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

INVEST VIA NRE/NRO

SBI Healthcare Opportunities Fund Growth for NRI [420.91]

Min Investment

5,000

Fund Size

3,202.66 Cr

Expense Ratio

2.0%

Exit Load

0.5%

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

420.91

0.32%

NAV as on 02 Oct 24, 12:00 AM

very high risk

sector healthcare

equity

NAV as on 02 Oct 24, 12:00 AM

very high risk

sector healthcare

equity

49.92%p.a.

Last 1Y

21.53%p.a.

Last 3Y

31.51%p.a.

Last 5Y

16.08%p.a.

Since Inception

About SBI Healthcare Opportunities Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Healthcare Opportunities Fund Growth scheme from SBI Funds Management Ltd. It is a Sector - Healthcare mutual fund scheme that predominantly invests in Sector - Healthcare stocks of companies. Launched on Dec 2004, SBI Healthcare Opportunities Fund Growth is Sector - Healthcare fund of its category with 3,202.66 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Sector - Healthcare funds.

  • SBI Healthcare Opportunities Fund Growth delivered 49.9% annual returns during the last year. It has delivered 16.1% average annual returns since the fund was launched.
  • SBI Healthcare Opportunities 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 investors with the opportunity of long-term capital appreciation by investing in a diversified portfolio of equity and equity related securities in Healthcare space.

Top 10 Holdings

Sun Pharmaceuticals Industries Ltd

11.94%

Divi's Laboratories Ltd

5.73%

Lupin Ltd

5.60%

Max Healthcare Institute Ltd Ordinary Shares

5.44%

Cipla Ltd

5.17%

Lonza Group Ltd ADR

5.13%

Poly Medicure Ltd

4.66%

Krishna Institute of Medical Sciences Ltd

3.95%

Aether Industries Ltd

3.89%

Jupiter Life Line Hospitals Ltd

3.76%

Fund Managers

  1. Tanmaya Desai (Jun 2011 - Present)
  2. Pradeep Kesavan (Dec 2023 - Present)

Key Information

View Scheme Document

SBI Healthcare Opportunities 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 Healthcare Opportunities 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 Healthcare Opportunities 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 Healthcare Opportunities 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