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

INVEST VIA NRE/NRO

JM Dynamic Bond Fund - Growth for NRI [39.64]

Min Investment

1,000

Fund Size

45.99 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

39.64

0.22%

NAV as on 09 Dec 24, 12:00 AM

moderate risk

dynamic bond

debt

NAV as on 09 Dec 24, 12:00 AM

moderate risk

dynamic bond

debt

8.82%p.a.

Last 1Y

6.03%p.a.

Last 3Y

5.75%p.a.

Last 5Y

6.62%p.a.

Since Inception

About JM Dynamic Bond Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the JM Dynamic Bond Fund - Growth scheme from JM Financial Asset Management Limited. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Jun 2003, JM Dynamic Bond Fund - Growth is Dynamic Bond fund of its category with 45.99 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.

  • JM Dynamic Bond Fund - Growth delivered 8.8% annual returns during the last year. It has delivered 6.6% average annual returns since the fund was launched.
  • JM 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 will be to actively manage a portfolio of good quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unit holders. Investors are required to read all the scheme related information set out in the offer documents carefully and also note that there can be no assurance that the investment objectives of the scheme will be realized. The scheme does not guarantee/ indicate any returns.

Top 8 Holdings

7.18% Govt Stock 2037

38.73%

7.1% Govt Stock 2034

22.67%

7.23% Govt Stock 2039

10.32%

7.32% Govt Stock 2030

9.13%

7.37% Govt Stock 2028

4.55%

7.18% Govt Stock 2033

4.54%

7.04% Govt Stock 2029

2.25%

Corporate Debt Market Development Fund - Class A2 Units

0.26%

Fund Managers

  1. Gurvinder Wasan (Apr 2022 - Present)
  2. Naghma Khoja (Apr 2024 - Present)
  3. Ruchi Fozdar (Apr 2024 - Present)

Key Information

View Scheme Document

JM Dynamic Bond Fund - 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 JM Dynamic Bond Fund - 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 JM 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 JM 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

Frequently Asked Questions