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
₹52.59
-0.05%
NAV as on 23 Nov 24, 12:00 AM
moderate risk
government bond
gilt
NAV as on 23 Nov 24, 12:00 AM
moderate risk
government bond
gilt
8.84%p.a.
Last 1Y
5.36%p.a.
Last 3Y
5.83%p.a.
Last 5Y
7.38%p.a.
Since Inception
About HDFC Gilt Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HDFC Gilt Fund Growth scheme from HDFC Asset Management Co Ltd. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Jul 2001, HDFC Gilt Fund Growth is Government Bond fund of its category with 2,815.51 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
- HDFC Gilt Fund Growth delivered 8.8% annual returns during the last year. It has delivered 7.4% average annual returns since the fund was launched.
- HDFC Gilt Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in gilt
Fund Objective
To generate credit risk-free returns through investments in sovereign securities issued by the Central Government and / or State Government.There is no assurance that the investment objective of the Scheme will be realized.
Top 10 Holdings
7.18% Govt Stock 2033
26.40%
7.3% Govt Stock 2053
17.06%
7.26% Govt Stock 2033
8.71%
7.26% Govt Stock 2032
6.17%
7.1% Govt Stock 2034
5.95%
6.79% Govt Stock 2034
5.31%
7.34% Govt Stock 2064
4.98%
7.17% Govt Stock 2030
4.86%
7.18% Govt Stock 2037
4.35%
7.25% Govt Stock 2063
3.10%
Fund Managers
- Anil Bamboli (Sep 2007 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC Gilt Fund Growth 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 Gilt Fund Growth
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 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 HDFC 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
Similar Funds
Funds
3Y Return
ICICI Prudential Gilt Fund Growth
moderate risk | debt
6.1%
Aditya Birla Sun Life Government Securities Fund Plan Growth Payout
moderate risk | debt
5.7%
Aditya Birla Sun Life Government Securities Fund Plan Growth Reinvestment
moderate risk | debt
5.7%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved