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
₹54.41
0.00%
NAV as on 16 Nov 24, 12:00 AM
high risk
conservative allocation
debt
NAV as on 16 Nov 24, 12:00 AM
high risk
conservative allocation
debt
9.20%p.a.
Last 1Y
7.33%p.a.
Last 3Y
4.49%p.a.
Last 5Y
8.48%p.a.
Since Inception
About Nippon India Hybrid Bond Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Hybrid Bond Fund Growth scheme from Nippon Life India Asset Management Ltd. It is a Conservative Allocation mutual fund scheme that predominantly invests in Conservative Allocation stocks of companies. Launched on Dec 2003, Nippon India Hybrid Bond Fund Growth is Conservative Allocation fund of its category with 830.76 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Conservative Allocation funds.
- Nippon India Hybrid Bond Fund Growth delivered 9.2% annual returns during the last year. It has delivered 8.5% average annual returns since the fund was launched.
- Nippon India Hybrid 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 regular income in order to make regular dividend payments to unitholders and the secondary objective is growth of capital.
Top 10 Holdings
National Bank For Agriculture And Rural Development
6.02%
Century Textiles And Industries Limited
4.23%
7.1% Govt Stock 2029
3.66%
07.09 KA Sdl 2030
3.62%
Piramal Capital & Housing Finance Limited
3.61%
Delhi International Airport Limited
3.14%
Shriram Housing Finance Limited 9.25%
3.04%
DLF Cyber City Developers Ltd. 8.4%
3.03%
Godrej Properties Limited
3.02%
Prestige Projects Private Limited 11.75%
3.02%
Fund Managers
- Dhrumil Shah (Sep 2021 - Present)
- Kinjal Desai (Dec 2003 - Present)
- Sushil Budhia (Feb 2020 - Present)
- Akshay Sharma (Dec 2022 - Present)
Key Information
View Scheme Document
Nippon India Hybrid Bond Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Nippon India Hybrid 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 Hybrid 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 Hybrid 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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8.7%
Frequently Asked Questions
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