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
₹36.05
0.08%
NAV as on 18 Dec 24, 12:00 AM
moderately high risk
dynamic bond
debt
NAV as on 18 Dec 24, 12:00 AM
moderately high risk
dynamic bond
debt
9.38%p.a.
Last 1Y
6.02%p.a.
Last 3Y
6.59%p.a.
Last 5Y
8.04%p.a.
Since Inception
About Kotak Dynamic Bond Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Dynamic Bond Plan Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on May 2008, Kotak Dynamic Bond Plan Growth is Dynamic Bond fund of its category with 3,042.55 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.
- Kotak Dynamic Bond Plan Growth delivered 9.4% annual returns during the last year. It has delivered 8.0% average annual returns since the fund was launched.
- Kotak Dynamic Bond 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 maximise returns through an active management of a portfolio of debt and money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
Top 10 Holdings
7.3% Govt Stock 2053
40.93%
7.1% Govt Stock 2034
16.16%
7.25% Govt Stock 2063
7.63%
Muthoot Finance Limited
5.02%
6.79% Govt Stock 2034
4.13%
7.02% Govt Stock 2031
3.00%
HDFC Bank Limited
2.84%
Embassy Office Parks REIT
2.74%
TATA Steel Limited
2.49%
HDFC Bank Limited
2.35%
Fund Managers
- Deepak Agrawal (Nov 2012 - Present)
- Abhishek Bisen (Nov 2022 - Present)
Key Information
View Scheme Document
Kotak Dynamic Bond Plan Growth SIP Calculator
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For a period of
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₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Kotak Dynamic Bond 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 Dynamic Bond 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 Dynamic Bond 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
Frequently Asked Questions
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