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
₹15.68
0.11%
NAV as on 09 Dec 24, 12:00 AM
high risk
retirement
debt
NAV as on 09 Dec 24, 12:00 AM
high risk
retirement
debt
15.68%p.a.
Last 1Y
7.25%p.a.
Last 3Y
0.00%p.a.
Last 5Y
9.31%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Retirement Fund - Conservative Plan Growth scheme from Axis Asset Management Company Limited. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Dec 2019, Axis Retirement Fund - Conservative Plan Growth is Retirement fund of its category with 73.62 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.
The investment objective of the Investment Plan(s) under the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt and other instruments to help investors meet their retirement goals. However, there can be no assurance that the investment objective of the Scheme will be achieved. To generate regular income through investments predominantly in debt and money market instruments and to generate long term capital appreciation by investing certain portion of the portfolio in equity and equity related securities. The Investment Plan may also invest in units of Gold ETF or units of REITs & InvITs for income generation / wealth creation.
7.18% Govt Stock 2037
27.74%
7.25% Govt Stock 2063
9.08%
7.34% Govt Stock 2064
7.05%
7.3% Govt Stock 2053
7.02%
Power Finance Corporation Limited
5.73%
Reliance Industries Ltd
2.91%
Infosys Ltd
2.48%
Power Grid Corp Of India Ltd
2.26%
Apollo Hospitals Enterprise Ltd
2.24%
Mahindra & Mahindra Ltd
2.23%
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
high risk | debt
10.3%