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

INVEST VIA NRE/NRO

SBI Consumption Opportunities Fund Plan Growth for NRI [285.44]

Min Investment

5,000

Fund Size

2,165.26 Cr

Expense Ratio

2.1%

Exit Load

0.1%

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

285.44

-0.66%

NAV as on 26 May 24, 12:00 AM

very high risk

equity consumption

equity

NAV as on 26 May 24, 12:00 AM

very high risk

equity consumption

equity

32.86%p.a.

Last 1Y

24.24%p.a.

Last 3Y

20.48%p.a.

Last 5Y

16.56%p.a.

Since Inception

About SBI Consumption Opportunities Fund Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Consumption Opportunities Fund Plan Growth scheme from SBI Funds Management Ltd. It is a Equity - Consumption mutual fund scheme that predominantly invests in Equity - Consumption stocks of companies. Launched on Jan 2013, SBI Consumption Opportunities Fund Plan Growth is Equity - Consumption fund of its category with 2,165.26 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Consumption funds.

  • SBI Consumption Opportunities Fund Plan Growth delivered 32.9% annual returns during the last year. It has delivered 16.6% average annual returns since the fund was launched.
  • SBI Consumption Opportunities Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To provide the investor with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in Consumption space.

Top 10 Holdings

Bharti Airtel Ltd

5.62%

Ganesha Ecosphere Ltd

5.03%

Chalet Hotels Ltd

4.54%

ITC Ltd

4.43%

Bajaj Auto Ltd

4.10%

EIH Ltd

3.42%

Blue Star Ltd

3.25%

United Spirits Ltd

3.04%

Jubilant Foodworks Ltd

3.02%

Godrej Consumer Products Ltd

2.93%

Fund Managers

  1. Pradeep Kesavan (Apr 2024 - Present)
  2. Ashit Desai (Apr 2024 - Present)

Key Information

View Scheme Document

SBI Consumption Opportunities Fund Plan 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 SBI Consumption Opportunities Fund Plan 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 SBI Consumption Opportunities Fund Plan 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 SBI Consumption Opportunities Fund Plan 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