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

INVEST VIA NRE/NRO

Groww Gilt Fund - Growth for NRI [9.78]

Min Investment

500

Fund Size

38.45 Cr

Expense Ratio

1.5%

Exit Load

%

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

9.78

0.08%

NAV as on 10 Feb 26, 12:00 AM

moderate risk

gilt

debt

NAV as on 10 Feb 26, 12:00 AM

moderate risk

gilt

debt

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

-2.23%p.a.

Since Inception

About Groww Gilt Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Groww Gilt Fund - Growth scheme from Groww Asset Management Limited. It is a Gilt mutual fund scheme that predominantly invests in Gilt stocks of companies. Launched on May 2025, Groww Gilt Fund - Growth is Gilt fund of its category with 38.45 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Gilt funds.

  • Groww Gilt Fund - Growth delivered 0.0% annual returns during the last year. It has delivered -2.2% average annual returns since the fund was launched.
  • Groww Gilt Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The scheme seeks to generate credit risk-free returns by predominantly investing in sovereign securities issued by the Central Government and/or State Government(s) and/or any security guaranteed by the Government of India, and/or reverse repos in such securities as per applicable RBI Regulations and Guidelines. The Scheme may also be investing in Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified from time to time.

Top 10 Holdings

Net Receivables

1.15%

Others CBLO

12.43%

GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100

24.25%

GOVERNMENT OF INDIA 36026 091 DAYS TBILL 28AG25 FV RS 100

14.85%

Reverse Repo

7.82%

GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100

47.43%

Net Payables

-19.78%

GOVERNMENT OF INDIA 35943 GOI 05MY35 6.33 FV RS 100

10.70%

GOVERNMENT OF INDIA 36114 091 DAYS TBILL 25SP25 FV RS 100

8.69%

GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100

30.13%

Fund Managers

  1. Kaustubh Sule (Apr 2025 - Present)

Key Information

View Scheme Document

Groww Gilt Fund - Growth 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 Gilt Fund - Growth

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 Gilt Fund - Growth?

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 Gilt Fund - Growth
  • 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