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
₹11.40
-0.01%
NAV as on 30 Apr 24, 12:00 AM
moderate risk
dynamic bond
debt
NAV as on 30 Apr 24, 12:00 AM
moderate risk
dynamic bond
debt
5.99%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
5.34%p.a.
Since Inception
About ITI Dynamic Bond Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the ITI Dynamic Bond Fund Growth scheme from ITI Asset Management Limited. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Jul 2021, ITI Dynamic Bond Fund Growth is Dynamic Bond fund of its category with 39.83 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.
- ITI Dynamic Bond Fund Growth delivered 6.0% annual returns during the last year. It has delivered 5.3% average annual returns since the fund was launched.
- ITI Dynamic Bond Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
The investment objective of the Scheme is to maximize returns through an active management of a portfolio comprising of debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Top 7 Holdings
7.25% Govt Stock 2063
41.24%
7.46% Govt Stock 2073
10.31%
7.3% Govt Stock 2053
10.08%
India (Republic of) 7.23%
10.07%
India (Republic of) 7.1%
10.02%
National Bank for Agriculture and Rural Development 7.62%
6.28%
Corporate Debt Market Development Fund Class A2
0.40%
Fund Managers
- Vikrant Mehta (Jul 2021 - Present)
Key Information
View Scheme Document
ITI Dynamic Bond Fund Growth SIP Calculator
If invested
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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 ITI Dynamic Bond 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 ITI Dynamic Bond 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 ITI Dynamic Bond 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
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Frequently Asked Questions
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