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
₹2830.53
0.02%
NAV as on 30 Apr 24, 12:00 AM
low to moderate risk
low duration
debt
NAV as on 30 Apr 24, 12:00 AM
low to moderate risk
low duration
debt
7.14%p.a.
Last 1Y
5.49%p.a.
Last 3Y
6.19%p.a.
Last 5Y
7.41%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Axis Treasury Advantage Growth scheme from Axis Asset Management Company Limited. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Oct 2009, Axis Treasury Advantage Growth is Low Duration fund of its category with 4,921.25 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.
To provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety and liquidity. However, there can be no assurance that the investment objective of the Scheme will be achieved.
182 DTB 29082024
3.96%
India (Republic of)
2.97%
ICICI Bank Ltd.
2.87%
Small Industries Development Bank Of India
2.63%
Bharti Telecom Limited
2.24%
National Bank For Agriculture And Rural Development
1.80%
National Housing Bank
1.53%
JM Financial Products Limited 8.92%
1.49%
Shriram Finance Ltd. 8.75%
1.43%
7.69% Govt Stock 2028
1.32%
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
low to moderate risk | debt
5.3%
low to moderate risk | debt
5.2%
low to moderate risk | debt
5.5%