NRI from all over the world (including U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Navi Liquid Fund Growth for NRI [26.42]

Min Investment

10

Fund Size

99.92 Cr

Expense Ratio

0.2%

Exit Load

0.007%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

26.42

0.04%

NAV as on 26 May 24, 12:00 AM

low to moderate risk

liquid

liquid

NAV as on 26 May 24, 12:00 AM

low to moderate risk

liquid

liquid

6.86%p.a.

Last 1Y

5.60%p.a.

Last 3Y

4.99%p.a.

Last 5Y

7.05%p.a.

Since Inception

About Navi Liquid Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Navi Liquid Fund Growth scheme from Navi AMC Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Feb 2010, Navi Liquid Fund Growth is Liquid fund of its category with 99.92 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.

  • Navi Liquid Fund Growth delivered 6.9% annual returns during the last year. It has delivered 7.0% average annual returns since the fund was launched.
  • Navi Liquid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in liquid

Fund Objective

To provide a high level of liquidity with reasonable returns commensurate with low risk through a portfolio of money market and debt securities. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The scheme does not assure or guarantee any returns.

Top 10 Holdings

Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent

16.84%

TATA Motors Limited

9.22%

Power Grid Corporation Of India Limited

8.66%

Icici Securities Limited

8.58%

Canara Bank

8.57%

Indusind Bank Limited

8.05%

Time Technoplast Limited

8.00%

Export-Import Bank Of India

7.52%

91 DTB 02052024

5.41%

Rural Electrification Corporation Limited

5.40%

Fund Managers

  1. Tanmay Sethi (Feb 2024 - Present)

Key Information

View Scheme Document

Navi Liquid Fund Growth SIP Calculator

If invested

5,000

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

NRI Mutual Fund Tax on Navi Liquid Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Navi Liquid Fund Growth?

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 Navi Liquid Fund Growth
  • 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