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

INVEST VIA NRE/NRO

SBI Focused Equity Fund Growth for NRI [331.35]

Min Investment

5,000

Fund Size

36,367.07 Cr

Expense Ratio

1.6%

Exit Load

1%

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

331.35

-0.58%

NAV as on 03 Nov 24, 12:00 AM

very high risk

focused fund

equity

NAV as on 03 Nov 24, 12:00 AM

very high risk

focused fund

equity

27.85%p.a.

Last 1Y

10.35%p.a.

Last 3Y

17.22%p.a.

Last 5Y

18.94%p.a.

Since Inception

About SBI Focused Equity Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Focused Equity Fund Growth scheme from SBI Funds Management Ltd. It is a Focused Fund mutual fund scheme that predominantly invests in Focused Fund stocks of companies. Launched on Oct 2004, SBI Focused Equity Fund Growth is Focused Fund fund of its category with 36,367.07 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Focused Fund funds.

  • SBI Focused Equity Fund Growth delivered 27.9% annual returns during the last year. It has delivered 18.9% average annual returns since the fund was launched.
  • SBI Focused Equity Fund 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 concentrated portfolio of equity and equity related securities.

Top 10 Holdings

Alphabet Inc Class A

7.26%

Bharti Airtel Ltd (Partly Paid Rs.1.25)

6.19%

Muthoot Finance Ltd

5.13%

Procter & Gamble Hygiene and Health Care Ltd

4.50%

Bajaj Finance Ltd

4.45%

Solar Industries India Ltd

4.44%

HDFC Bank Ltd

4.29%

Jubilant Foodworks Ltd

4.26%

ICICI Bank Ltd

4.17%

State Bank of India

4.12%

Fund Managers

  1. R. Srinivasan (May 2009 - Present)
  2. Pradeep Kesavan (Dec 2023 - Present)

Key Information

View Scheme Document

SBI Focused Equity 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 SBI Focused Equity 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 SBI Focused Equity 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 SBI Focused Equity 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