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
₹23.02
0.01%
NAV as on 17 Dec 24, 12:00 AM
moderately high risk
credit risk
debt
NAV as on 17 Dec 24, 12:00 AM
moderately high risk
credit risk
debt
8.46%p.a.
Last 1Y
6.14%p.a.
Last 3Y
7.34%p.a.
Last 5Y
8.07%p.a.
Since Inception
About HDFC Credit Risk Debt Fund Growth Option for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Credit Risk Debt Fund Growth Option scheme from HDFC Asset Management Co Ltd. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on Mar 2014, HDFC Credit Risk Debt Fund Growth Option is Credit Risk fund of its category with 7,404.25 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.
- HDFC Credit Risk Debt Fund Growth Option delivered 8.5% annual returns during the last year. It has delivered 8.1% average annual returns since the fund was launched.
- HDFC Credit Risk Debt Fund Growth Option 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 income/capital appreciation by investing predominantly in AA and below rated corporate debt. There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
Sandur Manganese And Iron Ores Limited (The)
4.01%
Tata Projects Limited
3.40%
The Tata Power Company Limited
3.12%
TATA Motors Limited
2.72%
Kalpataru Power Transmission Limited
2.68%
TATA Motors Limited
2.58%
Embassy Office Parks Reit
2.51%
TVS Credit Services Limited
2.44%
Kalpataru Power Transmission Limited
2.41%
Power Finance Corporation Limited
2.27%
Fund Managers
- Shobhit Mehrotra (Mar 2014 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC Credit Risk Debt Fund Growth Option SIP Calculator
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
NRI Mutual Fund Tax on HDFC Credit Risk Debt Fund Growth Option
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 |
How can NRIs invest in HDFC Credit Risk Debt Fund Growth Option?
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 HDFC Credit Risk Debt Fund Growth Option
- 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
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Frequently Asked Questions
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