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
₹3522.46
0.02%
NAV as on 16 May 24, 12:00 AM
low to moderate risk
ultra short duration
debt
NAV as on 16 May 24, 12:00 AM
low to moderate risk
ultra short duration
debt
6.53%p.a.
Last 1Y
4.85%p.a.
Last 3Y
4.82%p.a.
Last 5Y
6.81%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Canara Robeco Ultra Short Term Fund Plan Growth scheme from Canara Robeco Asset Management Co. Ltd.. It is a Ultra Short Duration mutual fund scheme that predominantly invests in Ultra Short Duration stocks of companies. Launched on Jul 2008, Canara Robeco Ultra Short Term Fund Plan Growth is Ultra Short Duration fund of its category with 525.85 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Ultra Short Duration funds.
To generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile. However, there is no assurance that the objective of the Fund will be realised.
364 DTB 05122024
10.30%
National Bank For Agriculture And Rural Development
5.67%
Power Grid Corporation Of India Limited
4.75%
Sundaram Finance Limited
4.75%
Rural Electrification Corporation Limited
4.74%
National Housing Bank
4.74%
Power Finance Corporation Limited
4.73%
Kotak Mahindra Prime Limited
4.70%
LIC Housing Finance Ltd
4.68%
CORPORATE DEBT MARKET DEVELOPMENT FUND CLASS A2
0.30%
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
5.4%
low to moderate risk | debt
5.1%
low to moderate risk | debt
5.5%