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
₹55.23
0.02%
NAV as on 05 Sep 24, 12:00 AM
moderate risk
government bond
gilt
NAV as on 05 Sep 24, 12:00 AM
moderate risk
government bond
gilt
7.05%p.a.
Last 1Y
4.48%p.a.
Last 3Y
4.86%p.a.
Last 5Y
7.80%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Franklin India Government Securities Fund Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Dec 2001, Franklin India Government Securities Fund Growth is Government Bond fund of its category with 143.62 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
The primary objective of the Scheme is to generate return through investments in sovereign securities issued by the Central Government and / or a State Government and / or any security unconditionally guaranteed by the central Government and / or State Government for repayment of Principal and Interest.
7.1% Govt Stock 2034
32.64%
7.18% Govt Stock 2033
24.83%
8% Govt Stock 2034
17.98%
8.34% Govt Stock 2033
7.39%
364 DTB 14112024
6.85%
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 | gilt
5.3%
moderate risk | debt
5.6%