Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Service typeNRI mutual-fund investment gateway
Source 1Fund managerSBI Funds Management Limited, a joint venture between SBI and AMUNDI
Source 2Fund families describedMoney market, debt, hybrid, equity, solution-oriented, index funds, ETFs and fund-of-funds
Source 3Core onboarding requirementsKYC-verified PAN and NRE or NRO bank details; an Indian bank account is mandatory
Source 4Investment currencyIndian rupees only; foreign-currency investment is not accepted
Source 5Published funding routesRupee cheque or draft from an Indian NRE/NRO account, or a rupee cheque/draft from an overseas exchange house drawn on its correspondent Indian bank
Source 6Transaction channelsOnline account and purchase route, plus common application or transaction forms through official acceptance points; US/Canada investors are directed to the conventional submission route
Source 7Joint holdingMay be held jointly with a resident Indian or another NRI
Source 8Power-of-attorney transactionsPermitted after registering the original or a properly attested notarized copy signed by both investor and POA holder; POA holder cannot nominate
Source 9Risk and returnMarket risk, return, liquidity, fees and holding period are scheme-specific; read the current scheme documents before investing
Source 10Benefits and features
- Access to multiple SBI Mutual Fund families through one NRI gateway
- Online portfolio access and published conventional submission routes
- Joint holding with a resident Indian or another NRI
Eligibility
- This is an investment gateway to schemes managed by SBI Funds Management Limited, not a guaranteed-return SBI bank deposit.
- KYC, PAN, Indian-bank-account and source-of-funds requirements apply; scheme eligibility can vary.
- US/Canada investors should follow the conventional route described by SBI Mutual Fund and verify current jurisdiction-specific acceptance before submitting.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Completed common application form for conventional onboarding
- KYC-verified PAN and required identity/address evidence
- NRE or NRO bank details
- For rupee draft or banker's cheque: FIRC, bank source-of-funds confirmation, or copy of the instrument; for NRE/NRO cheque: copy of that cheque
- Original or qualifying attested/notarized power of attorney signed by investor and POA holder, if a POA is used