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
₹50.03
-0.01%
NAV as on 23 Nov 24, 12:00 AM
moderate risk
short duration
debt
NAV as on 23 Nov 24, 12:00 AM
moderate risk
short duration
debt
8.05%p.a.
Last 1Y
5.81%p.a.
Last 3Y
6.26%p.a.
Last 5Y
7.62%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the Nippon India Short Term Fund - Growth scheme from Nippon Life India Asset Management Ltd. It is a Short Duration mutual fund scheme that predominantly invests in Short Duration stocks of companies. Launched on Dec 2002, Nippon India Short Term Fund - Growth is Short Duration fund of its category with 7,665.31 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Short Duration funds.
The primary investment objective of the scheme is to generate stable returns for investors with a short term investment horizon by investing in debt and money market instruments.
7.17% Govt Stock 2030
8.87%
7.32% Govt Stock 2030
7.94%
7.1% Govt Stock 2029
6.39%
Renew Solar Energy (Jharkhand Five) Private Limited
2.58%
Small Industries Development Bank Of India
2.18%
National Bank For Agriculture And Rural Development
2.17%
07.27 MH Sdl 2030
2.01%
Cholamandalam Investment And Finance Company Limited
1.98%
Rural Electrification Corporation Limited
1.97%
Power Finance Corporation Ltd.
1.63%
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
6.4%
moderate risk | debt
5.5%
moderate risk | debt
6.1%