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
₹14.67
0.02%
NAV as on 19 Nov 24, 12:00 AM
moderately high risk
medium duration
debt
NAV as on 19 Nov 24, 12:00 AM
moderately high risk
medium duration
debt
8.21%p.a.
Last 1Y
5.57%p.a.
Last 3Y
0.79%p.a.
Last 5Y
3.74%p.a.
Since Inception
About Nippon India Strategic Debt Fund Growth Option for NRIs
NRIs can achieve long-term capital appreciation by investing in the Nippon India Strategic Debt Fund Growth Option scheme from Nippon Life India Asset Management Ltd. It is a Medium Duration mutual fund scheme that predominantly invests in Medium Duration stocks of companies. Launched on Jun 2014, Nippon India Strategic Debt Fund Growth Option is Medium Duration fund of its category with 117.13 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.
- Nippon India Strategic Debt Fund Growth Option delivered 8.2% annual returns during the last year. It has delivered 3.7% average annual returns since the fund was launched.
- Nippon India Strategic Debt Fund Growth Option scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximizing income while maintaining the optimum balance of yield, safety and liquidity.
Top 10 Holdings
7.18% Govt Stock 2037
17.43%
07.18 MH Sdl 2030
8.58%
Summit Digitel Infrastructure Limited
6.72%
7.1% Govt Stock 2034
4.34%
Shriram Housing Finance Limited 9.25%
4.31%
DLF Cyber City Developers Ltd. 8.4%
4.29%
Century Textiles And Industries Limited
4.28%
Godrej Properties Limited
4.28%
Aadhar Housing Finance Limited
4.28%
Godrej Industries Limited
4.28%
Fund Managers
- Kinjal Desai (May 2018 - Present)
- Sushil Budhia (Feb 2020 - Present)
- Akshay Sharma (Dec 2022 - Present)
Key Information
View Scheme Document
Nippon India Strategic Debt Fund Growth Option SIP Calculator
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For a period of
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NRI Mutual Fund Tax on Nippon India Strategic Debt Fund Growth Option
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 Strategic Debt Fund Growth Option?
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 Strategic Debt Fund Growth Option
- 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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