV as on 03 Oct 24, 12:00 AM
moderate risk
liquid
liquid
7.37%p.a.
Last 1Y
6.12%p.a.
Last 3Y
5.29%p.a.
Last 5Y
5.98%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Liquid Fund Plan Growth scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Jul 2016, Mahindra Manulife Liquid Fund Plan Growth is Liquid fund of its category with 1,447.72 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Kotak Mahindra Bank Ltd.
7.24%
91 DTB 26092024
6.90%
India (Republic of)
4.93%
Axis Bank Limited
3.45%
Godrej Properties Limited
3.45%
6.18% Govt Stock 2024
3.45%
Motilal Oswal Financial Services Limited
3.45%
Export-Import Bank Of India
3.43%
HDFC Bank Limited
3.43%
Ntpc Limited
3.43%
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 | liquid
6.1%
moderate risk | liquid
6.1%
moderate risk | liquid
6.1%