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
₹15.14
0.03%
NAV as on 07 Nov 24, 12:00 AM
moderate risk
corporate bond
debt
NAV as on 07 Nov 24, 12:00 AM
moderate risk
corporate bond
debt
7.82%p.a.
Last 1Y
5.25%p.a.
Last 3Y
5.72%p.a.
Last 5Y
6.97%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the DSP Corporate Bond Growth scheme from DSP Asset Managers Private Limited. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Sep 2018, DSP Corporate Bond Growth is Corporate Bond fund of its category with 2,548.64 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.
The primary investment objective of the Scheme is to seek to generate regular income and capital appreciation commensurate with risk from a portfolio predominantly investing in corporate debt securities across maturities which are rated AA+ and above, in addition to debt instruments issued by central and state governments and money market securities. However, there can be no assurance that the investment objective of the scheme will be realized.
7.38% Govt Stock 2027
13.28%
Indian Oil Corporation Limited
6.99%
National Bank For Agriculture And Rural Development
5.12%
LIC Housing Finance Ltd
5.02%
Small Industries Development Bank Of India
4.26%
Bajaj Housing Finance Ltd.
4.04%
Rural Electrification Corporation Limited
3.46%
Indian Railway Finance Corporation Limited
3.45%
Sundaram Finance Limited
3.19%
Jamnagar Utilities And Power Pvt Limited
2.89%
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
6.2%
moderate risk | debt
6.5%
moderate risk | debt
6.5%