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
₹16.25
-0.01%
NAV as on 29 Jul 23, 12:00 AM
low to moderate risk
credit risk
debt
NAV as on 29 Jul 23, 12:00 AM
low to moderate risk
credit risk
debt
6.31%p.a.
Last 1Y
9.29%p.a.
Last 3Y
3.09%p.a.
Last 5Y
5.30%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the IDBI Credit Risk Fund Growth scheme from IDBI Asset Management Limited. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on Mar 2014, IDBI Credit Risk Fund Growth is Credit Risk fund of its category with 22.8 Cr fund under management as on Jul 2023. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.
The investment objective of the Scheme is to generate regular income and opportunities for capital appreciation by investing predominantly in AA and below rated corporate bonds across maturity spectrum. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
India (Republic of)
41.32%
Udaipur Cement Wor
10.99%
7.06% Govt Stock 2028
10.96%
Rec Limited
8.87%
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.