NRI from all over the world (including 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
₹34.14
-0.01%
NAV as on 06 Oct 24, 12:00 AM
high risk
credit risk
debt
NAV as on 06 Oct 24, 12:00 AM
high risk
credit risk
debt
8.03%p.a.
Last 1Y
6.53%p.a.
Last 3Y
5.20%p.a.
Last 5Y
7.11%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Credit Risk Fund Institutional Growth scheme from Nippon Life India Asset Management Ltd. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on Jul 2009, Nippon India Credit Risk Fund Institutional Growth is Credit Risk fund of its category with 1,030.04 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.
The primary investment objective of this option is to generate optimal returns consistent with moderate level of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly investments shall predominantly be made in Debt & Money Market Instruments.
7.32% Govt Stock 2030
6.99%
Summit Digitel Infrastructure Limited
5.90%
7.1% Govt Stock 2029
4.93%
Renew Solar Energy Jharkhand Five Private Limited
4.84%
Shriram Housing Finance Limited 9.25%
3.91%
DLF Cyber City Developers Limited 8.4%
3.89%
Prestige Projects Private Limited 11.75%
3.89%
Century Textiles And Industries Limited
3.88%
Piramal Capital & Housing Finance Limited
3.62%
Greenlam Industries Limited
3.46%
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
high risk | debt
6.8%
high risk | debt
6.5%
high risk | debt
6.5%