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
₹1244.49
0.01%
NAV as on 01 May 24, 12:00 AM
low to moderate risk
ultra short duration
debt
NAV as on 01 May 24, 12:00 AM
low to moderate risk
ultra short duration
debt
7.19%p.a.
Last 1Y
5.46%p.a.
Last 3Y
0.00%p.a.
Last 5Y
5.24%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the HSBC Ultra Short Duration Fund Growth scheme from HSBC Asset Management(India)Private Ltd. It is a Ultra Short Duration mutual fund scheme that predominantly invests in Ultra Short Duration stocks of companies. Launched on Jan 2020, HSBC Ultra Short Duration Fund Growth is Ultra Short Duration fund of its category with 2,100.02 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Ultra Short Duration funds.
The investment objective of the scheme is to provide liquidity and generate reasonable returns with low volatility through investment in a portfolio comprising of debt & money market instruments. However, there is no assurance that the investment objective of the scheme will be achieved.
National Bank For Agriculture And Rural Development
4.71%
India (Republic of)
4.62%
Canara Bank
3.52%
Larsen And Toubro Limited
3.02%
Power Finance Corporation Limited
2.54%
Power Finance Corporation Limited
2.44%
7.35% Govt Stock 2024
2.43%
Canara Bank
2.36%
ICICI Bank Ltd.
2.24%
Panatone Finvest Ltd
2.24%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
low to moderate risk | debt
5.3%
low to moderate risk | debt
5.6%
low to moderate risk | debt
4.4%