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
₹35.31
0.04%
NAV as on 23 Nov 24, 12:00 AM
moderate risk
dynamic bond
debt
NAV as on 23 Nov 24, 12:00 AM
moderate risk
dynamic bond
debt
9.20%p.a.
Last 1Y
5.77%p.a.
Last 3Y
6.20%p.a.
Last 5Y
6.51%p.a.
Since Inception
About Nippon India Dynamic Bond Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Dynamic Bond Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Nov 2004, Nippon India Dynamic Bond Fund - Growth is Dynamic Bond fund of its category with 4,417.39 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.
- Nippon India Dynamic Bond Fund - Growth delivered 9.2% annual returns during the last year. It has delivered 6.5% average annual returns since the fund was launched.
- Nippon India Dynamic Bond 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 primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments
Top 10 Holdings
07.83 MH Sdl 2030
6.87%
07.04 Tn SDL 2030
5.22%
07.78 MH Sgs 2030
4.47%
7.17% Govt Stock 2030
4.13%
07.02 Tn SDL 2030
3.95%
07.70 MH Sgs 2030
3.14%
07.76 MH Sgs 2030
2.92%
07.86 MH Sdl 2030
2.58%
06.65 GJ Sdl 2030
2.49%
07.60 MH Sdl 2030
2.43%
Fund Managers
- Vivek Sharma (Jun 2020 - Present)
- Pranay Sinha (Mar 2021 - Present)
- Kinjal Desai (May 2018 - Present)
Key Information
View Scheme Document
Nippon India Dynamic Bond Fund - Growth SIP Calculator
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NRI Mutual Fund Tax on Nippon India Dynamic Bond 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 Nippon India Dynamic Bond 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 Nippon India Dynamic Bond 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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Frequently Asked Questions
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