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
₹68.61
-0.01%
NAV as on 30 Apr 24, 12:00 AM
moderate risk
government bond
debt
NAV as on 30 Apr 24, 12:00 AM
moderate risk
government bond
debt
5.85%p.a.
Last 1Y
4.47%p.a.
Last 3Y
6.37%p.a.
Last 5Y
8.29%p.a.
Since Inception
About Canara Robeco Gilt Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Canara Robeco Gilt Fund Plan Growth scheme from Canara Robeco Asset Management Co. Ltd.. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Dec 1999, Canara Robeco Gilt Fund Plan Growth is Government Bond fund of its category with 108.36 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
- Canara Robeco Gilt Fund Plan Growth delivered 5.8% annual returns during the last year. It has delivered 8.3% average annual returns since the fund was launched.
- Canara Robeco Gilt Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To provide risk free return (except interest rate risk) while maintaining stability of capital and liquidity. Being a dedicated Gilt Scheme, the funds will be invested in securities as defined under Sec. 2 (2) of Public Debt Act, 1944. However, there can be no assurance that the investment objective of the Scheme will be realized.
Top 9 Holdings
7.18% Govt Stock 2037
31.31%
7.18% Govt Stock 2033
19.38%
7.32% Govt Stock 2030
9.30%
7.25% Govt Stock 2063
8.45%
7.1% Govt Stock 2029
4.60%
7.17% Govt Stock 2030
2.39%
7.38% Govt Stock 2027
2.32%
7.3% Govt Stock 2053
2.04%
8.13% Govt Stock 2045
0.10%
Fund Managers
- Avnish Jain (Apr 2022 - Present)
- Kunal Jain (Jul 2022 - Present)
Key Information
View Scheme Document
Canara Robeco Gilt Fund Plan Growth SIP Calculator
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NRI Mutual Fund Tax on Canara Robeco Gilt Fund Plan Growth
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 |
How can NRIs invest in Canara Robeco Gilt Fund Plan Growth?
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:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Canara Robeco Gilt Fund Plan Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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