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
₹14.55
-0.12%
NAV as on 06 Oct 24, 12:00 AM
moderately high risk
medium duration
debt
NAV as on 06 Oct 24, 12:00 AM
moderately high risk
medium duration
debt
8.06%p.a.
Last 1Y
5.31%p.a.
Last 3Y
0.78%p.a.
Last 5Y
3.73%p.a.
Since Inception
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 117.33 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Medium Duration funds.
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.
7.18% Govt Stock 2037
17.52%
7.1% Govt Stock 2034
8.70%
Summit Digitel Infrastructure Limited
6.69%
7.17% Govt Stock 2030
4.34%
Pipeline Infrastructure Ltd. 7.96%
4.33%
Shriram Housing Finance Limited 9.25%
4.29%
DLF Cyber City Developers Limited 8.4%
4.27%
Aadhar Housing Finance Limited
4.26%
Godrej Properties Limited
4.26%
Godrej Industries Limited
4.26%
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
moderately high risk | debt
5.8%
moderately high risk | debt
6.0%
moderately high risk | debt
5.6%