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

INVEST VIA NRE/NRO

SBI Liquid Fund Institutional Growth for NRI [3841.61]

Min Investment

500

Fund Size

70,911.57 Cr

Expense Ratio

0.3%

Exit Load

0.007%

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

3841.61

0.02%

NAV as on 22 Jun 24, 12:00 AM

low to moderate risk

liquid

liquid

NAV as on 22 Jun 24, 12:00 AM

low to moderate risk

liquid

liquid

7.21%p.a.

Last 1Y

5.67%p.a.

Last 3Y

5.14%p.a.

Last 5Y

6.76%p.a.

Since Inception

About SBI Liquid Fund Institutional Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the SBI Liquid Fund Institutional Growth scheme from SBI Funds Management Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Nov 2003, SBI Liquid Fund Institutional Growth is Liquid fund of its category with 70,911.57 Cr fund under management as on Jun 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.

  • SBI Liquid Fund Institutional Growth delivered 7.2% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
  • SBI Liquid Fund Institutional Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in liquid

Fund Objective

To provide the investors an opportunity to invest in the entire range of debt and money market securities with residual maturity upto 91 days only

Top 10 Holdings

HDFC Bank Limited

3.87%

India (Republic of)

3.75%

India (Republic of)

3.65%

HDFC Bank Limited

2.82%

Union Bank of India

2.81%

Reliance Jio Infocomm Ltd.

2.81%

Reliance Jio Infocomm Ltd.

2.81%

Bajaj Finance Ltd.

2.79%

Punjab National Bank

2.78%

Bank Of Baroda

2.78%

Fund Managers

  1. Rajeev Radhakrishnan (Dec 2023 - Present)
  2. R. Arun (May 2018 - Present)

Key Information

View Scheme Document

SBI Liquid Fund Institutional 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 Liquid Fund Institutional 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 Liquid Fund Institutional 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 Liquid Fund Institutional 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