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

INVEST VIA NRE/NRO

SBI International Access - US Equity FoF Growth for NRI [15.45]

Min Investment

5,000

Fund Size

866.47 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

15.45

0.95%

NAV as on 26 May 24, 12:00 AM

very high risk

global other

equity

NAV as on 26 May 24, 12:00 AM

very high risk

global other

equity

40.18%p.a.

Last 1Y

13.30%p.a.

Last 3Y

0.00%p.a.

Last 5Y

12.89%p.a.

Since Inception

About SBI International Access - US Equity FoF Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI International Access - US Equity FoF Growth scheme from SBI Funds Management Ltd. It is a Global - Other mutual fund scheme that predominantly invests in Global - Other stocks of companies. Launched on Mar 2021, SBI International Access - US Equity FoF Growth is Global - Other fund of its category with 866.47 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Global - Other funds.

  • SBI International Access - US Equity FoF Growth delivered 40.2% annual returns during the last year. It has delivered 12.9% average annual returns since the fund was launched.
  • SBI International Access - US Equity FoF Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The scheme seeks to provide long term capital appreciation by investing in units of one or more mutual fund schemes / ETF, which are domiciled overseas and predominantly invest in US markets. However, there can be no assurance that the investment objective of the scheme would be achieved

Top 1 Holdings

Amundi Funds US Pioneer Fund -I15 USD CAP

99.28%

Fund Managers

  1. Pradeep Kesavan (Dec 2023 - Present)

Key Information

View Scheme Document

SBI International Access - US Equity FoF 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 International Access - US Equity FoF 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 International Access - US Equity FoF 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 International Access - US Equity FoF 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