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
₹49.86
0.04%
NAV as on 18 Dec 24, 12:00 AM
moderate risk
short duration
debt
NAV as on 18 Dec 24, 12:00 AM
moderate risk
short duration
debt
7.76%p.a.
Last 1Y
5.68%p.a.
Last 3Y
6.05%p.a.
Last 5Y
7.36%p.a.
Since Inception
About Kotak Bond Short Term Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Bond Short Term Plan Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on May 2002, Kotak Bond Short Term Plan Growth is Short Duration fund of its category with 16,980.23 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.
- Kotak Bond Short Term Plan Growth delivered 7.8% annual returns during the last year. It has delivered 7.4% average annual returns since the fund was launched.
- Kotak Bond Short Term Plan 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 provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, 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 realised.
Top 10 Holdings
7.93% Govt Stock 2033
9.62%
7.32% Govt Stock 2030
9.48%
7.18% Govt Stock 2033
8.90%
National Bank For Agriculture And Rural Development
3.17%
7.17% Govt Stock 2030
3.15%
Bajaj Finance Limited
2.97%
LIC Housing Finance Ltd
2.92%
LIC Housing Finance Limited
2.81%
Small Industries Development Bank Of India
2.36%
HDFC Bank Limited
2.27%
Fund Managers
- Deepak Agrawal (Jul 2007 - Present)
- Abhishek Bisen (Nov 2022 - Present)
Key Information
View Scheme Document
Kotak Bond Short Term Plan Growth SIP Calculator
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on Kotak Bond Short Term Plan 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 Short Term Plan 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 Short Term Plan 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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