NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹212.64
0.91%
NAV as on 05 Nov 24, 12:00 AM
very high risk
index funds
equity
NAV as on 05 Nov 24, 12:00 AM
very high risk
index funds
equity
26.63%p.a.
Last 1Y
11.44%p.a.
Last 3Y
15.68%p.a.
Last 5Y
14.54%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the SBI Nifty Index Fund Growth scheme from SBI Funds Management Ltd. It is a Index Funds mutual fund scheme that predominantly invests in Index Funds stocks of companies. Launched on Jan 2002, SBI Nifty Index Fund Growth is Index Funds fund of its category with 8,729.37 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds funds.
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus IDCW payments by the constituent stocks.
HDFC Bank Ltd
11.32%
Reliance Industries Ltd
8.63%
ICICI Bank Ltd
7.73%
Infosys Ltd
5.82%
ITC Ltd
4.15%
Bharti Airtel Ltd
3.95%
Tata Consultancy Services Ltd
3.76%
Larsen & Toubro Ltd
3.73%
Axis Bank Ltd
3.03%
State Bank of India
2.61%
View Scheme Document
If invested
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
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
---|---|---|
Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
11.7%
very high risk | equity
11.6%
very high risk | equity
11.6%