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
₹34.87
0.02%
NAV as on 07 Sep 24, 12:00 AM
low to moderate risk
low duration
debt
NAV as on 07 Sep 24, 12:00 AM
low to moderate risk
low duration
debt
7.06%p.a.
Last 1Y
5.51%p.a.
Last 3Y
7.50%p.a.
Last 5Y
7.21%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the JM Low Duration Fund Growth scheme from JM Financial Asset Management Limited. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Sep 2006, JM Low Duration Fund Growth is Low Duration fund of its category with 245.58 Cr fund under management as on Sep 2024. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.
To generate stable long term returns with low risk strategy and capital appreciation/accretion besides preservation of capital through investments in Debt & Money Market instruments such that the Macaulay duration# of the portfolio is between 6 months - 12 months. Investors are required to read all the scheme related information 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.
National Bank For Agriculture And Rural Development
8.06%
Larsen And Toubro Limited
6.10%
Power Finance Corporation Ltd.
6.08%
Cholamandalam Investment And Finance Company Limited
6.06%
7.37% Govt Stock 2028
5.40%
Rural Electrification Corporation Limited
4.08%
Small Industries Development Bank Of India
4.07%
360 One Prime Limited
4.06%
LIC Housing Finance Ltd
4.03%
7.38% Govt Stock 2027
3.72%
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
6.1%
low to moderate risk | debt
5.7%
low to moderate risk | debt
5.5%