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

INVEST VIA NRE/NRO

HDFC Low Duration Plan Growth for NRI [55.40]

Min Investment

100

Fund Size

18,344.37 Cr

Expense Ratio

1.0%

Exit Load

0%

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

55.40

0.00%

NAV as on 18 Dec 24, 12:00 AM

low to moderate risk

low duration

debt

NAV as on 18 Dec 24, 12:00 AM

low to moderate risk

low duration

debt

7.40%p.a.

Last 1Y

6.14%p.a.

Last 3Y

6.04%p.a.

Last 5Y

7.06%p.a.

Since Inception

About HDFC Low Duration Plan Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the HDFC Low Duration Plan Growth scheme from HDFC Asset Management Co Ltd. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Nov 1999, HDFC Low Duration Plan Growth is Low Duration fund of its category with 18,344.37 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.

  • HDFC Low Duration Plan Growth delivered 7.4% annual returns during the last year. It has delivered 7.1% average annual returns since the fund was launched.
  • HDFC Low Duration Plan Growth 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 through investment in debt securities and money market instruments. There is no assurance that the investment objective of the Scheme will be realized.

Top 10 Holdings

7.93% Govt Stock 2033

7.00%

7.98% Govt Stock 2031

2.76%

7.3% Govt Stock 2028

2.74%

Titan Company Limited

2.73%

Hdb Financial Services Limited

2.46%

Aditya Birla Renewables Limited

2.19%

National Bank For Agriculture And Rural Development

2.04%

Power Finance Corporation Ltd.

1.77%

National Bank For Agriculture And Rural Development

1.63%

INDIA UNIVERSAL TRUST AL2

1.52%

Fund Managers

  1. Anupam Joshi (Oct 2015 - Present)
  2. Praveen Jain (Oct 2022 - Present)
  3. Dhruv Muchhal (Jun 2023 - Present)

Key Information

View Scheme Document

HDFC Low Duration Plan 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 HDFC Low Duration Plan 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 HDFC Low Duration Plan 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 Low Duration Plan 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