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
₹33.78
0.11%
NAV as on 08 Aug 22, 12:00 AM
moderate risk
other bond
debt
NAV as on 08 Aug 22, 12:00 AM
moderate risk
other bond
debt
13.69%p.a.
Last 1Y
8.71%p.a.
Last 3Y
8.61%p.a.
Last 5Y
8.66%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Franklin India Ultra Short Bond Fund Institutional Growth scheme from Franklin Templeton Asst Mgmt(IND)Pvt Ltd. It is a Other Bond mutual fund scheme that predominantly invests in Other Bond stocks of companies. Launched on Dec 2007, Franklin India Ultra Short Bond Fund Institutional Growth is Other Bond fund of its category with 296.53 Cr fund under management as on Aug 2022. The expense ratio of this fund is less than that of most other Fund category Other Bond funds.
To provide a combination of regular income and high liquidity by investing primarily in a mix of short term debt and money market instruments.
SBI Overnight Fund Dir Gr
100.12%
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
8.8%
moderate risk | debt
8.6%
moderate risk | debt
11.7%