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
₹11.50
0.06%
NAV as on 09 Dec 24, 12:00 AM
moderate risk
short duration
debt
NAV as on 09 Dec 24, 12:00 AM
moderate risk
short duration
debt
7.46%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
6.26%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the JM Short Duration Fund Growth scheme from JM Financial Asset Management Limited. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on Aug 2022, JM Short Duration Fund Growth is Short Duration fund of its category with 125.65 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.
The Scheme will endeavor to generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments.
7.04% Govt Stock 2029
7.96%
HDFC Bank Limited
7.10%
7.32% Govt Stock 2030
6.46%
LIC Housing Finance Limited
6.33%
7.37% Govt Stock 2028
6.04%
Small Industries Development Bank Of India
5.95%
7.17% Govt Stock 2030
5.60%
Sikka Ports & Terminals Limited
4.67%
7.1% Govt Stock 2029
3.99%
Rural Electrification Corporation Limited
3.98%
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
moderate risk | debt
6.5%
moderate risk | debt
5.6%
moderate risk | debt
6.2%