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
₹1193.74
0.34%
NAV as on 09 Dec 24, 12:00 AM
moderate risk
long duration
debt
NAV as on 09 Dec 24, 12:00 AM
moderate risk
long duration
debt
12.57%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
9.22%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Long Duration Fund Growth scheme from Axis Asset Management Company Limited. It is a Long Duration mutual fund scheme that predominantly invests in Long Duration stocks of companies. Launched on Dec 2022, Axis Long Duration Fund Growth is Long Duration fund of its category with 522.11 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Long Duration funds.
To generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
7.36% Govt Stock 2052
34.82%
7.34% Govt Stock 2064
30.58%
7.25% Govt Stock 2063
20.90%
7.09% Govt Stock 2054
7.79%
7.3% Govt Stock 2053
1.57%
SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2
0.15%
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
moderate risk | debt
6.7%
moderate risk | debt
0.0%
moderate risk | bond
5.7%