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
₹36.32
-0.49%
NAV as on 06 Oct 24, 12:00 AM
moderate risk
government bond
debt
NAV as on 06 Oct 24, 12:00 AM
moderate risk
government bond
debt
9.91%p.a.
Last 1Y
5.55%p.a.
Last 3Y
6.13%p.a.
Last 5Y
8.35%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Gilt Securities Fund -P F Option -Defined Maturity Date scheme from Nippon Life India Asset Management Ltd. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Aug 2008, Nippon India Gilt Securities Fund -P F Option -Defined Maturity Date is Government Bond fund of its category with 1,894.15 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
The primary investment objective of the scheme is to generate optimal credit risk-free returns by investing in a portfolio of securities issued and guaranteed by the Central Government and State Government.
7.1% Govt Stock 2034
17.79%
7.34% Govt Stock 2064
13.01%
7.3% Govt Stock 2053
11.59%
7.18% Govt Stock 2037
7.85%
7.25% Govt Stock 2063
7.65%
7.18% Govt Stock 2033
7.03%
7.26% Govt Stock 2033
6.81%
7.23% Govt Stock 2039
6.55%
7.09% Govt Stock 2054
4.03%
6.67% Govt Stock 2035
2.08%
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
6.2%
moderate risk | gilt
5.5%
moderate risk | debt
5.7%