NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl for NRI [1008.18]

Min Investment

500

Fund Size

57.45 Cr

Expense Ratio

1.4%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

1008.18

0.11%

NAV as on 20 Jan 25, 12:00 AM

moderate risk

dynamic bond

debt

NAV as on 20 Jan 25, 12:00 AM

moderate risk

dynamic bond

debt

6.87%p.a.

Last 1Y

4.98%p.a.

Last 3Y

4.97%p.a.

Last 5Y

5.32%p.a.

Since Inception

About Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl for NRIs

NRIs can achieve long-term capital appreciation by investing in the Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl scheme from Groww Asset Management Ltd.. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Dec 2018, Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl is Dynamic Bond fund of its category with 57.45 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.

  • Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl delivered 6.9% annual returns during the last year. It has delivered 5.3% average annual returns since the fund was launched.
  • Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

To generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including but not limited to bonds, debentures, government securities and money market instruments over various maturity periods. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme does not assure or guarantee any returns.

Top 10 Holdings

7.34% Govt Stock 2064

27.33%

7.46% Govt Stock 2073

9.26%

7.3% Govt Stock 2053

9.07%

7.09% Govt Stock 2054

8.83%

Small Industries Development Bank Of India

8.67%

Rural Electrification Corporation Limited

3.50%

LIC Housing Finance Limited

3.49%

7.38% Govt Stock 2027

0.88%

Small Industries Development Bank Of India

0.35%

SBI FUNDS MANAGEMENT PVT LMTD

0.18%

Fund Managers

  1. Kaustubh Sule (May 2023 - Present)

Key Information

View Scheme Document

Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl SIP Calculator

If invested

5,000

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

NRI Mutual Fund Tax on Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl?

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 Groww Dynamic Bond Weekly Reinvestment Inc Dist cum Cap Wdrl
  • 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

Frequently Asked Questions