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
₹73.81
0.05%
NAV as on 16 Dec 24, 12:00 AM
moderate risk
medium to long duration
debt
NAV as on 16 Dec 24, 12:00 AM
moderate risk
medium to long duration
debt
8.56%p.a.
Last 1Y
5.39%p.a.
Last 3Y
6.58%p.a.
Last 5Y
8.30%p.a.
Since Inception
About Kotak Bond Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Bond Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Medium to Long Duration mutual fund scheme that predominantly invests in Medium to Long Duration stocks of companies. Launched on Nov 1999, Kotak Bond Growth is Medium to Long Duration fund of its category with 2,017.78 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Medium to Long Duration funds.
- Kotak Bond Growth delivered 8.6% annual returns during the last year. It has delivered 8.3% average annual returns since the fund was launched.
- Kotak Bond 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 create a portfolio of debt instruments such as bonds, debentures, Government Securities and money market instruments, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. There is no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
7.18% Govt Stock 2037
20.26%
7.32% Govt Stock 2030
9.89%
7.25% Govt Stock 2063
7.26%
7.02% Govt Stock 2031
7.07%
7.93% Govt Stock 2033
5.63%
7.3% Govt Stock 2053
5.60%
7.37% Govt Stock 2028
5.06%
HDFC Bank Limited
3.78%
7.23% Govt Stock 2039
2.55%
Power Finance Corporation Limited
2.53%
Fund Managers
- Abhishek Bisen (Apr 2008 - Present)
Key Information
View Scheme Document
Kotak Bond Growth SIP Calculator
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
NRI Mutual Fund Tax on Kotak Bond 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 Kotak Bond 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 Kotak Bond 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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