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
₹53.04
-0.19%
NAV as on 16 Nov 24, 12:00 AM
moderate risk
medium to long duration
debt
NAV as on 16 Nov 24, 12:00 AM
moderate risk
medium to long duration
debt
8.13%p.a.
Last 1Y
4.63%p.a.
Last 3Y
5.22%p.a.
Last 5Y
7.84%p.a.
Since Inception
About Canara Robeco Income Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Canara Robeco Income Fund Plan Growth scheme from Canara Robeco Asset Management Co. Ltd.. It is a Medium to Long Duration mutual fund scheme that predominantly invests in Medium to Long Duration stocks of companies. Launched on Sep 2002, Canara Robeco Income Fund Plan Growth is Medium to Long Duration fund of its category with 119.78 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Medium to Long Duration funds.
- Canara Robeco Income Fund Plan Growth delivered 8.1% annual returns during the last year. It has delivered 7.8% average annual returns since the fund was launched.
- Canara Robeco Income 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
The Scheme seeks to generate income and capital appreciation through a portfolio constituted of medium to long term debt and money market securities and issuers of different risk profiles. However, there can be no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
7.30 Goi 19062053
17.37%
7.23% Goi 15/04/2039
8.62%
07.32 Goi 2030
8.56%
07.18 Goi 24072037
8.55%
7.10%Goi 08/04/2034
8.50%
07.04 Goi 03062029
8.43%
6.79 Goi 2034
8.34%
7.34% Govt Stock 2064
4.36%
Govt Stock 22092033
4.30%
Hdb Financial Services Limited
4.15%
Fund Managers
- Avnish Jain (Jun 2014 - Present)
- Kunal Jain (Jul 2022 - Present)
Key Information
View Scheme Document
Canara Robeco Income Fund Plan Growth SIP Calculator
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NRI Mutual Fund Tax on Canara Robeco Income 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 Income 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 Income 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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