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
₹10.45
0.01%
NAV as on 31 Aug 23, 12:00 AM
moderate risk
index funds fixed income
debt
NAV as on 31 Aug 23, 12:00 AM
moderate risk
index funds fixed income
debt
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
3.98%p.a.
Since Inception
About Motilal Oswal Nifty G-sec May 2029 Index Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Motilal Oswal Nifty G-sec May 2029 Index Fund Growth scheme from Motilal Oswal Asset Management Co. Ltd. It is a Index Funds - Fixed Income mutual fund scheme that predominantly invests in Index Funds - Fixed Income stocks of companies. Launched on Mar 2023, Motilal Oswal Nifty G-sec May 2029 Index Fund Growth is Index Funds - Fixed Income fund of its category with 11.37 Cr fund under management as on Sep 2023. The expense ratio of this fund is less than that of most other Fund category Index Funds - Fixed Income funds.
- Motilal Oswal Nifty G-sec May 2029 Index Fund Growth delivered 0.0% annual returns during the last year. It has delivered 4.0% average annual returns since the fund was launched.
- Motilal Oswal Nifty G-sec May 2029 Index Fund 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 seek returns corresponding to total returns of securities as represented by the Nifty G-sec May 2029 Index, subject to tracking error.
Top 3 Holdings
7.59% Govt Stock 2029
48.69%
7.1% Govt Stock 2029
25.59%
7.26% Govt Stock 2029
22.97%
Fund Managers
- Rakesh Shetty (Mar 2023 - Present)
Key Information
View Scheme Document
Motilal Oswal Nifty G-sec May 2029 Index Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Motilal Oswal Nifty G-sec May 2029 Index Fund 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 Motilal Oswal Nifty G-sec May 2029 Index Fund 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 Motilal Oswal Nifty G-sec May 2029 Index Fund 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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