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
₹29.44
0.07%
NAV as on 09 Dec 24, 12:00 AM
moderate risk
short duration
debt
NAV as on 09 Dec 24, 12:00 AM
moderate risk
short duration
debt
8.41%p.a.
Last 1Y
6.07%p.a.
Last 3Y
6.42%p.a.
Last 5Y
7.52%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Short Duration Fund Growth scheme from Axis Asset Management Company Limited. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on Jan 2010, Axis Short Duration Fund Growth is Short Duration fund of its category with 9,301.38 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.
To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.
6.79% Govt Stock 2034
6.11%
7.1% Govt Stock 2034
4.82%
7.32% Govt Stock 2030
3.90%
National Bank For Agriculture And Rural Development
2.79%
National Bank For Agriculture And Rural Development
2.15%
India Grid Trust
2.06%
Small Industries Development Bank Of India
1.83%
India (Republic of) 6.92%
1.63%
Power Finance Corporation Ltd.
1.62%
INDIA UNIVERSAL TRUST AL1
1.37%
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
6.5%
moderate risk | debt
5.6%
moderate risk | debt
6.2%