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
₹36.41
0.02%
NAV as on 19 Nov 24, 12:00 AM
moderate risk
government bond
debt
NAV as on 19 Nov 24, 12:00 AM
moderate risk
government bond
debt
9.10%p.a.
Last 1Y
5.49%p.a.
Last 3Y
6.02%p.a.
Last 5Y
8.28%p.a.
Since Inception
About Nippon India Gilt Securities Fund -P F Option -Defined Maturity Date for NRIs
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 2,093.77 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
- Nippon India Gilt Securities Fund -P F Option -Defined Maturity Date delivered 9.1% annual returns during the last year. It has delivered 8.3% average annual returns since the fund was launched.
- Nippon India Gilt Securities Fund -P F Option -Defined Maturity Date 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 credit risk-free returns by investing in a portfolio of securities issued and guaranteed by the Central Government and State Government.
Top 10 Holdings
7.1% Govt Stock 2034
15.04%
7.34% Govt Stock 2064
13.38%
7.3% Govt Stock 2053
11.35%
7.09% Govt Stock 2054
8.41%
7.18% Govt Stock 2033
7.29%
7.25% Govt Stock 2063
6.88%
7.26% Govt Stock 2033
6.38%
7.18% Govt Stock 2037
5.84%
6.79% Govt Stock 2034
4.05%
6.8% Govt Stock 2060
2.78%
Fund Managers
- Pranay Sinha (Mar 2021 - Present)
- Kinjal Desai (Oct 2021 - Present)
Key Information
View Scheme Document
Nippon India Gilt Securities Fund -P F Option -Defined Maturity Date SIP Calculator
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NRI Mutual Fund Tax on Nippon India Gilt Securities Fund -P F Option -Defined Maturity Date
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 Gilt Securities Fund -P F Option -Defined Maturity Date?
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 Gilt Securities Fund -P F Option -Defined Maturity Date
- 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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