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
₹21.52
0.21%
NAV as on 16 Jan 25, 12:00 AM
moderate risk
government bond
debt
NAV as on 16 Jan 25, 12:00 AM
moderate risk
government bond
debt
8.31%p.a.
Last 1Y
5.41%p.a.
Last 3Y
5.73%p.a.
Last 5Y
5.51%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the LIC MF Gilt Fund PF Plan Reinvestment of Income Distribution cum Cap Wdrl scheme from LIC Mutual Fund Asset Management Limited. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Dec 2003, LIC MF Gilt Fund PF Plan Reinvestment of Income Distribution cum Cap Wdrl is Government Bond fund of its category with 100.28 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
The primary objective of the scheme is to generate credit risk free and reasonable returns for its investors through investments in sovereign securities issued by the central and /or state Government and /or any security unconditionally guaranteed by the central/ state government for repayment of Principal and interest and/or reverse repos in such securities as and when permitted by RBI. However, there is no assurance that the investment objective of the Schemes will be realized.
7.34% Govt Stock 2064
31.64%
7.3% Govt Stock 2053
13.44%
07.70 MH Sgs 2033
10.57%
7.23% Govt Stock 2039
10.44%
7.1% Govt Stock 2034
10.33%
7.25% Govt Stock 2063
7.72%
7.18% Govt Stock 2037
5.26%
6.79% Govt Stock 2034
3.04%
07.71 MH Sdl 2033
2.62%
07.72 MH Sdl 2034
2.09%
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
6.4%
moderate risk | debt
6.6%
moderate risk | gilt
4.9%