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

INVEST VIA NRE/NRO

SBI Large & Midcap Fund Growth for NRI [617.21]

Min Investment

5,000

Fund Size

28,172.46 Cr

Expense Ratio

1.6%

Exit Load

0.1%

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

617.21

-1.60%

NAV as on 03 Oct 24, 12:00 AM

very high risk

large & mid cap

equity

NAV as on 03 Oct 24, 12:00 AM

very high risk

large & mid cap

equity

36.27%p.a.

Last 1Y

20.19%p.a.

Last 3Y

23.60%p.a.

Last 5Y

18.49%p.a.

Since Inception

About SBI Large & Midcap Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Large & Midcap Fund Growth scheme from SBI Funds Management Ltd. It is a Large & Mid- Cap mutual fund scheme that predominantly invests in Large & Mid- Cap stocks of companies. Launched on May 2005, SBI Large & Midcap Fund Growth is Large & Mid- Cap fund of its category with 28,172.46 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Large & Mid- Cap funds.

  • SBI Large & Midcap Fund Growth delivered 36.3% annual returns during the last year. It has delivered 18.5% average annual returns since the fund was launched.
  • SBI Large & Midcap 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 diversified portfolio comprising predominantly large cap and mid cap companies.

Top 10 Holdings

HDFC Bank Ltd

5.96%

Reliance Industries Ltd

4.07%

ICICI Bank Ltd

3.23%

HDFC Asset Management Co Ltd

3.00%

Muthoot Finance Ltd

2.68%

State Bank of India

2.66%

Abbott India Ltd

2.63%

Infosys Ltd

2.62%

Voltas Ltd

2.35%

Coforge Ltd

2.07%

Fund Managers

  1. Saurabh Pant (Sep 2016 - Present)
  2. Pradeep Kesavan (Dec 2023 - Present)

Key Information

View Scheme Document

SBI Large & Midcap 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 Large & Midcap 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 Large & Midcap 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 Large & Midcap 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