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
₹52.99
0.01%
NAV as on 30 Apr 24, 12:00 AM
moderate risk
low duration
debt
NAV as on 30 Apr 24, 12:00 AM
moderate risk
low duration
debt
7.22%p.a.
Last 1Y
5.46%p.a.
Last 3Y
6.17%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 15,589.2 Cr fund under management as on Apr 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 7.2% 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
8.25% Govt Stock 2033
8.18%
Power Finance Corporation Limited
3.68%
Bharti Telecom Limited
3.53%
Titan Company Limited
3.37%
7.69% Govt Stock 2028
2.89%
SANSAR TRUST JULY 2023 II
2.37%
364 DTB 11072024
1.89%
Power Finance Corporation Limited
1.76%
Panatone Finvest Ltd
1.63%
National Bank For Agriculture And Rural Development
1.61%
Fund Managers
- Anupam Joshi (Oct 2015 - Present)
- Praveen Jain (Oct 2022 - Present)
- Dhruv Muchhal (Jun 2023 - Present)
Key Information
View Scheme Document
HDFC Low Duration Plan Growth SIP Calculator
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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 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 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
Similar Funds
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ICICI Prudential Savings Fund Growth
moderate risk | debt
6.0%
Aditya Birla Sun Life Low Duration Plan Growth
moderate risk | debt
5.3%
SBI Magnum Low Duration Fund Plan Growth
moderate risk | debt
5.2%
Frequently Asked Questions
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