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
₹36.45
0.02%
NAV as on 26 Nov 22, 12:00 AM
low to moderate risk
ultra short duration
debt
NAV as on 26 Nov 22, 12:00 AM
low to moderate risk
ultra short duration
debt
4.22%p.a.
Last 1Y
4.41%p.a.
Last 3Y
5.62%p.a.
Last 5Y
7.01%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the L&T Ultra Short Term Fund Growth scheme from L&T Investment Management Ltd. It is a Ultra Short Duration mutual fund scheme that predominantly invests in Ultra Short Duration stocks of companies. Launched on Apr 2003, L&T Ultra Short Term Fund Growth is Ultra Short Duration fund of its category with 1,486.65 Cr fund under management as on Nov 2022. The expense ratio of this fund is less than that of most other Fund category Ultra Short Duration funds.
To generate reasonable and stable income and provide liquidity to the unit holder. To achieve this objective the scheme will invest predominantly in a well diversified and highly liquid portfolio of money market instruments, government securities and corporate debt. The scheme will not invest in equities or equity related instruments. There is no assurance that the investment objective of the scheme will be realized.
Housing Development Finance Corporation Ltd
8.84%
182 Dtb 29122022
6.68%
364 Dtb 09032023
6.59%
Reliance Industries Limited
5.27%
Power Grid Corporation Of India Limited
5.01%
182 DTB 22122022
3.34%
182 DTB 02032023
3.30%
Axis Bank Ltd.
3.22%
Bajaj Finance Limited
3.19%
Rec Limited
2.11%
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
5.3%
low to moderate risk | debt
5.5%
low to moderate risk | debt
5.6%